business news

FBI: ‘Financial sextortion’ of teens is a ‘rapidly escalating threat.’ How parents can protect their kids

“Financial sextortion,” a type of cybercrime that targets teens and tweens, is on the rise. Reports of financially motivated sextortion…

Defense Secretary Lloyd Austin apologizes for his handling of cancer diagnosis and hospitalization

U.S. Secretary of Defense Lloyd Austin publicly apologized Thursday for not telling President Joe Biden and the public about his…

This bond ETF will get the biggest bang for its buck in 2024, says VettaFi’s Rosenbluth

Long-term yields might be the best bond investment this year, according to one exchange-traded fund expert. “The iShares 20-year Treasury…

January hiring was the lowest for the month on record as layoffs surged

Companies announced the highest level of job cuts in January since early 2023, a potential trouble spot for a labor…

Divided Bank of England leaves policy unchanged, says interest rates are ‘under review’

LONDON — The Bank of England held interest rates steady at 5.25% on Thursday, with the announcement detailing the very divided…

Donald Trump’s lawsuit over ‘Steele dossier’ thrown out by UK court

Donald Trump’s data protection lawsuit against a British private investigations firm over a dossier which alleged ties between Trump’s campaign…

Euro zone inflation eases as expected, but core figures disappoint

Euro zone headline inflation eased slightly in January, flash figures published by the European Union’s statistics agency showed Thursday, while…

Top wealth manager Julius Baer caught in property write-off storm as CEO steps down

Swiss bank Julius Baer on Thursday reported hefty net credit losses tied to its exposure to real estate group Signa…