Financial Services

Stocks edge higher; S&P 500 heads for another week of gains

Sep 20, 2019

U.S. stocks edged higher in early trading as investors pushed the market toward another week of gains

Japan central bank stands pat after Fed rate cut

Sep 19, 2019

Japan's central bank has opted to keep its monetary policy unchanged despite growing signs of trouble that prompted the Federal Reserve to cut its benchmark rate

UK blocks aerospace takeover by US investor over security

Sep 18, 2019

The British government is intervening in the takeover of a U.K. aerospace company by a U.S. private equity firm to assess whether it affects national security

PG&E reaches $11B deal with California wildfire insurers

Sep 13, 2019

A group of insurance companies representing claims from 2017 and 2018 Northern California wildfires reached an $11 billion settlement with Pacific Gas & Electric

The Latest: Victims' attorney: PG&E $11B settlement positive

Sep 13, 2019

An attorney representing hundreds of California wildfire victims says Pacific Gas & Electric agreeing to pay $11 billion in a settlement with a group of insurance companies is a step in the right direction

Senate approves Trump nominee Bowman for Federal Reserve

Sep 12, 2019

Senate approves Trump nominee Bowman for Fed board seat

The Fed and ECB aim to avoid downturns but with limited ammo

Sep 12, 2019

Fed and European Central Bank fight against slowing global growth with limited ammo

Officials spar with senators over plan for mortgage giants

Sep 10, 2019

Trump administration officials are defending their plan to Congress for ending government control of mortgage finance giants Fannie Mae and Freddie Mac, clashing with Democratic senators on whether the change would raise home borrowing costs

Asian shares mixed as investors look ahead to rate decisions

Sep 10, 2019

Asian shares are mixed after a day of listless trading on Wall Street as investors awaited signs on global interest rates

US stocks edge higher following mixed jobs report

Sep 6, 2019

Stocks edged higher on Wall Street in midday trading Friday as investors weighed new data showing U.S. employers added fewer than expected jobs in August even as the unemployment rate remained near the lowest level in five decades

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