MortgagesFed likely to raise rates by a quarter point but it must also reassure markets on banking systemMarch 21, 202353The Federal Reserve is expected to increase interest rates by a quarter point Wednesday, even with concerns about stress in...
BankingUBS rescue of Credit Suisse doesn’t resolve the U.S. banking crisisMarch 20, 202370The Swiss government gets an "A" for its speed in addressing the Credit Suisse problem, but it doesn't resolve the...
BankingEurope’s banks suffer worst day in 9 months after sharp sell-off in U.S. banksMarch 10, 202374European bank shares tumbled on March 10 in the wake of a dramatic sell-off in U.S. lenders as concern spread...
CryptocurrencyU.S. should ban cryptocurrencies, says Berkshire’s MungerFebruary 2, 202372Berkshire Hathaway Vice Chairman Charlie Munger urged the U.S. government to ban cryptocurrencies, as China has done."A cryptocurrency is not a currency,...
Stock MarketS&P 500 slides as traders brace for a busy week of earnings, Fed rate decisionJanuary 30, 202358Dow falls to session lows during afternoon tradingThe Dow Jones Industrial Average fell to session lows during afternoon trading after...
InvestingEurope markets open to close: Seeking rebound from sell-offJanuary 20, 202376European markets climbed slightly on Friday as traders see a partial recovery from Thursday's selloff, with the outlook for monetary...
BankingDow falls 300 points, weighed down by Goldman Sachs sharesJanuary 17, 202357Traders work on the floor of the New York Stock Exchange during morning trading on January 17, 2023 in New...
BankingJPMorgan Chase (JPM) earnings 4Q 2022January 13, 202374Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., speaks during the Institute of International Finance (IIF)...
Stock MarketDow closes 260 points higher, Nasdaq notches fourth day of gains ahead of key inflation reportJanuary 11, 202377Stocks rose Wednesday as investors grew increasingly confident Thursday's consumer price index will show cooling inflation and signal to the...
CurrenciesKey euro zone inflation data in focusJanuary 6, 202397LONDON — European markets were cautious on Friday morning ahead of key inflation data for the euro zone, which is...