Economy

5-hour Energy billionaire named in Senate Swiss bank tax probe

WASHINGTON — Billionaire 5-hour Energy entrepreneur Manoj Bhargava maintained allegedly undeclared bank accounts worth hundreds of millions of dollars at…

Switzerland becomes first major economy to cut interest rates in surprise move

The Swiss National Bank on Thursday surprised the market with a decision to lower its main policy rate by 0.25…

Fed holds rates steady and maintains three cuts coming sometime this year

The Federal Reserve on Wednesday held interest rates steady as expected and signaled it still plans multiple cuts before the…

Bank of England set to hold rates, but falling inflation brings cuts into view

LONDON — The Bank of England is widely expected to keep interest rates unchanged at 5.25% on Thursday, but economists…

European Central Bank’s Lagarde signals June cut but says future rate path uncertain

European Central Bank chief Christine Lagarde on Wednesday reiterated that policymakers will consider bringing interest rates down in June, but…

Here’s everything to expect from the Federal Reserve’s policy meeting Wednesday

The Federal Reserve has a lot to do at its meeting this week, but ultimately may not end up doing…