Financial Services

Trump: It's up to Cain to move ahead with Fed nomination

Apr 10, 2019

Trump: It's up to Cain to move forward with Fed board nomination

US consumer prices rose 0.4% in March on higher gas costs

Apr 10, 2019

US consumer prices climbed 0.4% in March on higher costs for gasoline, electricity and shelter

Europe hurt by US trade threats, central bank says

Apr 10, 2019

The head of the European Central Bank says that global trade conflicts, including U.S. threats to put tariffs on imports, are holding back the eurozone economy

The Latest: Trade disputes holding back European economy

Apr 10, 2019

European Central Bank President Mario Draghi says that "global headwinds" from trade conflicts are still holding back the eurozone economy even as rising wages continue to help

European Central Bank keeps interest rates at record lows amid economic risks from Brexit, trade conflicts

Apr 10, 2019

European Central Bank keeps interest rates at record lows amid economic risks from Brexit, trade conflicts

Global shares turn higher on Brexit delay hopes

Apr 10, 2019

Shares have turned higher in European trading on optimism that EU leaders could grant the United Kingdom another extension for its departure from the bloc

CEOs of 7 big banks to appear in front of Congress

Apr 9, 2019

Heads of largest banks to testify in front of Congress on Wednesday, a hearing expected to produce political fireworks, but few policy changes

Bank of America raising hourly minimum wage to $20

Apr 9, 2019

Bank of America ups minimum wage to $20 an hour over a two-year period, starting with a hike next month

Ex-GOP congressman partnered with KGB agent in Russian bank

Apr 9, 2019

A former North Carolina congressman says he had begun selling shares in a Russian bank before it was stripped of its license

IMF forecast: Global growth will weaken this year to 3.3%

Apr 9, 2019

IMF cuts outlook for world economic growth this year to 3.3%, citing worsened trade frictions

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