Financial Services
Stocks rally after Fed chair signals slowdown in rate hikes
Stocks rallied on Wall Street after the head of the Federal Reserve said the central bank could soon ease up on its aggressive pace of interest rate hikes aimed at taming inflation
The AP Interview: IMF head urges China to end mass lockdowns
The head of the International Monetary Fund says it’s time for China to move away from mass lockdowns under its “zero-COVID” approach
Asian shares rise except Japan as markets eye China protests
Asian shares are trading mostly higher as jitters over protests in China about its stringent anti-COVID policies fade
US stock indexes fall as lockdown protests spread in China
Stocks fell broadly on Wall Street as protests spread in China calling for President Xi Jinping to step down amid growing anger over severe restrictions imposed as part of his “zero COVID” strategy in the world's second-largest economy
Yemen’s government signs $1B aid package with UAE-based fund
State media says Yemen's internationally recognized government has signed an economic aid deal worth $1 billion with the Arab Monetary Fund
Biden brings Thanksgiving pies to Nantucket first responders
President Joe Biden has delivered pumpkin pies to Massachusetts firefighters for Thanksgiving
Global shares rise on Fed rate hopes despite China worries
Global shares are mostly higher, although optimism about the Federal Reserve holding back on aggressive interest rate hikes was countered by uncertainty over coronavirus restrictions in China
Asian stocks mixed after Wall St slide, China virus fears
Asian stock markets are mixed after Wall Street sank and Chinese anti-virus controls fueled concern about an economic slowdown
Reality TV stars Todd and Julie Chrisley to be sentenced
Federal prosecutors say reality TV stars Todd and Julie Chrisley were driven by greed as they engaged in an extensive bank fraud scheme and then hid their wealth from tax authorities while flaunting their lavish lifestyle
Global stocks down after Wall St weekly loss on rate fears
Global stock markets are lower after Wall Street ended with a loss for the week amid anxiety about Federal Reserve plans for more interest rate hikes to cool inflation