What the Fed’s fourth 0.75 percentage point rate hikes means for you
The Federal Reserve raised the target federal funds rate by 0.75 percentage point for the fourth time in a row on...
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Wells Fargo mortgage staff brace for layoffs as U.S. loan volumes collapse
Mortgage volumes at Wells Fargo slowed further in recent weeks, leaving some workers idle and sparking concerns the lender will...
European markets open to close, earnings, data and news
U.S. stocks open higherU.S. stocks opened higher Thursday after the economy grew at a faster-than-expected pace in the third quarter.The...
How Federal Reserve interest rate hikes impact your borrowing costs
From credit cards to mortgages, it's suddenly a lot more expensive to borrow money.The Federal Reserve has raised its benchmark short-term rate...
Investors watch earnings, monetary policy
European markets closed higher on Tuesday as investors assessed the outlook for monetary policy from the U.S. Federal Reserve and...
Europe markets up 1.6% with utilities leading gains; Rishi Sunak to be new UK PM
Prosus sinks 14% on China growth concernsEducation group Pearson up 8% after 'outstanding' English language learning growthShares of Pearson were...
U.S. jury finds Credit Suisse did not rig forex market
Workers pass a Credit Suisse Group AG bank branch in Geneva, Switzerland, on Thursday, Sept. 1, 2022.Jose Cendon | Bloomberg...
European markets higher after UK fiscal U-turns; EU energy announcement
The U.K.'s new Finance Minister Jeremy Hunt made big fiscal announcements Monday.House of Commons - PA Images / Contributor /...
Bank of America CEO Brian Moynihan says the U.S. consumer is healthy
Consumers are financially resilient, despite high inflation and concerns the U.S. is nearing a recession, according to Bank of America...
Bank of America (BAC) Q3 2022 earnings beat
Bank Of America CEO Brian Moynihan is interviewed by Jack Otter during "Barron's Roundtable" at Fox Business Network Studios on...
