Financial Services

Trump to halt subsidies to health insurers

Oct 13, 2017

President Donald Trump plans to halt payments to insurers under the Obama-era health care law that he has been trying to unravel for months

White House says it cannot lawfully pay subsidies to health insurance companies under President Obama's health care law

Oct 13, 2017

White House says it cannot lawfully pay subsidies to health insurance companies under President Obama's health care law

In JP Morgan's 3Q, consumer banking offsets drop in trading

Oct 12, 2017

JPMorgan Chase beats 3Q profit expectations, helped by consumer banking division

Mnuchin: Trump hopes to announce Fed chair within a month

Oct 12, 2017

Mnuchin says Trump hopes to announce Fed pick in next month but no deadline set

IMF head Lagarde warns of rising risks to global economy

Oct 12, 2017

IMF chief Lagarde urges finance officials to address rising threats to global economy

Investment banking gains drives Citi's quarterly results

Oct 12, 2017

Citigroup beats 3Q profit and revenue expectations, helped by firm's investment banking division

HSBC appoints new CEO to replace retiring Stuart Gulliver

Oct 12, 2017

HSBC says John Flint will be its new chief executive, replacing the retiring Stuart Gulliver

Fed debated mystery of persistently low inflation

Oct 11, 2017

Federal Reserve minutes: Officials debated mystery of low inflation, with group divided over timing for hikes

World stocks mixed as momentum fades after Wall St record

Oct 11, 2017

World stocks mixed ahead of the release of the latest Fed meeting minutes, Chinese communist party meeting next week

AP FACT CHECK: Don't cry for Henry Kissinger

Oct 11, 2017

AP FACT CHECK: Don't cry for Henry Kissinger. Trump stretched to make a point about 'Obamacare' when he professed concern about the foreign policy maven's insurance bills