Financial Services
Poland's central bank cuts key interest rate despite double-digit inflation
Poland’s central bank has lowered its key interest rate by 75 basis points despite the country’s double-digit inflation rate
Poland's central bank surprises with sharp interest rate cuts despite double-digit inflation
Poland’s central bank has lowered its interest rates by 75 basis points despite the country’s double-digit inflation rate
Stock market today: Wall Street wavers following two weeks of gains
Stocks wavered on Wall Street as traders return from a long holiday weekend
UBS reports huge 2Q profit skewed by Credit Suisse takeover, foresees $10B in cost cuts
Swiss bank UBS announced plans to save $10 billion in costs as it moves ahead with “full integration” of longtime rival Credit Suisse’s domestic operations, releasing its first earnings report since the government-orchestrated merger to help stave off a possible global financial meltdown
UBS reports huge 2Q profit skewed by Credit Suisse takeover and foresees $10B in cost cuts
Swiss banking giant UBS has announced plans to save $10 billion in costs, including through 3,000 staff reductions in Switzerland as it moves ahead with “full integration” of longtime rival Credit Suisse’s domestic operations following a takeover
Hollywood's working class turns to nonprofit funds to make ends meet during the strike
Hollywood crew members are turning to nonprofits like the Entertainment Community Fund for assistance as they have also lost work during the writer and actors strikes
Russia earns less from oil and spends more on war. So far, sanctions are working like a slow poison
The Russian currency has stabilized after dipping below 100 rubles to the U.S. dollar — but that doesn't mean the pressure is off Russia's economy
Stock market today: Wall Street opens higher after a rare winning week
Stocks are opening higher on Wall Street as markets shift their attention from the Federal Reserve to more corporate earnings and economic reports
Turkey’s central bank raises interest rates again in another sign of normalizing economic policy
Turkey’s central bank has raised its key interest rate by an aggressive 7.5 percentage points, in a new sign of a return to more traditional economic policies
Stock market today: Wall Street rises as easing yields in the bond market relax the pressure
Wall Street is rising as the pressure that’s built on stocks recently from the bond market relaxed a bit