Today: September 20, 2024
Today: September 20, 2024

Finance

Education|Finance|News

US judge temporarily blocks new Biden student debt relief plan

A U.S. judge on Thursday temporarily blocked President Joe Biden's administration from implementing its latest student debt forgiveness plan, just days after seven

US judge temporarily blocks new Biden student debt relief plan
Economy|Finance

Cash could stay attractive for months despite rate cuts, JP Morgan says

Looming interest rate cuts may not immediately spur a rush out of cash-like instruments, as yields on some shorter-dated government bonds could take months to

Cash could stay attractive for months despite rate cuts, JP Morgan says
Business|Economy|Finance|News

US charges Russian TV contributor Dimitri Simes with sanctions violations

The U.S.

US charges Russian TV contributor Dimitri Simes with sanctions violations
Business|Economy|Finance

Brazil's central bank sees stronger growth, higher FX since latest policy meeting

Brazil's central bank's director of economic policy said on Thursday that since their latest interest rate-setting meeting, policymakers have observed stronger economic growth in

Brazil's central bank sees stronger growth, higher FX since latest policy meeting
Business|Finance|Stock Markets

CBOE partners with UK firm to launch U.S. private share trading platform, Bloomberg News reports

Derivatives exchange operator CBOE is partnering with a London-based tech firm, Globacap, to create a U.S. trading platform for shares of closely held companies, Bloomberg News reported on

CBOE partners with UK firm to launch U.S. private share trading platform, Bloomberg News reports
Economy|Finance

Central American development bank sues ex-president in US, claiming extortion, abuse of power

The Central American Bank for Economic Integration said on Thursday it filed a lawsuit against its former president in U.S. district court that accuses him of attempted extortion and

Central American development bank sues ex-president in US, claiming extortion, abuse of power
Business|Finance

OPEC+ agrees to delay October oil output hike for two months

OPEC+ has agreed to delay a planned oil output increase for October and November, the producers group said on Thursday after crude

OPEC+ agrees to delay October oil output hike for two months
Business|Crime|Finance

Short seller Andrew Left's fraud trial moved to September 2025

Prominent activist short seller Andrew Left will face trial in September 2025 over allegations he committed fraud, after his lawyers and U.S. prosecutors agreed to push back the

Short seller Andrew Left's fraud trial moved to September 2025
Business|Finance

Fitch shifts outlook on global reinsurers to neutral

Fitch has changed its outlook on global reinsurers to neutral from improving, adding on Thursday it expected the sector to remain strong but that prices had probably

Fitch shifts outlook on global reinsurers to neutral
Business|Economy|Finance|Stock Markets

Why investors are on edge ahead of Friday’s jobs report

Why investors are on edge ahead of Friday’s jobs report

Why investors are on edge ahead of Friday’s jobs report
Business|Economy|Finance|News

US bank profits jump but watchdog warns of stress

The U.S. banking industry recorded higher profits in the second quarter of 2024, but the Federal Deposit Insurance Corporation on Thursday identified several

US bank profits jump but watchdog warns of stress
Business|Finance

Applied Digital surges 65% on funding deal with investors, including Nvidia

Applied Digital shares soared nearly 65% to hit their highest level in more than a month on Thursday, after the data center operator said it would receive $160 million in financing from a

Applied Digital surges 65% on funding deal with investors, including Nvidia
Africa|Economy|Finance|News|World

China is not pushing Africa into debt trap, South African president says

South African President Cyril Ramaphosa said on Thursday that he did not believe Chinese investments in Africa were pushing the continent into a "debt trap" but were

China is not pushing Africa into debt trap, South African president says
Business|Entertainment|Finance|Lifestyle|News|Stock Markets

Cable news channel Newsmax confidentially files for US IPO

Conservative U.S. cable news channel Newsmax said on Thursday it had confidentially filed for an initial public offering in the United States. Expected rate cuts by the U.S.

Cable news channel Newsmax confidentially files for US IPO
Africa|Economy|Finance

World Bank, French Development Agency give Uganda aid of over $600 million

The World Bank and French Development Agency (AFD) have given Uganda more than $600 million to fund infrastructure development and manage waste in the capital Kampala, the

World Bank, French Development Agency give Uganda aid of over $600 million
Business|Finance|News

Venezuela's oil exports climb to four-year high in August

Venezuela's August oil exports hit their highest in more than four years, according to shipping data, fueled by expanded shipments

Venezuela's oil exports climb to four-year high in August
Crime|Economy|Finance|News

Lebanese justice ministry accuses former central bank chief of financial crimes

Lebanon's justice ministry formally accused former central bank governor Riad Salameh of financial crimes on Thursday, the state news agency and judicial sources said, echoing

Lebanese justice ministry accuses former central bank chief of financial crimes
Business|Finance

Blackstone seeks A$5.5 billion loan for AirTrunk acquisition, sources say

A Blackstone-led consortium is taking out an around $A5.5 billion ($3.7 billion) loan package to help fund the A$24 billion AirTrunk

Blackstone seeks A$5.5 billion loan for AirTrunk acquisition, sources say
Business|Economy|Finance|News

US second-quarter productivity revised higher

U.S. worker productivity grew faster than initially thought in the second quarter, reining in labor costs, suggesting that inflation pressures could continue to subside.

US second-quarter productivity revised higher
Economy|Finance|News

US labor market stays afloat as unemployment rate falls to 4.2%

U.S. employment increased less than expected in August, but a drop in the jobless rate to 4.2% suggested the labor market was not falling off the cliff to

US labor market stays afloat as unemployment rate falls to 4.2%
Business|Finance|Technology

BNY to buy Archer to boost managed account services in asset, wealth managers

BNY has agreed to buy Archer, a technology and operations provider that will help the U.S. bank expand its services to asset and wealth managers, the companies said on Thursday.

BNY to buy Archer to boost managed account services in asset, wealth managers
Economy|Finance

Major Russian lenders say yuan coffers empty, urge central bank action

Major Russian banks have called on the central bank to take action to counter a yuan liquidity deficit, which has led to the rouble tumbling to its lowest level

Major Russian lenders say yuan coffers empty, urge central bank action
Business|Economy|Election|Finance

Trump says he will tap Musk to lead government efficiency commission if elected

Republican presidential candidate Donald Trump said on Thursday he would establish a government efficiency commission headed by billionaire

Trump says he will tap Musk to lead government efficiency commission if elected
Business|Economy|Europe|Finance

Global gold ETFs saw fourth month of inflows in August, says WGC

Global physically backed gold exchange traded funds (ETFs) saw the fourth consecutive month of inflows in August due to additions to holdings by North America- and Europe-listed

Global gold ETFs saw fourth month of inflows in August, says WGC
Business|Finance|Technology

PayPal pushes into in-person payments with cashback rewards, Apple integration

PayPal is expanding into U.S. point-of-sale payments by integrating its debit card with Apple's mobile wallet and offering 5% cashback rewards, as the global online payments

PayPal pushes into in-person payments with cashback rewards, Apple integration

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