Financial Services

Global stocks mixed after Wall St falls on rate hike worries
Jan 10, 2022

Global stocks mixed after Wall St falls on rate hike worries

Global stocks are mixed after Wall Street fell on worries the Federal Reserve will raise interest rates as soon as March


Jan 9, 2022

China foreign minister in Sri Lanka to discuss Belt and Road

Chinese Foreign Minister Wang Yi is in Sri Lanka seeking to advance China’s ambitious Belt and Road Initiative, as the island nation looked to Beijing for help as it tries to rescue itself from a foreign currency and debt crisis


EXPLAINER: What does record inflation mean for the eurozone?
Jan 7, 2022

EXPLAINER: What does record inflation mean for the eurozone?

Inflation in the 19 countries that use the euro currency hit its highest level on record, led by surging food and energy costs


World shares turn lower after tech-led decline on Wall St
Jan 7, 2022

World shares turn lower after tech-led decline on Wall St

World markets have turned lower, tracking a retreat on Wall Street led by declines in big technology stocks


More weakness in technology stocks leaves US indexes lower
Jan 6, 2022

More weakness in technology stocks leaves US indexes lower

More declines in big technology stocks pulled major indexes lower on Wall Street, driving the market further into the red on the first week of the year


Red-hot housing market to fuel record borrowing in '22
Jan 6, 2022

Red-hot housing market to fuel record borrowing in '22

Fierce competition, low mortgage rates and soaring prices helped raise the amount borrowers took on to buy homes last year to an all-time high, eclipsing the mid-2000s housing bubble


Asian stocks follow Wall St lower after Fed rates signal
Jan 6, 2022

Asian stocks follow Wall St lower after Fed rates signal

Asian stock markets have followed Wall Street lower after investors saw minutes from a Federal Reserve meeting as a sign the U.S. central bank might hike interest rates faster to cool inflation


Anticipation that Fed will raise rates sends stocks lower
Jan 5, 2022

Anticipation that Fed will raise rates sends stocks lower

Stocks closed lower on Wall Street Wednesday after minutes from the Federal Reserve’s last meeting raised expectations that the central bank will move faster to raise interest rates to fight inflation



BSA bankruptcy plan misses mark in vote by abuse claimants
Jan 5, 2022

BSA bankruptcy plan misses mark in vote by abuse claimants

A preliminary voting report in the Boy Scouts of America bankruptcy indicates the group’s reorganization plan has failed to win the desired support from tens of thousands of men who say they were sexually abused as children



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.