Financial Services

Nigeria’s currency has fallen to a record low as inflation surges. How did things get so bad?
Feb 17, 2024

Nigeria’s currency has fallen to a record low as inflation surges. How did things get so bad?

Nigerians are facing one of the West African nation’s worst economic crises in years


US eases restrictions on Wells Fargo after years of strict oversight following scandal
Feb 15, 2024

US eases restrictions on Wells Fargo after years of strict oversight following scandal

The Biden administration is easing its restrictions on banking giant Wells Fargo, saying the bank has sufficiently fixed its toxic culture after years of scandals


Feb 14, 2024

Stock market today: Strong profit reports support stocks a day after Wall Street’s sharp tumble

Stocks are holding steadier a day after skidding to sharp losses on worries that interest rates will stay high for months longer than hoped


Feb 14, 2024

Stock market today: Wall Street recovers much of its big loss from a day before

Stocks recovered much of their sharp losses from a day before, triggered by worries that interest rates will stay high for months longer than hoped


Stock market today: Asian shares track Wall Street's rebound
Feb 14, 2024

Stock market today: Asian shares track Wall Street's rebound

Shares are higher in Asia after Wall Street stocks recovered much of their sharp losses from a day before


Celtics star Jayson Tatum gets $1 million gift from SoFi to help people buy homes in St. Louis
Feb 13, 2024

Celtics star Jayson Tatum gets $1 million gift from SoFi to help people buy homes in St. Louis

Boston Celtics power forward Jayson Tatum announced Tuesday a gift of $1 million from the financial services company SoFi to his nonprofit


Stock market today: Asian shares are mostly higher ahead of US inflation report
Feb 13, 2024

Stock market today: Asian shares are mostly higher ahead of US inflation report

Asian shares have gained in morning trading, as investors awaited an update on U.S. consumer inflation that might help set the Federal Reserve's policy on interest rates


Stock market today: World shares are mixed ahead of an update on US inflation
Feb 13, 2024

Stock market today: World shares are mixed ahead of an update on US inflation

European benchmarks have fallen in early trading after Asian shares mostly finished higher as investors await an update on U.S. consumer inflation that might help set the Federal Reserve's policy on interest rates


Feb 7, 2024

New York Community Bancorp tries to reassure investors as stock continues to wobble

New York Community Bancorp tried to reassure investors Wednesday that it is financially sound, a day after the bank’s credit rating got downgraded to “junk.”


Stock market today: Asian shares are mostly higher, tracking gains on Wall Street
Feb 7, 2024

Stock market today: Asian shares are mostly higher, tracking gains on Wall Street

Asian shares are mostly higher, tracking gains on Wall Street



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.