Fed seen nearly as likely to cut rates by 50 bps as 25 bps
The Federal Reserve is nearly as likely to deliver an outsized interest-rate cut next week as a more-usual-sized reduction, trading in rate-futures
September 13, 2024The Federal Reserve is nearly as likely to deliver an outsized interest-rate cut next week as a more-usual-sized reduction, trading in rate-futures
September 13, 2024Investors are piling into exchange traded funds focused on companies that are reviving or expanding production in the U.S. and taking advantage of government subsidies.
September 13, 2024Mortgage rates haven’t been this attractive in more than a year, good news for homeowners eager to refinance
September 13, 2024The National Bank of Poland said on Friday it had informed prosecutors of the possibility that the speaker of parliament and the head of a parliamentary committee may have committed
September 13, 2024In a $115 million settlement, while admitting no wrongdoing, tech behemoth Oracle has agreed to settle a class action lawsuit over allegations it tracked consumer activity both on and offline
September 13, 2024U.S. consumer sentiment rose to a four-month high in September amid expectations that inflation will continue moderating over the next year and household
September 13, 2024Chinese regulators on Friday hit PwC's auditing unit in mainland China with a six-month business suspension and a record fine of 441 million yuan ($62 million) over the
September 13, 2024Wells Fargo's latest regulatory rebuke for insufficient efforts to combat money laundering will probably prolong another ongoing major regulatory punishment
September 13, 2024The most well-known recession indicator stopped flashing red, but now another one is going off
September 13, 2024Russia’s central bank has raised its key interest rate by a full percentage point to 19% to combat high inflation as government spending on the military strains the economy’s capacity to produce goods and services and drives up workers’ wages
September 13, 2024U.S. consumers' late payments on credit cards and other loans are starting to level off in recent months after rising earlier in the year, bankers and industry
September 13, 2024Wall Street's main indexes closed higher on Friday as investors honed in on the chance of a bigger interest rate cut by the Federal Reserve next week,
September 13, 2024The Biden administration on Friday locked in steep tariff hikes on Chinese imports, including a 100% duty on electric vehicles, to boost protections for strategic industries
September 13, 2024Chinese regulators hit PwC's mainland China unit with a six-month suspension and a record fine of 441 million yuan ($62 million) on Friday over the firm's
September 13, 2024German government officials and UniCredit bankers have held talks after the Italian lender's purchase of a 9% stake in Commerzbank, a German government source said on Friday.
September 13, 2024South African politician Pravin Gordhan, who served as finance minister twice, overhauled the tax service and waged a battle against corruption under a former
September 13, 2024The head of Germany's central bank said on Friday that authorities would take a "very close look" at UniCredit's overtures to potentially buy Germany's Commerzbank, a sign that any
September 13, 2024The European Central Bank's two biggest shareholders expressed confidence on Friday about the prospect for lower inflation and interest rates in the euro zone.
September 13, 2024Chinese authorities have banned the accounting firm PwC for six months and fined it over $56 million for its involvement in the audit of collapsed local property developer Evergrande
September 13, 2024Japanese retail giant Seven & i Holdings has been classified as "core" to national security, according to an updated finance ministry list released on Friday.
September 13, 2024Don't go anywhere: an event-packed week is coming up with central banks from the United States to Brazil and from Europe to Japan meeting.
September 13, 2024Blue-collar workers from Boeing are walking picket lines in the Pacific Northwest instead of building airplanes after overwhelmingly rejecting a proposed contract that would have raised their wages by 25% over four years
September 13, 2024A team of staff from the International Monetary Fund is visiting Kenya on a fact-finding trip, the IMF said late on Thursday, part of efforts to craft a way forward in the wake of
September 13, 2024Vodafone's $19 billion merger with Three UK could push up bills for millions of mobile customers and impact providers like Sky Mobile by reducing the number of
September 13, 2024European stocks rounded off the week on a positive note, supported by technology, real estate and mining shares, while investors shifted their focus to the U.S.
September 13, 2024