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Finance

‘We should be worried’: Finance leaders warn rising interest rates are squeezing low-income countries

Leaders of several global financial bodies warned that rising interest rates are increasing pressure on low-income developing countries, around 60%…
Finance

UK inflation rate surprises again with March figure holding above 10%

U.K. inflation unexpectedly remained in double-digits in March as households continued to grapple with soaring food and energy bills. The…
Politics

Gensler defends SEC’s crypto crackdown in marathon House hearing

WASHINGTON — Securities and Exchange Commission Chairman Gary Gensler faced a barrage of criticism from House Republicans on Tuesday over his…
Finance

Stocks making the biggest moves after hours: Netflix, United Airlines, Western Alliance, Interactive Brokers and more

Check out the companies making headlines in after hours trading. Netflix — The streaming giant’s shares gained less than 1%…
Finance

Bank of America customers are spending more and that’s supporting U.S. employment, CEO says

Bank of America‘s customers are spending freely on dining, entertainment and other experiences, which in turn supports U.S. employment, CEO…
Politics

Fox to pay Dominion Voting Systems $787.5 million to settle election defamation lawsuit

WILMINGTON, Del. — Fox Corp. and its cable networks agreed Tuesday to pay $787.5 million to Dominion Voting Systems to…
Politics

JPMorgan Chase CEO Jamie Dimon depositions set in Jeffrey Epstein sex trafficking lawsuits

JPMorgan Chase CEO Jamie Dimon can be questioned under oath for up to seven hours over two days in depositions…
Finance

Stocks making the biggest moves midday: Southwest Airlines, Goldman Sachs, Bellus Health and more

Check out the companies making headlines in midday trading. Lockheed Martin – Shares of the aerospace and defense contractor gained…
Economy

Fed Governor Bowman casts doubt on the need for a U.S. digital dollar

Federal Reserve Governor Michelle Bowman expressed skepticism over the possibility of a digital U.S. dollar, noting Tuesday the multiple risks…
Politics

Biden signs executive order expanding access to dependent care aid as he gears up for 2024 bid

WASHINGTON — President Joe Biden signed an executive order Tuesday that aims to expand access to care for children, the elderly…