Financial Services

Stock investors' nerves tested by inflation, omicron, Russia
Jan 25, 2022

Stock investors' nerves tested by inflation, omicron, Russia

The stock market is losing crucial support from the Federal Reserve


Stocks end lower on Wall Street after another volatile day
Jan 25, 2022

Stocks end lower on Wall Street after another volatile day

Stocks closed lower on Wall Street Tuesday after another volatile day of trading


American Express Q4 profits jump 20% on card spending
Jan 25, 2022

American Express Q4 profits jump 20% on card spending

Credit card company American Express said Tuesday that its fourth-quarter earnings rose 20% from a year earlier, as eager consumers spent record levels of money during the holiday season on the company’s namesake cards


Stocks drop sharply as market eyes Fed, Ukraine tensions
Jan 24, 2022

Stocks drop sharply as market eyes Fed, Ukraine tensions

Stocks fell sharply as investors anticipate inflation-fighting measures from the Federal Reserve and fret over the possibility of conflict between Russia and Ukraine


Dow drops 1,000 points as markets extend slide in 2022
Jan 24, 2022

Dow drops 1,000 points as markets extend slide in 2022

The Dow Jones Industrial Average dropped more than 1,000 points Monday as financial markets buckled in anticipation of inflation-fighting measures from the Federal Reserve and fretted the possibility of conflict between Russia and Ukraine


Sri Lanka settles sovereign bond payment as reserves dwindle
Jan 20, 2022

Sri Lanka settles sovereign bond payment as reserves dwindle

Sri Lanka has paid $500 million due on sovereign bonds from its badly depleted foreign reserves despite calls by experts to defer it and use the sum to import essential food and medicine


Jan 20, 2022

Turkey's central bank ends string of interest rate cuts

Turkey’s central bank has kept a key interest rate unchanged, halting a string of rate cuts that triggered a currency crisis and sent prices skyrocketing


A fraud case against Trump? Not a slam dunk, experts say
Jan 19, 2022

A fraud case against Trump? Not a slam dunk, experts say

Legal experts say a court filing alleging that Donald Trump’s company misrepresented property values for financial gain could make for a compelling civil fraud case


Stocks edge lower on Wall Street; investors review earnings
Jan 19, 2022

Stocks edge lower on Wall Street; investors review earnings

Stocks edged lower in afternoon trading on Wall Street as investors review the latest corporate earnings and prepare for higher interest rates


Optum again a big revenue driver for UnitedHealth in 2021
Jan 19, 2022

Optum again a big revenue driver for UnitedHealth in 2021

UnitedHealth Group posted strong fourth-quarter earnings led by double-digit growth in its Optum division



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