Financial Services

Global stocks decline ahead of US inflation update
Nov 10, 2022

Global stocks decline ahead of US inflation update

Global stock markets are lower ahead of a U.S. inflation update that will likely influence Federal Reserve plans for more interest rate hikes as investors wait to see who will control Congress after this week’s elections


Hacker publishes Australian health insurer's customer data
Nov 9, 2022

Hacker publishes Australian health insurer's customer data

Client data of Australia’s largest health insurance company has been published by an extortionist following through on a threat to do so


Asian benchmarks advance as markets watch China, inflation
Nov 7, 2022

Asian benchmarks advance as markets watch China, inflation

Asian stocks have advanced as investors weigh uncertainties such as the U.S. mid-term elections and China’s possible moves to ease coronavirus restrictions


Nov 4, 2022

Wall Street opens higher on signs job market may be cooling

Wall Street is up Friday following signs the U.S. jobs market may be slowing a bit, which could take some pressure off the nation’s high inflation, if not as quickly as the Federal Reserve hoped


Nov 4, 2022

US hiring may have slowed to a still-solid pace in October

The U.S. jobs report for October will be closely watched Friday for any indication that employers are slowing their hiring — a prospect the Federal Reserve would likely welcome as a sign that the high inflation that is gripping the economy might soon begin to ease


UK poised to enact biggest interest rate hike in 3 decades
Nov 3, 2022

UK poised to enact biggest interest rate hike in 3 decades

The Bank of England is expected to announce its biggest interest rate increase in three decades as it seeks to beat back stubbornly high inflation fueled by Russia’s invasion of Ukraine and the disastrous economic policies of former Prime Minister Liz Truss


Wall Street opens lower, heading for another month of losses
Sep 30, 2022

Wall Street opens lower, heading for another month of losses

Stocks are opening lower on Wall Street again, on pace to close out another losing month


Global stocks mixed after Eurozone inflation rises
Sep 30, 2022

Global stocks mixed after Eurozone inflation rises

Global stocks are mixed after inflation in Germany and other countries that use Europe’s euro currency spiked to a record and Chinese factory activity weakened


India raises interest rate to 5.90% to tame inflation
Sep 30, 2022

India raises interest rate to 5.90% to tame inflation

India’s central bank has raised its key interest rate to 5.90% and said developing economy were facing slowing growth, elevated food and energy prices, debt distress and currency depreciation


Asian stocks sink on German inflation, British tax cuts
Sep 30, 2022

Asian stocks sink on German inflation, British tax cuts

Asian stocks have sunk again after German inflation spiked higher, British Prime Minister Liz Truss defended a tax-cut plan that rattled investors and Chinese manufacturing weakened



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.