Financial services

Bank of England cuts UK interest rates again despite modest budget-related inflation spike

LONDON -- The Bank of England cut its main interest rate by a quarter of a percentage point to 4.75%…

2 weeks ago

Sweden cuts its key rate by 0.5 percentage points to 2.75%, the largest reduction in over a decade

STOCKHOLM -- Sweden’s central bank on Thursday cut its key interest rate by half a percentage point to 2.75% in…

2 weeks ago

Stock market today: Wall Street ticks higher ahead of the Fed’s decision on interest rates

2024-11-07 21:00:03 NEW YORK -- U.S. stocks are ticking higher Thursday, ahead of the Federal Reserve’s announcement coming in the…

2 weeks ago

A courtroom of relief: FBI recovers funds for victims of scammed banker

WICHITA, KANSAS -- Sobs of relief broke out in a federal courtroom in Kansas on Monday as dozens of people…

2 weeks ago

A key manufacturing index in China turned positive in October after months of contraction

BEIJING -- A closely watched survey on manufacturing in China has edged into positive territory after months of contraction, the…

3 weeks ago

Russia’s central bank raises interest rate to 21% to fight inflation boosted by military spending

MOSCOW -- Russia’s central bank on Friday raised its key interest rate by two percentage points to a record-high 21%…

3 weeks ago

Russian central bank hikes interest rate to record-high 21%, to fight inflation fueled by military spending

Russian central bank hikes interest rate to record-high 21%, to fight inflation fueled by military spending

4 weeks ago

Diplomatic tensions will not disrupt India-Canada trade: Commerce secretary Barthwal

New Delhi: Ongoing diplomatic tensions between India and Canada are not expected to impact trade because it is primarily conducted…

1 month ago

China announces more support for economy but holds back on major spending package

HONG KONG -- China’s economic planning agency outlined details of measures aimed at boosting the economy on Tuesday but refrained…

1 month ago

Japan’s central bank survey underpins optimism about growth

TOKYO -- Business sentiment among Japan’s large manufacturers stood unchanged in the latest quarter from the previous quarter, according to…

2 months ago

China redoubles first-aid for its economy with support for banks and workers

China is redoubling its first-aid for its economy, targeting banks, workers and poor families as the ruling Communist Party prepares…

2 months ago

China's central bank reduces required reserves for lenders, part of a slew of moves to support the slowing economy

China's central bank reduces required reserves for lenders, part of a slew of moves to support the slowing economy

2 months ago

Bank of England widely expected to hold interest rates despite big US Fed cut

LONDON -- The Bank of England kept its main interest rate unchanged at 5% Thursday despite a big cut from…

2 months ago

Russian central bank hikes interest rates by 1 percentage point to 19% to fight inflation fueled by military spending

Russian central bank hikes interest rates by 1 percentage point to 19% to fight inflation fueled by military spending

2 months ago

Behind the nonprofit helping a diverse new generation of culinary professionals heat up New York

NEW YORK -- A side of beef bigger than a classroom desktop sat before high school students huddled around a…

3 months ago

Inflation in the 20 EU countries that use the euro falls to 2.2%, opening way for a central bank rate cut in September

Inflation in the 20 EU countries that use the euro falls to 2.2%, opening way for a central bank rate…

3 months ago

Union rep says West Virginia governor late on paying worker health insurance bills, despite denials

CHARLESTON, W.Va. -- West Virginia Gov. Jim Justice's family is millions of dollars behind on payments to employees' health insurance…

3 months ago

Confused investors are a sign of a developing economy

The Indian government has a target of turning India into a developed economy by 2047. From a generational point of…

3 months ago

Federal court strikes down Missouri investment rule targeted at `woke politics’

JEFFERSON CITY, Mo. -- A federal judge has struck down Missouri investment regulations that Republican Secretary of State Jay Ashcroft…

3 months ago

Japan’s Nikkei 225 stock index sinks 12.4% as investors dump a wide range of shares

2024-08-05 23:50:01 TOKYO -- Japan’s Nikkei 225 stock index plunged more than 12% on Monday as investors worried that the…

4 months ago