Russia’s central bank raises interest rate to 21% to fight inflation boosted by military spending
MOSCOW -- Russia’s central bank on Friday raised its key interest rate by two percentage points to a record-high 21%...
Financial services
Asian stocks are mostly higher, while Japan’s Nikkei falls ahead of weekend election
HONG KONG -- Asian stocks were mostly higher Friday aside from in Japan, where investors were awaiting the outcome of...
IMF chief warns that world risks falling into slow-growth rut and urges China to enact reforms
WASHINGTON -- The world economy, buffeted by conflict and growing geopolitical rivalries, is in danger of getting stuck in a...
Apple and Goldman Sachs must pay $89 million for mishandling Apple Card transactions, CFPB orders
NEW YORK -- A federal regulator on Wednesday ordered Apple and Goldman Sachs to pay a combined $89 million for...
Rescued New York Community Bank to lay off 700 at its Flagstar subsidiary
Struggling New York Community Bancorp said Friday that it is cutting 700 jobs at its Flagstar subsidiary as it tries...
Stock market today: Asian shares gain as China releases plan for market support
BANGKOK -- Asian shares have mostly gained after China’s central bank released plans for supporting the stock market through share...
European Central Bank poised to cut rates again as inflation drops below target
The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, is expected to...
Hedge fund Elliott calls for Southwest shareholders to meet and vote on its slate of directors
The second largest shareholder of Southwest Airlines on Monday called for special meeting of shareholders to vote on its slate...
Stock market today: Asian shares gain after China says more help is needed for its slowing economy
BANGKOK -- Asian shares gained ground on Monday, with stocks in China rising more than 1% after the finance minister...
Stock market today: Wall Street rises to close its latest record-setting week as banks jump
NEW YORK -- U.S. stocks rose to records Friday as big banks rallied following a run of reassuring profit reports.The...
