Financial Services

Wall Street starts August lower after best month since 2020
Aug 1, 2022

Wall Street starts August lower after best month since 2020

Stocks are falling on Wall Street at the open Monday, kicking off the first trading day of August with losses after notching the best month for investors since November 2020


Pakistan military chief seeks US help on release of IMF loan
Jul 30, 2022

Pakistan military chief seeks US help on release of IMF loan

Pakistani officials say the country's powerful army chief has contacted Washington, seeking U.S. help in securing an early release of a crucial $1.7 billion installment from the International Monetary Fund to Pakistan


Asian shares mixed on US rally, China economic growth woes
Jul 29, 2022

Asian shares mixed on US rally, China economic growth woes

Asian shares are mixed as Chinese shares sank after leaders acknowledged the official 5.5% growth target for this year won’t be met


Banks far from hitting Paris climate targets, groups warn
Jul 28, 2022

Banks far from hitting Paris climate targets, groups warn

A new report by says many of the world's biggest banks are falling far short of aligning their practices with the Paris Agreement goal of limiting the Earth's warming to 1.5 degrees Celsius above pre-industrial levels


US economy likely grew modestly, if at all, last quarter
Jul 28, 2022

US economy likely grew modestly, if at all, last quarter

After going backward from January through March, the U.S. economy probably didn’t do much better in the spring


Fed unleashes another big rate hike in bid to curb inflation
Jul 27, 2022

Fed unleashes another big rate hike in bid to curb inflation

The Federal Reserve raised its benchmark interest rate by a hefty three-quarters of a point for a second straight time in its most aggressive drive in three decades to tame high inflation



Fed set to impose another big rate hike to fight inflation
Jul 27, 2022

Fed set to impose another big rate hike to fight inflation

The Federal Reserve is under pressure to continue raising interest rates aggressively with inflation at a four-decade high, the job market strong and consumers still spending


Alphabet, Microsoft boost US stocks as market waits on Fed
Jul 27, 2022

Alphabet, Microsoft boost US stocks as market waits on Fed

Stocks are opening higher Wednesday, with a raft of corporate earnings reports sparking a sharp rebound from losses a day earlier


Risks, mined waters slow rush to extract grains from Ukraine
Jul 27, 2022

Risks, mined waters slow rush to extract grains from Ukraine

Shipping companies aren't rushing to export millions of tons of trapped grain out of Ukraine, despite a breakthrough deal to provide safe corridors through the Black Sea



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.