Finance

Fed Governor Waller says inflation softening faster than he expected put him in half-point-cut camp

Federal Reserve Governor Christopher Waller said Friday he supported a half percentage point rate cut at this week’s meeting because…

Pesky medical bill? Many people don’t take a key step to manage that debt, study finds

Consumers may feel their medical bills are unyielding, inflexible, set in stone. But that’s not always true: A new study…

American Airlines in talks to pick Citigroup over rival bank Barclays for crucial credit card deal, sources say

American Airlines is in talks to make Citigroup its exclusive credit card partner, dropping rival issuer Barclays from a partnership…

Huawei’s trifold phone is proving popular among Apple iPhone fans in Beijing

BEIJING — Many of Apple‘s affluent iPhone users in China are just as interested in Huawei’s pricier trifold phone, CNBC…

Tesla’s Chinese rival Nio cuts price for new Onvo-branded car

HEFEI, China — There’s yet another Chinese electric car aiming to undercut Tesla, with a steeper discount. Onvo, the lower-priced…

What buying Commerzbank would mean for UniCredit — and the banking sector

UniCredit‘s move to take a stake in German lender Commerzbank is raising questions on whether a long awaited cross-border merger…