The Turkish central bank says it and the United Arab Emirates have agreed to a currency swap deal equivalent to $4.74 billion to boost Turkey’s depleted foreign exchange reserves
President Joe Biden has rallied European allies to pledge as one that they will take tough measures against Russia if it rolls troops into Ukraine
Stocks fell to a new low for the year on Wall Street Tuesday and bond yields surged amid renewed jitters the Federal Reserve will lift interest rates to tackle rising inflation
Stocks fell broadly in morning trading on Wall Street Tuesday as investors review the latest batch of corporate earnings and continue monitoring rising inflation and the virus pandemic
Goldman Sachs’ said its fourth-quarter profits fell by 13% from a year earlier, largely due to the bank preparing to pay out hefty pay packages to its well-compensated employees
Asian shares are mostly lower while oil prices surged following an attack on an oil facility in the capital of the United Arab Emirates
A senior European Central Bank official says that raising interest rates prematurely could “choke off the recovery,” comments that come as inflation in the 19-nation euro area has hit a record rate
President Joe Biden will nominate three people to the Senate for the Federal Reserve’s Board of Governors
Technology stocks led another decline on Wall Street Thursday, leaving the Nasdaq composite down 2.5%
Shares are mostly lower in Europe and Asia after the latest report of surging prices in the U.S. appeared to keep the Federal Reserve on track to raise interest rates in coming months