Finance News

October 20, 2018

Train mows down crowd at India festival, at least 58 dead

A speeding train ran over a crowd watching fireworks during a religious festival in northern India on Friday evening, killing ...

October 19, 2018

New tax break rules for 'opportunity zone' investors

The Trump administration is proposing rules for investors in a new program that it says could have a big impact on ...

October 19, 2018

China's growth slows as officials try to reassure investors

China reported economic growth sank to a post-global crisis low as finance officials launched a media blitz Friday to shore ...

October 19, 2018

Global government body warns Iran on terrorism financing

A global financial watchdog Force has given Iran until February to crack down on terrorism funding or risk deeper economic ...

October 19, 2018

Italian markets hit by concerns over budget spat

Italy's financial markets are shaken following the European Union's stinging rebuke of the new populist government's budget ...

October 18, 2018

4 tax breaks for teachers

The flood of education-related tax advice that seems to crest during back-to-school season often centers on students or their ...

October 17, 2018

Fed officials discussed hiking rates to 'restrictive' level

Federal Reserve officials last month debated how high they should raise interest rates to achieve their economic goals, with ...

October 17, 2018

Trump ask Cabinet to cut next year's budgets by 5 percent

Dubbing it the "nickel plan," President Donald Trump announced Wednesday that he's asking every Cabinet secretary to cut ...

October 17, 2018

US regulators lift strict oversight of Prudential

A group of federal regulators on Wednesday lifted the strict government oversight imposed on big insurer Prudential Financial ...

October 17, 2018

Australia shifts on refusal to send refugees to New Zealand

The prime minister has signaled that he could accept New Zealand's longstanding offer to resettle 150 refugees exiled to ...

October 17, 2018

Trump escalates his attacks on Fed: 'My biggest threat'

Stepping up his attacks on the Federal Reserve, President Donald Trump declared Tuesday that the Fed is "my biggest threat" ...

October 16, 2018

Trump criticizes Fed for raising interest rates too quickly

President Donald Trump is criticizing the Federal Reserve for raising interest rates too quickly. The recent increase in ...

October 16, 2018

Europe warns of revolt if Italy draft budget accepted

Italy's populist government was heading into a budget battle with the European Union after disregarding pointed warnings to ...

October 16, 2018

Dating site owner to repay $1 million to customers

The company that owns Christian Mingle, Jdate and other online dating sites will pay a $500,000 fine and nearly $1 million ...

October 16, 2018

US budget deficit hits highest level in 6 years

The federal budget deficit has surged to $779 billion in fiscal 2018, its highest level in six years as President Donald ...

October 15, 2018

Bank of America 3Q profits rise 32 percent, beats forecasts

Bank of America said Monday that its third-quarter profits rose by 32 percent from a year ago, as higher interest rates ...

October 14, 2018

Florida insurers to weather effects of Michael, analysts say

Florida's disjointed property insurance system that relies almost exclusively on small and midsize companies will take a ...

October 13, 2018

Analysts: Florida insurers will survive hit from Michael

Florida's disjointed property insurance system that relies almost exclusively on small and midsize companies will take a ...

October 13, 2018

DeVos will not seek further delay of Obama for-profits rule

The Education Department said Friday it will no longer try to delay an Obama-era regulation that helped students defrauded ...