MoneyBill Ackman Wants Your Money. Should You Buy Pershing Square USA?June 7, 2024131Bill Ackman is one of the world’s highest-profile investors—and he’s coming for your money. Ackman, 58, is seeking to capitalize on...
BankingEurope Central Bank jumps ahead of the Fed in lowering rates. But future cuts may be limitedJune 6, 202482FRANKFURT, Germany (AP) — The European Central Bank cut its key interest rate Thursday by a quarter-point, moving ahead of...
FinanceDetailed AI rules not on the cards for now, says UK financial watchdogJune 5, 202495By Huw Jones and Iain WithersLONDON (Reuters) - Britain's Financial Conduct Authority (FCA) said on Wednesday there would be no...
BankingInflation ticked up in Europe in May. That likely won’t stop a central bank rate cut next weekMay 31, 202476FRANKFURT, Germany (AP) — Inflation ticked up to an annual 2.6% in Europe in May, according to official figures on...
FinanceJio Financial unit to buy $4.32B of telecom gear from Reliance RetailMay 24, 2024102Jio Leasing Services Ltd (JLSL), a subsidiary of Jio Financial Services, plans to buy customer premises equipment, devices and telecom...
BankingAbrupt shutdown of financial middleman Synapse has frozen thousands of Americans’ depositsMay 22, 2024106The bank accounts of tens of thousands of U.S. businesses and consumers have been frozen in the aftermath of the...
MortgagesOklahoma Residents Get the 5th Worst Mortgage Rates in the U.S. | NewsMay 21, 202498As the cost of homeownership continues to grow out of reach for many Americans, mortgage interest rates have become a...
BankingHSBC UK launches new savings productMay 15, 2024105HSBC UK has announced the launch of a new savings product, aiming to optimise the manner in which customers and...
BankingBritain’s next financial crash is coming. This time it won’t be the banks. – POLITICOMay 10, 2024114Plus, the Bank is undertaking a stress test to probe how nonbanks would react to extreme potential stress in the...
BankingBank of England edges closer to rate cut, possibly in June, as it predicts below-target inflationMay 9, 202497LONDON (AP) — The Bank of England maintained its key U.K. interest rate at a 16-year high of 5.25% though...