Financial Services

Stock market today: Asian stocks mixed after tech shares pull Wall Street lower
Feb 21, 2024

Stock market today: Asian stocks mixed after tech shares pull Wall Street lower

Asian stocks were mixed after technology shares led Wall Street broadly lower, with investors waiting for chipmaker Nvidia’s quarterly earnings report later in the day


Stock market today: More weakness in technology companies pulls Wall Street lower
Feb 21, 2024

Stock market today: More weakness in technology companies pulls Wall Street lower

Stocks are lower on Wall Street as weakness in technology companies continues to drag on the market


Americans' reliance on credit cards is the key to Capital One's bid for Discover
Feb 20, 2024

Americans' reliance on credit cards is the key to Capital One's bid for Discover

Americans have become increasingly reliant on their credit cards since the pandemic


Investment firm Arkhouse nominates slate of directors for Macy's board as takeover talks stall
Feb 20, 2024

Investment firm Arkhouse nominates slate of directors for Macy's board as takeover talks stall

Arkhouse Management is nominating nine people for Macy’s board of directors, igniting a proxy battle after the department store operator rejected a $5.8 billion takeover offer from the investment firm and Brigade Capital Management


Stock market today: Global shares trade mixed after Wall Street was closed for a holiday
Feb 20, 2024

Stock market today: Global shares trade mixed after Wall Street was closed for a holiday

Global shares are trading mixed on the second day Chinese markets are open after the Lunar New Year break


Stock market today: Wall Street starts holiday-shortened week on a down note
Feb 20, 2024

Stock market today: Wall Street starts holiday-shortened week on a down note

Stocks are off to a weak start at the beginning of a holiday-shortened week


China cuts key interest rate in latest move to boost its ailing property sector
Feb 20, 2024

China cuts key interest rate in latest move to boost its ailing property sector

China's central bank has cut its five-year loan prime rate while leaving its one-year rate unchanged


Capital One to buy Discover for $35 billion in deal that combines major US credit card companies
Feb 20, 2024

Capital One to buy Discover for $35 billion in deal that combines major US credit card companies

Capital One Financial is buying Discover Financial Services for $35 billion, in a deal that would bring together two of the nation’s biggest lenders and credit card issuers


Virginia bank delays plans to auction land at resort owned by West Virginia governor's family
Feb 19, 2024

Virginia bank delays plans to auction land at resort owned by West Virginia governor's family

A Virginia bank says it will delay plans to auction off land at West Virginia Gov. Jim Justice’s posh resort in an attempt to recover more than $300 million on defaulted business loans by the governor’s family


Stock market today: Asian shares trade mixed after Wall Street was closed for a holiday
Feb 19, 2024

Stock market today: Asian shares trade mixed after Wall Street was closed for a holiday

Asian shares are trading mixed a day after Chinese markets reopened from a long Lunar New Year holiday



The Budget Report

Delivers the latest news of various finance and economic status in the ever-changing world economy to make sure everyone is up-to-date with the current trends.