Financial Services

Global shares mixed amid inflation, oil price worries
Nov 24, 2021

Global shares mixed amid inflation, oil price worries

Global shares are mixed as worries about inflation set off expectations the U.S. Federal Reserve might accelerate its plans to raise interest rates


Asia stock markets decline amid inflation, oil price worries
Nov 24, 2021

Asia stock markets decline amid inflation, oil price worries

Asian shares are mostly lower as worries about inflation set off expectations the U.S. Federal Reserve might accelerate its plans to raise interest rates


Fed's Powell will aim to win a high-stakes bet in 2nd term
Nov 23, 2021

Fed's Powell will aim to win a high-stakes bet in 2nd term

Federal Reserve Chair Jerome Powell gambled last year that his ultra-low rate policies would help revive an economy that had sunk deep into a pandemic-induced recession


Asian stocks mixed after late slump on Wall Street
Nov 23, 2021

Asian stocks mixed after late slump on Wall Street

Asian shares are mixed after a late drop left major Wall Street indexes mostly lower


US stocks rise after Biden taps Powell for a new Fed term
Nov 22, 2021

US stocks rise after Biden taps Powell for a new Fed term

Stocks mostly rose in afternoon trading on Wall Street Monday as investors head into a holiday-shortened week with reassurance about leadership at the Federal Reserve




World shares mostly higher as lockdowns, inflation loom
Nov 22, 2021

World shares mostly higher as lockdowns, inflation loom

Markets have opened higher in Europe after a mixed day of trading in Asia


Two Democratic senators oppose Powell as Fed chair
Nov 19, 2021

Two Democratic senators oppose Powell as Fed chair

Two Senate Democrats said Friday they oppose the reappointment of Jerome Powell as chair of the Federal Reserve, as President Joe Biden is expected to announce within days who he will pick for the nation’s most powerful economic position


Turkey again cuts interest rates despite pinch of inflation
Nov 18, 2021

Turkey again cuts interest rates despite pinch of inflation

Turkey’s Central Bank has cut interest rates by 1 percentage point a day after President Recep Tayyip Erdogan spoke out against high borrowing rates



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.