Bank of England presses pause on rate cuts, highlights ‘gradual approach’
LONDON — The Bank of England on Thursday said it would hold interest rates steady following its initial cut in…
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…
Binance CEO says crypto exchange saw 40% growth this year in institutional, corporate investors
Cryptocurrency exchange Binance has seen a 40% increase this year in institutional and corporate investors joining the platform, CEO Richard…
Ray Dalio calls upcoming U.S. election the most consequential of his lifetime
Ray Dalio said the 2024 U.S. elections will likely be the most important of his lifetime and he thinks the…
Ray Dalio says the Fed has a tough balancing act as the economy faces ‘enormous amount of debt’
As the U.S. Federal Reserve implemented its first interest rate cut since the early Covid-19 pandemic, billionaire investor Ray Dalio…
Harvey Weinstein hit with new sex crime charge in New York
Harvey Weinstein pleaded not guilty Wednesday to a new sex crime charge in New York, as he awaits retrial in his…
Trump Media stock closes at new postmerger low on eve of ‘lockup’ expiration
Shares of Trump Media closed Wednesday at a new postmerger low on the eve of the expiration of “lockup” restrictions…
Teamsters union says it will not endorse Harris or Trump in 2024 presidential election
The International Brotherhood of Teamsters on Wednesday announced it will not formally endorse a candidate in the 2024 presidential election,…
Powell downplays impact of rate cut on Trump-Harris presidential race
Federal Reserve Chair Jerome Powell suggested that Wednesday’s larger-than-expected interest rate cut may have a limited effect on the presidential…
Fed slashes interest rates by a half point, an aggressive start to its first easing campaign in four years
WASHINGTON – The Federal Reserve on Wednesday enacted its first interest rate cut since the early days of the Covid…
