Top U.S. asset manager Vanguard favors high-rated corporate debt over riskier high-yield companies' bonds as it seeks protection against the possibility a
July 19, 2024
U.S. banks have boosted their provisions for credit losses as deteriorating commercial real estate (CRE) loans and high interest rates fuel
July 19, 2024
The Bank of Canada will cut its overnight interest rate on Wednesday by 25 basis points to 4.50% amid expectations that inflation will continue to fall,
July 19, 2024
The Treasury Department is warning that state laws that restrict banks from considering environmental, social and governance factors could harm efforts to address money laundering and terrorism financing
July 19, 2024
Global equity funds attracted inflows for a fourth successive week in the seven days to July 17, spurred by expectations of a Federal Reserve rate cut after recent data showed cooling
July 19, 2024
The European Commission said on Friday it would provide the Palestinian Authority with 400 million euros ($435.5 million) in emergency financial support in the coming two months amid
July 19, 2024
Research shows that companies led by CEOs over 65 tend to underperform in the stock market.
July 19, 2024
Several U.S. mid-sized and regional banks reported a fall in their second-quarter profit, as income from charging customers interest was squeezed by higher deposit costs and
July 19, 2024
Regions Financial reported a 14% fall in its second-quarter profit on Friday, as the lender earned less from customers' interest payments.
July 19, 2024
There is rarely a dull moment in markets and the week to come will be no exception, with make-or-break U.S. inflation data and tough questions over international financing for Ukraine - all
July 19, 2024
Pakistan will focus on meeting its external financing needs by speaking with foreign governments and lenders to draw foreign investment as well as seeking loan
July 19, 2024
Asia's foreign reserves have dropped this year as central banks have intervened to support their currencies, with Japan, Indonesia and South
July 19, 2024
Oilfield services firm Halliburton reported a rise in quarterly profit on Friday, helped by stable demand from international customers for its drilling equipment and services.
July 19, 2024
American Express said Friday second-quarter profits jumped 39% as the credit card company benefitted again from a broad increase in cardmember spending as well as more of its customers carrying a balance
July 19, 2024
American Express's second-quarter revenue jumped 9% to a record $16.33 billion on the back of robust spending from its wealthy customers but still fell short of
July 19, 2024
U.S. stocks slumped following another washout
July 19, 2024
U.S. stocks extended their slump on Friday as lingering chaos related to a global technical outage caused by a software glitch added uncertainty to an already-
July 19, 2024
Capital One CEO Richard Fairbank and other executives went head-to-head with critics of its Discover Financial Services deal at a public
July 19, 2024
The Federal Court of Australia fined a local unit of American Express (AmEx) A$8 million ($5.36 million) for breaching design and distribution rules for two of its co-branded credit cards,
July 19, 2024
Trading returned to normal on Friday after a global technology outage hampered operations at financial firms from London to Singapore and New York, although a few residual
July 19, 2024
The Indian central bank's target is to bring down inflation to 4% and though it looks at the real and neutral rates in the economy, those cannot be
July 19, 2024
London stocks finished the week lower amid a global cyber outage on Friday as investors assessed a fall in domestic retail sales in June, while
July 19, 2024
Thailand is planning to introduce a new financial business law to attract foreign funds and facilitate investment in the sector, a deputy finance minister said on Friday.
July 19, 2024
European shares clocked weekly losses as a selloff in technology shares, some downbeat earnings along with falling commodity-linked
July 19, 2024
China is expected to leave benchmark lending rates unchanged on Monday, while more market participants project further monetary easing to aid the economy following
July 19, 2024
Liechtenstein votes to join IMF in referendum
TSMC and Samsung discuss building middle eastern megafactories, WSJ reports
Musk says SpaceX plans to launch about five uncrewed Starships to Mars in two years
Zelenskiy arrives in New York for UN meetings, Ukrinform says
French PM Barnier flags tax hike on the wealthy
Modi rallies Indian Americans, lauds diaspora ahead of US election
Boston's Triston Casas hits 3 home runs in 1st 3 at-bats vs Twins
An estimated 180,000 motorcyclists converge at Portuguese shrine to have their helmets blessed.
Scherzer going into free agency at 40 off most frustrating season and expects to pitch healthy again