Financial Services

Sweden's central bank hikes key interest rate, saying inflation is still too high
Sep 21, 2023

Sweden's central bank hikes key interest rate, saying inflation is still too high

Sweden’s central bank has raised its key interest rate, saying the “inflationary pressures in the Swedish economy are still too high.”


A small venture capital player becomes a symbol in the fight over corporate diversity policies
Sep 20, 2023

A small venture capital player becomes a symbol in the fight over corporate diversity policies

A venture capital firm that has backed buzzy new companies has become symbolic of the fight over corporate diversity policies


Homeowners face rising insurance rates as climate change makes wildfires, storms more common
Sep 20, 2023

Homeowners face rising insurance rates as climate change makes wildfires, storms more common

A growing number of Americans are finding it difficult to afford insurance on their homes, a problem only expected to worsen because insurers and lawmakers have underestimated the impact of climate change, a new report says


Movie Review: 'Dumb Money' recalls GameStop squeeze, when regular folk put the screws on Wall Street
Sep 19, 2023

Movie Review: 'Dumb Money' recalls GameStop squeeze, when regular folk put the screws on Wall Street

The little guy — or at least the little guy with a few hundred bucks to sink into the stock market — gets a movie to cheer with “Dumb Money,” the real story of a recent financial rebellion that shook Wall Street


Stock market today: World shares lower, Tokyo closed, as focus turns to Federal Reserve meeting
Sep 18, 2023

Stock market today: World shares lower, Tokyo closed, as focus turns to Federal Reserve meeting

Shares are mostly lower in Europe and Asia, while Tokyo's markets were closed for a national holiday


Russia raises key interest rate again as inflation and exchange rate worries continue
Sep 15, 2023

Russia raises key interest rate again as inflation and exchange rate worries continue

Russia's central bank has raised its key lending rate by one percentage point to 13%, a month after imposing an even larger hike


China economic data show signs slowdown may be easing, as central bank acts to support growth
Sep 15, 2023

China economic data show signs slowdown may be easing, as central bank acts to support growth

China has reported its factories picked up their pace and retail sales also gained momentum in August, suggesting the economy may be gradually recovering from its post-pandemic malaise


Sep 14, 2023

Stock market today: Wall Street opens higher after retail, inflation data

Stocks are ticking higher on Wall Street with hopes that central banks around the world are close to done with their hikes to interest rates


Sep 12, 2023

Stock market today: Wall Street drifts as oil prices rise and Oracle weighs on tech stocks

Stocks are drifting as Wall Street waits to see what reports coming up this week on the economy and Big Tech companies say


Poland bank governor says large interest rate cut justified by falling inflation
Sep 7, 2023

Poland bank governor says large interest rate cut justified by falling inflation

The governor of Poland’s central bank says its large interest rate cut is justified despite high inflation because prices are stabilizing and the era of high inflation is ending



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.