Financial Services
The largest US banks would survive a severe recession, the Fed's 'stress tests' show
The nation’s 23 largest banks passed the Federal Reserve’s so-called stress tests this year, a sign that the nation’s banking system remains resilient despite the recent banking crisis that that led to the failure of three banks
Stock market today: Asian shares are lower after central bankers say interest rates must stay high
Asian stock markets are mixed after leaders of major central banks said they need to keep interest rates high to fight persistent inflation despite fears that might tip the global economy into recession
Stock market today: Wall Street drifts higher as a summer lull continues
Stocks are drifting higher as Wall Street’s lull continues following a strong start to the year
Stock market today: Global shares decline after armed rebellion quelled in Russia
Global shares have fallen after a short-lived armed rebellion in Russia added to uncertainties over the war in Ukraine
Stock market today: Asian shares sink as central banks crank interest rates still higher
Asian shares have fallen sharply after several central banks around the world cranked interest rates higher in their fight against inflation
Stock market today: World shares slip after central banks crank interest rates still higher
Shares have fallen in Europe and Asia after several central banks around the world cranked interest rates higher in their fight against inflation
Stock market today: Wall Street sinks toward first losing week in last six
Another drop for stocks has Wall Street on track to close out its first losing week in the last six
Foes of Myanmar's military regime applaud new US sanctions, but want action to block gas revenues
Opponents of Myanmar's military government are applauding fresh financial sanctions imposed by the United States on the Southeast Asian nation
Swiss central bank raises key interest rate and says more hikes can't be ruled out
Switzerland’s central bank has raised its key interest rate as it seeks to combat inflation and said “it cannot be ruled out” that more hikes will be necessary
Swiss central bank urges review of 'too big to fail' bank safeguards after Credit Suisse debacle
Switzerland’s central bank says it's time to review rules aimed at preventing disastrous bank collapses