U.S. Bancorp Quarterly Revenue Rises to Record

U.S. Bancorp notched record second-quarter revenue due to strong loan growth, broad momentum on fees and a one-month boost from the recent acquisition of financial-services firm BTIG.

The Dallas Fed's Logan Says Interest Rates Need a Little Boost

Dallas Federal Reserve President Lorie Logan said that it will be necessary to raise interest rates "modestly" to bring inflation back down to 2%.

South Korea Regulator Unveils Curbs on High-Risk ETFs