Financial Services

Judge skeptical of need to reinstate Trump health care cuts

Oct 24, 2017

An attorney for California was grilled by a federal judge skeptical of a push by 18 states to immediately reinstate "Obamacare" subsidies cut off by the Trump administration

Yellen says Fed's extraordinary policies may be needed again

Oct 20, 2017

Federal Reserve Chair Janet Yellen defends the central bank's extraordinary efforts to fight the Great Recession and says they might be needed again

Top Dems nix White House demands to alter health care deal

Oct 20, 2017

Top Senate Democrats are rejecting White House demands to change the bipartisan compromise aimed at steadying unsettled insurance markets

Wells Fargo: 4 currency executives no longer work at bank

Oct 20, 2017

Three high-level foreign exchange executives and a currency trader have left Wells Fargo, bank won't say if they were fired

Markets Right Now: Banks, technology lead gains for stocks

Oct 20, 2017

Stocks are closing higher on Wall Street, led by gains in technology companies and banks.

Spanish PM to unveil measures to fight Catalan separatists

Oct 20, 2017

Spain's prime minister says that his government is preparing to unveil specific measures agreed with opposition parties to halt Catalonia's independence bid

Uninsured rate up to 12.3 percent amid "Obamacare" turmoil

Oct 20, 2017

Gallup-Sharecare survey: Uninsured rate rises to about 12.3 percent of US adults amid "Obamacare" turmoil

Hurricanes, earthquakes estimated to cost insurers $95B

Oct 20, 2017

Swiss Re, one of the world's biggest reinsurers, estimates that Hurricanes Harvey, Irma and Maria, two recent earthquakes in Mexico will cost the industry about $95 billion

Europe's easy money taps to be tightened _ very slightly

Oct 20, 2017

The economy in the 19 countries that use the shared euro currency is growing ever stronger, and it's time for the European Central Bank to start telling the public how it will phase out its extraordinary stimulus measures

End of an era as Hong Kong stock trading floor set to close

Oct 20, 2017

End of an era for Hong Kong's last remaining stock market floor traders as exchange prepares to shut its trading hall, joining other world exchanges in going fully automated