Financial Services

Global stock markets mixed head of latest US jobs reading
Sep 2, 2022

Global stock markets mixed head of latest US jobs reading

Global stocks are mixed ahead of U.S. jobs data that might reinforce U.S. Federal Reserve plans for more interest rate hikes to cool surging inflation


Fed is hoping August hiring report will show slowdown
Sep 2, 2022

Fed is hoping August hiring report will show slowdown

Raging inflation has so scrambled the economy that it’s come to this: If Friday’s jobs report for August were to show a significant hiring slowdown, the Federal Reserve — and even the White House — would likely welcome it


Stocks open lower, wiping out more of the summer's gains
Sep 1, 2022

Stocks open lower, wiping out more of the summer's gains

Stocks are opening lower again on Wall Street, continuing a weak patch that has wiped out much of the gains the market made in July and early August


Global shares track Wall Street slide on rate expectations
Sep 1, 2022

Global shares track Wall Street slide on rate expectations

Global shares are trading lower, tracking a broad slide on Wall Street, as investors brace for higher interest rates and inflation worries for some time


IMF agrees to provide crisis-hit Sri Lanka $2.9 billion
Sep 1, 2022

IMF agrees to provide crisis-hit Sri Lanka $2.9 billion

The International Monetary Fund says it has reached a preliminary agreement to provide $2.9 billion over four years to help crisis-hit Sri Lanka


Stocks are off to a mixed start, remain lower for the week
Aug 31, 2022

Stocks are off to a mixed start, remain lower for the week

Stocks are off to a slightly higher start on Wall Street but major indexes remain lower for the week after several days of declines


Asian stocks follow Wall St lower after strong US jobs data
Aug 31, 2022

Asian stocks follow Wall St lower after strong US jobs data

Asian stocks have followed Wall Street lower after strong U.S. jobs data fueled expectations of further interest rate hikes and Chinese manufacturing activity weakened


Asian stocks follow Wall Street lower after US jobs data
Aug 31, 2022

Asian stocks follow Wall Street lower after US jobs data

Asian stocks have followed Wall Street lower after strong U.S. jobs data fueled expectations of further interest rate hikes and Chinese manufacturing activity weakened


Stocks open higher on Wall Street after a two-day slide
Aug 30, 2022

Stocks open higher on Wall Street after a two-day slide

Stocks are opening slightly higher on Wall Street following two days of slumps as investors worry that high interest rates aren't going away any time soon as the Federal Reserve fights inflation


Asian stocks after Wall St pullback on Fed inflation stance
Aug 30, 2022

Asian stocks after Wall St pullback on Fed inflation stance

Asian stocks are mixed after Wall Street fell following last week’s Federal Reserve pledge to fight inflation by keeping interest rates elevated



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.