Financial Services

Wall Street rebounds in early trade after inflation report
Apr 12, 2022

Wall Street rebounds in early trade after inflation report

Stocks are opening higher and bond yields are falling as investors cling to strands of hope in a mostly discouraging report on inflation


Sri Lanka halts debt repayment pending IMF bailout plan
Apr 12, 2022

Sri Lanka halts debt repayment pending IMF bailout plan

Sri Lanka's government says it is suspending its repayment of foreign debt, including bonds and government-to-government borrowings, pending the completion of a loan restructuring program with the International Monetary Fund to deal with the island nation’s worst economic crisis in decades


Asian stocks follow Wall St down amid US interest rate fears
Apr 11, 2022

Asian stocks follow Wall St down amid US interest rate fears

Asian stock markets are lower after the Federal Reserve indicated it might raise interest rates more aggressively to cool U.S. inflation


Live Updates | Putin could meddle in US elections again
Apr 9, 2022

Live Updates | Putin could meddle in US elections again

U.S. intelligence officials predict Russian President Vladimir Putin may use U.S. support for Ukraine as justification for a new campaign to interfere in American politics


Russia cuts interest rate as ruble settles despite sanctions
Apr 8, 2022

Russia cuts interest rate as ruble settles despite sanctions

Russia’s central bank say it's lowering a key interest rate and said more cuts could be on the way


Global shares rise as investors eye US Fed moves, inflation
Apr 8, 2022

Global shares rise as investors eye US Fed moves, inflation

Global shares are trading higher as investors eye the war in Ukraine and what the world’s central banks might do to keep inflation in check


Asian shares mostly lower after tepid gains on Wall Street
Apr 8, 2022

Asian shares mostly lower after tepid gains on Wall Street

Asian shares are mostly lower as investors eye the war in Ukraine and what the world’s central banks might do to keep inflation in check


Stocks fall on Wall Street, weighed down by tech losses
Apr 7, 2022

Stocks fall on Wall Street, weighed down by tech losses

Stocks edged lower in afternoon trading on Wall Street Thursday as investors weigh the latest update from the Federal Reserve amid concerns about rising inflation


Warren Buffett buying spree goes on, HP soars on 11.5% stake
Apr 7, 2022

Warren Buffett buying spree goes on, HP soars on 11.5% stake

Shares of HP are up nearly 15% after Warren Buffett's company snapped up 11.5% of the company that makes printers and computers over the past week in another uncharacteristic investment for the billionaire in a tech company


Treasury bars Russia payments in dollars from US accounts
Apr 5, 2022

Treasury bars Russia payments in dollars from US accounts

The Treasury Department will not allow any Russian government debt payments from accounts at U.S. financial institutions to be made in U.S. dollars, an agency official says



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.