Financial Services

Bank of America profits jump 10% but warns of slowing spending by Americans
Oct 17, 2023

Bank of America profits jump 10% but warns of slowing spending by Americans

Bank of American posted a 10% rise in third quarter profits, helped by higher interest rates that allowed the bank to charge more for loans while keeping the bank’s expenses under control


Stock market today: World shares gain on back of Wall Street rally as war shock to markets fades
Oct 17, 2023

Stock market today: World shares gain on back of Wall Street rally as war shock to markets fades

World shares have advanced after U.S. stocks rallied as investors unwound some of last week’s moves driven by worries about war in the Middle East



Stock market today: Asian shares gain on back of Wall Street rally as war shock to markets fades
Oct 16, 2023

Stock market today: Asian shares gain on back of Wall Street rally as war shock to markets fades

Asian shares have advanced after U.S. stocks rallied as investors unwound some of last week’s moves driven by worries about war in the Middle East


JPMorgan profit jumps 35%, but CEO says geopolitics and gov't inaction have led to 'dangerous time'
Oct 13, 2023

JPMorgan profit jumps 35%, but CEO says geopolitics and gov't inaction have led to 'dangerous time'

JPMorgan Chase’s third-quarter profit soared 35% from last year, fueled by a rapid rise in interest rates, but the bank’s CEO, Jamie Dimon, issued a sobering statement about the current state of world affairs and economic instability


Stock market today: Asian markets slip as rising yields in the bond market pressure stocks
Oct 13, 2023

Stock market today: Asian markets slip as rising yields in the bond market pressure stocks

Shares have fallen in Asia after a retreat on Wall Street as the vise tightened from rising yields in the bond market


Stock market today: Wall Street rises as hopes for stronger profits collide with worries about war
Oct 13, 2023

Stock market today: Wall Street rises as hopes for stronger profits collide with worries about war

U.S. stocks are ticking higher as they get pulled in opposite directions by competing waves of optimism and fear


Stock market today: Wall Street struggles as war worries collide with hope for stronger profits
Oct 13, 2023

Stock market today: Wall Street struggles as war worries collide with hope for stronger profits

U.S. stocks are mostly falling as they get pulled in opposite directions by competing waves of optimism and fear


Ex-Barclays Bank boss Staley banned from senior UK finance roles over misleading Epstein statements
Oct 12, 2023

Ex-Barclays Bank boss Staley banned from senior UK finance roles over misleading Epstein statements

Britain’s financial regulator has fined the American former chief executive of Barclays, Jes Staley, 1.8 million pounds ($2.2 million) and banned him from holding senior financial roles for misleading it over the nature of his relationship with the late sex offender Jeffrey Epstein


Stock market today: World shares mixed after Wall St buoyed by easing pressure on bonds
Oct 11, 2023

Stock market today: World shares mixed after Wall St buoyed by easing pressure on bonds

World shares are mixed after Wall Street advanced following an easing of pressure from the bond market



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.