The Federal Reserve's decision to cut interest rates by half a percentage point on Wednesday marked the closest the central bank has come in launching an easing cycle on the cusp of a U.S.
September 18, 2024
U.S. central bankers think they’ll need to lower interest rates to a range of 4.25%-4.50% by year-end, more than they anticipated in June, as inflation approaches their 2% goal
September 18, 2024
Federal Reserve Governor Michelle Bowman on Wednesday became the first Fed governor to vote against an interest-rate decision by the U.S. central bank since 2005, denying Fed
September 18, 2024
The United Auto Workers union is eying multiple U.S. strikes against French-Italian carmaker Stellantis about a year after a national walkout cost the Detroit Three
September 18, 2024
The Indian government's net direct tax collection rose 16% year-on-year to 9.96 trillion rupees ($119.07 billion) during April 1 to Sep 17, it said in a statement on Wednesday.
September 18, 2024
The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses
September 18, 2024
The Bank of Canada's governing council was split on the outlook for inflation ahead of its Sept 4 decision to cut rates for the third time in a row, minutes published on Wednesday showed.
September 18, 2024
JPMorgan Chase has created a new role that will oversee its junior bankers and analysts amid a focus to tackle the persistent problem of overworking on Wall Street.
September 18, 2024
New Jersey's OceanFirst Bank will pay $15.1 million, including at least $14 million to fund a loan subsidy fund, to settle a U.S.
September 18, 2024
GameStop CEO Ryan Cohen agreed to pay a nearly $1 million penalty to settle the U.S.
September 18, 2024
A recent jump in a key U.S. overnight funding rate could be the result of a peculiarity in the way it is calculated, rather than a signal of low liquidity,
September 18, 2024
Wall Street's top regulator on Wednesday unanimously voted to allow stock exchanges to price many shares in increments of half a penny, rather than the current minimum
September 18, 2024
Meta Platforms won the dismissal of a lawsuit claiming it defrauded shareholders by concealing how changes to Apple's privacy settings would make Facebook and Instagram
September 18, 2024
Broker-dealer First Horizon Advisors, Inc has agreed to pay a civil penalty of $325,000 in connection with its recommendations for certain products, the U.S.
September 18, 2024
Tupperware Brands has filed for Chapter 11 bankruptcy protection
September 18, 2024
Any bank merger in Germany must create a competitive institution robust enough to support economic growth, Bundesbank chief Joachim Nagel said on Wednesday, just as UniCredit is
September 18, 2024
Rogers Communications said it would buy Bell's stake in Maple Leaf Sports & Entertainment for C$4.7 billion ($3.46 billion) to become the majority owner of
September 18, 2024
Wealthy families are seeking out risky assets and reducing cash holdings as they turn more bullish about the investment outlook, according to a Citigroup survey
September 18, 2024
Financial investor CVC is urging German state railway conglomerate Deutsche Bahn to reconsider its $16-billion sale of logistics arm Schenker to Denmark's DSV, a letter
September 18, 2024
The largest banks in Britain are paying below-average interest rates for some savings accounts and face regulatory action if they fail to offer better value, the Financial Conduct
September 18, 2024
Plans for two new nickel trading platforms to challenge the London Metal Exchange (LME) have been blown off course by BHP's planned suspension of
September 18, 2024
Euro zone inflation is still not as low as the European Central Bank would like, so interest rates need to remain sufficiently high to resolve price pressures, Bundesbank
September 18, 2024
European Union sanctions could target financial institutions that underpin battlefield product flows to Russia as well as the supply of products made in southeast
September 18, 2024
This bank says ‘millions’ of people could be targeted by AI voice-cloning scams
September 18, 2024
‘The party is over’ as Tupperware files for bankruptcy after years of troubles
September 18, 2024
Harris campaign reports spending nearly three times as much as Trump in August
New Zealand pilot Phillip Mehrtens freed from captivity in Indonesia's Papua
Sri Lanka has more women voters than men but no female presidential candidates
Israel-Hamas war latest: Israel claims death of Hezbollah commander as Beirut toll rises
Biden is putting personal touch on Asia-Pacific diplomacy in his final months in office
AI is helping shape the 2024 presidential race. But not in the way experts feared
Japan's Icom: highly unlikely wireless devices that exploded in Lebanon are our products
The Midwest could offer fall’s most electric foliage but leaf peepers elsewhere won’t miss out
Phillies clinch 3rd straight playoff berth and close in on NL East title
Wojnarowski one of the first significant sports 'insiders' to step away from the spotlight