Financial Crisis
Global stocks lower after US falls on recession fear
Aug 15, 2019
Global stock markets mostly lower after Wall Street falls on recession fears
Treasury yields invert, warning of possible recession
Aug 14, 2019
An economic alarm bell sounds in the U.S., sending warnings of a potential recession
Stocks slide as rate cuts stoke fear of an economic slowdown
Aug 7, 2019
U.S. stocks slide as central banks around the world cut rates and stoke fear that the U.S.-China trade war will damage global economic growth.
Powell Fed raises as many questions as answers with rate cut
Aug 1, 2019
Fed cuts its key short-term rate in its first such move in more than decade
Global shares mixed as markets await US Fed rate decision
Jul 31, 2019
Global shares are mostly lower as investors looked cautiously ahead to U.S. Federal Reserve decision
German court upholds EU-level banking watchdog
Jul 30, 2019
Germany's constitutional court has upheld a new system of bank supervision at the European level aimed at preventing financial crises and expensive taxpayer bailouts
Puerto Rico's governor to quit Aug. 2 in face of protests
Jul 25, 2019
Puerto Rico Gov. Ricardo Rosselló has announced he will resign Aug. 2, conceding power after nearly two weeks of furious protests and political upheaval touched off by a leak of crude and insulting chat messages between him and his top advisers
Powell signals that rate cut could be coming soon
Jul 10, 2019
Chairman Powell sends strong signal Fed is prepared to cut interest rates to deal with rising uncertainties
Former Argentine President De la Rua dies at 81
Jul 9, 2019
Former Argentine President Fernando De la Rúa, who attracted voters with his image as an honest statesman and later left the country plunged into its worst economic crisis, has died at age 81
Greece: Extreme right party seeks recount after poll flop
Jul 8, 2019
Greece's extreme right Golden Dawn party says it will challenge an election result that saw it knocked out of Parliament, after a decline in support for the neo-Nazi-linked party that rose to third place at the height of the country's financial crisis
The Budget Report seeks to provide comprehensive coverage and analysis on the current economic, financial issues around the world. First hand finance and economic news all day, every day.