Financial Services


Global stocks, oil prices higher before likely US rate hike
Jul 27, 2022

Global stocks, oil prices higher before likely US rate hike

Major global stock markets and Wall Street futures have advanced as traders brace for a possible sharp interest rate hike by the Federal Reserve to cool surging inflation


Asian stocks follow Wall Street ahead of likely US rate hike
Jul 27, 2022

Asian stocks follow Wall Street ahead of likely US rate hike

Asian stock markets have followed Wall Street lower as traders prepared for a possible sharp interest rate hike from the Federal Reserve to cool inflation


Asian stocks higher ahead of possible US rate hike
Jul 26, 2022

Asian stocks higher ahead of possible US rate hike

Asian stock markets are higher as investors brace for another sharp interest rate hike by the Federal Reserve to cool inflation


Stocks closing mixed; Investors brace for Fed meeting
Jul 25, 2022

Stocks closing mixed; Investors brace for Fed meeting

Stocks are closing mixed Monday, as investors brace for a two-day meeting of the Federal Reserve this week


Stocks off to mixed start as investors wait for Fed meeting
Jul 25, 2022

Stocks off to mixed start as investors wait for Fed meeting

Stocks were mixed in morning trading Monday, as investors braced for a two-day meeting of the Federal Reserve this week


Jul 25, 2022

Zimbabwe debuts gold coins as legal tender to stem inflation

Zimbabwe has launched gold coins to be sold to the public in a bid to tame runaway inflation that has further eroded the country’s unstable currency


Yellen downplays US recession as wave of economic data looms
Jul 24, 2022

Yellen downplays US recession as wave of economic data looms

Treasury Secretary Janet Yellen says the U.S. economy is slowing but pointed to healthy hiring as proof that it is not yet in recession


Wall Street slumps, gives back chunk of week's strong gains
Jul 22, 2022

Wall Street slumps, gives back chunk of week's strong gains

Wall Street is giving back some of its strong gains from the week on Friday following discouraging readings on the global economy and another slew of profit reports from big U.S. companies


AmEx 2Q profits fall 14% despite higher cardmember spending
Jul 22, 2022

AmEx 2Q profits fall 14% despite higher cardmember spending

American Express’ profits fell 14% in the second quarter, the company said Friday, as higher expenses more than offset record spending on its network by its cardmembers



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.