Financial Services
Stocks dip as worries about banks overshadow jobs report
Stocks are falling as worries about the banking system outweigh a highly anticipated report that showed pay raises for workers are slowing and other signals that Wall Street wants to see of pressure on inflation cooling
US stocks fall slightly as worries linger on interest rates
Stocks gave up an early gain and turned slightly lower on Wall Street as markets remain anxious about the prospect of more aggressive action by the Federal Reserve to fight inflation
Lebanon leans on US dollar to cope as currency, economy tank
The Lebanese pound has lost as much as 98% in value since late 2019, and now most restaurants and many stores are demanding to be paid in dollars to bypass what’s seen as a nearly useless currency
Brazil's 4Q22 GDP contraction signals challenge for Lula
Brazil’s economy contracted in the fourth quarter for the first time in over a year, according to data released Thursday by the country’s statistics institute
What is ESG investing and why do some hate it so much?
After starting as a niche corner of the finance world, ESG investing has since exploded to become a major force on Wall Street _ and the latest front in the nation’s cultural schism
N. Carolina magnate accused of scheme to skim company funds
A North Carolina business magnate has been indicted on federal charges based on allegations he conspired to skim large amounts of money from his insurance companies, then lied about it to hide the scheme with two co-conspirators
Millennial Money: New parents’ finances need nurturing too
When you’re struggling to manage a tiny cry-monster who’s hellbent on making sure you never sleep again, who has time to open the mail or check a credit card statement
Asian stocks rise after Wall St slides on rate hike fears
Asian stock markets are higher following Wall Street's biggest one-day decline in two months
Saudi Arabia deposits $1 billion into Yemen’s central bank
Saudi Arabia has deposited $1 billion into the central bank of Yemen’s internationally recognized government in a bid to bolster the country’s ailing economy, state media said