Finance

Fed Governor Kugler backs caution on rates; Kashkari expects only two or three cuts

Federal Reserve Governor Adriana Kugler said Wednesday inflation is showing solid signs of slowing down, but she is not ready…

NYCB names new chairman after Moody’s downgrades bank’s credit rating to junk

New York Community Bank on Wednesday promoted its chairman to help stabilize the company’s operations, hours after Moody’s Investors Service downgraded the bank’s…

Clocktower’s chief strategist says Chinese stocks will likely rally 10% to 15% from here

BEIJING — Chinese stocks will likely climb by at least 10% in coming days as authorities signal concerted support efforts,…

Lawson shares surge 18% after Japan’s KDDI launches $3.4 billion privatization offer

Shares of Japan’s third-largest convenience store chain Lawson surged 18% it received an offer to go private. The offer would…

How to reduce — or avoid — airline fees for checked bags

Checking a bag at the airport has gotten pricier for travelers — and harder to avoid. A checked bag is…