Financial Services
The British pound has taken a tumble. What's the impact?
The British currency has taken a plunge, sliding against the U.S. dollar to touch an all-time low
Wall Street opens mixed, pound slides on tax cut concerns
Stocks are off to a mixed start on Wall Street as the market comes off another week of big losses
Lebanon retirees scuffle with police; banks partially reopen
Lebanese army retirees have scuffled with police as they briefly broke through a cordon leading to Parliament in downtown Beirut to protest their decimated pay amid the country's economic meltdown
Lebanese banks reopen partially after weeklong closure
Banks in crisis-hit Lebanon have partially reopened following a weeklong closure amid a wave of heists and protests
World Bank pledges $2 billion for flood-ravaged Pakistan
The World Bank says it will provide about $2 billion in aid to Pakistan, ravaged by floods that have killed more than 1,600 people this year, the largest pledge of assistance so far
World Bank head says he's not a climate denier, won't quit
World Bank President David Malpass says he won’t resign after coming under criticism for his remarks earlier this week regarding climate change
Wall Street opens lower, heading for another weekly loss
Stocks are opening lower on Wall Street as traders worry about slowing economic growth worldwide amid a global effort to fight inflation
US stocks fall broadly as global central banks raise rates
Stocks fell on Wall Street and added to weekly losses for major indexes as central banks around the world hike interest rates to fight inflation
2nd Circuit rejects NRA claims against ex-NY state official
A federal appeals panel has rejected First Amendment claims the National Rifle Association brought against a former New York state official who urged banks and insurance companies to discontinue their association with gun promoting groups
Big bank CEOs face 2nd day of questioning from lawmakers
The CEOs of the nation’s biggest banks were in for a second day of tough questioning from lawmakers on Thursday, as Americans face inflation not seen since the early 1980s and a midterm election is only weeks away