Financial crimes watchdog removes Turkey from money laundering ‘gray list’
The Financial Action Task Force, an international watchdog organization dedicated to combating money laundering and illicit cash flows, on Friday…
Western clothing craze sends sales of denim dresses and skirts soaring, Levi Strauss says
In a lyric on her latest album, Beyoncé sings “denim on denim, on denim, on denim.” Levi Strauss shoppers are…
Key Fed measure shows inflation rose 2.6% in May from a year ago, as expected
An important economic measure for the Federal Reserve showed Friday that inflation during May slowed to its lowest annual rate…
There’s a big Fed inflation reading coming Friday. Here’s what to expect
There could be some pretty good inflation news on the way from the Commerce Department when it releases a key…
Trade feuds aside, Chinese firms are committed to the U.S. market, survey shows
A recent survey of Chinese enterprises in the U.S. has found that a majority remain bullish on the market long…
Fed Governor Bowman says she’s still open to raising rates if inflation doesn’t improve
Federal Reserve Governor Michelle Bowman said Tuesday the time is not right yet to start lowering interest rates, adding she…
IMF chief says Europe looks like ‘an ideas supermarket’ for the U.S., calls for further integration
The head of the International Monetary Fund on Thursday called on Europe to achieve the full potential of its prized…
Bank of England keeps rates at 5.25% in ‘finely balanced’ decision; traders lift bets for August cut
LONDON — The Bank of England on Thursday opted to keep interest rates steady at its June meeting, but described…
Switzerland makes second interest rate cut as major economies diverge on monetary policy easing
The Swiss National Bank on Thursday trimmed its key interest rate by 25 basis points to 1.25%, continuing cuts at…
