Financial Services

UnitedHealth to buy LHC Group for $5.4 billion
Mar 29, 2022

UnitedHealth to buy LHC Group for $5.4 billion

UnitedHealth Group is spending about $5.4 billion to delve deeper into home health care with the acquisition of LHC Group


Workers strike across India for labor rights, better pay
Mar 28, 2022

Workers strike across India for labor rights, better pay

Millions of workers have begun a two-day strike across India to express their anger at the government’s economic policies and to back demands for improved rights for industrial workers, employees and farmers


Russian stock market, crushed by war, will partially reopen
Mar 24, 2022

Russian stock market, crushed by war, will partially reopen

Russia plans to reopen its stock market for limited trading on Thursday, nearly one month after shares plunged and the exchange was shut down following the invasion of Ukraine


Mar 24, 2022

Norway central bank hikes key policy interest rate to 0.75%

Norway’s central bank has raised its key policy interest rate from 0_5% to 0_75% , saying the war in Ukraine has led to heightened uncertainty.”


Powell: Digital currencies will require new regulations
Mar 23, 2022

Powell: Digital currencies will require new regulations

Federal Reserve Chair Jerome Powell said Wednesday that new forms of digital money such as cryptocurrencies and stablecoins present risks to the U.S. financial system and will require new rules to protect consumers


Wall Street opens lower as crude oil prices climb again
Mar 23, 2022

Wall Street opens lower as crude oil prices climb again

Stocks are opening lower on Wall Street, giving back some of the big gains they made a day earlier


Stocks gain ground on Wall Street, oil prices ease lower
Mar 22, 2022

Stocks gain ground on Wall Street, oil prices ease lower

Stocks rose in afternoon trading on Wall Street Tuesday and oil prices eased lower as investors remained focused on the outlook for inflation


Global shares gain as investors watch Ukraine situation
Mar 22, 2022

Global shares gain as investors watch Ukraine situation

Global shares are higher as investors eye the war in Ukraine and inflationary risks including rising energy costs


Egypt's central bank raises interest rates, cites Ukraine
Mar 21, 2022

Egypt's central bank raises interest rates, cites Ukraine

The Central Bank of Egypt has raised its key interest rate for the first time since 2017, citing inflationary pressures triggered by the coronavirus pandemic and Russia's war in Ukraine


Nielsen ratings rejects $9B takeover bid and shares slide
Mar 21, 2022

Nielsen ratings rejects $9B takeover bid and shares slide

Nielsen is down 16%  after the TV ratings company rejected a $9 billion takeover bid from private equity firms



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.