Finance News

February 22, 2019

Fed will be 'patient' in rate hikes amid global growth woes

The Federal Reserve said Friday that in light of a slowing global economy and last year's financial market turmoil, the ...

February 22, 2019

Pakistan's army strips ex-spy chief of pension over book

Pakistan's army has stripped a former spy chief of his pension and other benefits over a book he co-authored with his former ...

February 21, 2019

Applications for US jobless benefits fell to a low 216,000

Fewer Americans sought unemployment benefits last week, a sign that layoffs declined and hiring is likely strong. The Labor ...

February 20, 2019

Brazil's president: Workers must put in more years to retire

President Jair Bolsonaro on Wednesday proposed making Brazilians work longer before they can receive a pension, a signature ...

February 20, 2019

South Africa to loan $5 billion to ailing state power firm

South Africa's minister of finance says that the government will loan the troubled state power company, Eskom, 69 billion ...

February 20, 2019

Budget carrier FlyDubai ends 2018 with $43.5M loss

Dubai's government-owned budget carrier FlyDubai said Wednesday its revenues increased to $1.7 billion in 2018, though the ...

February 19, 2019

Haitians seek water, food as businesses reopen after protest

Businesses and government offices slowly reopened across Haiti on Monday after more than a week of violent demonstrations by ...

February 19, 2019

Liz Weston: Are you picking the wrong money goals?

Setting smart, achievable goals is important if you want to take charge of your financial life. But many of us are ...

February 19, 2019

New Zealand plans new tax for giants like Google, Facebook

New Zealand's government plans a new tax targeting online giants like Google and Facebook that earn plenty of money in the ...

February 19, 2019

2020 hopeful Warren to unveil universal child care plan

Sen. Elizabeth Warren is planning to unveil a universal child care plan that would guarantee American families access to ...

February 18, 2019

China seizes $1.5 billion in online lending crackdown

Chinese police have investigated 380 online lenders and frozen $1.5 billion in assets following an avalanche of scandals in ...

February 18, 2019

For sake of pupils' pupils, China to ban homework on apps

An eastern Chinese province plans to ban teachers from assigning homework to be completed on cellphone apps as part of ...

February 17, 2019

Shanahan says he hasn't determined amount for border wall

The acting secretary of defense said Saturday he has not yet determined how much money he will redirect to President Donald ...

February 16, 2019

Trump declaration faces uncertain fate in coming court fight

Let the lawsuits begin. President Donald Trump declared a national emergency along the southern border Friday and predicted ...

Robert Lighthizer, Steven Mnuchin, Xi Jinping, Liu He

February 15, 2019

Trump says he might extend deadline in US-China talks

President Donald Trump said that "there's a possibility" he would extend a March 2 deadline in trade talks with China if the ...

February 15, 2019

Spain to get 3rd gov't in 4 years amid fragmenting politics

Spain will elect its third government in less than four years after Prime Minister Pedro Sanchez's fragile socialist ...

February 14, 2019

Report finds problems with student loan servicing, oversight

The nine companies and organizations tasked with servicing the accounts of the nation's 30 million student loan borrowers ...

February 14, 2019

US unemployment claims rise by 4,000 to 239,000

The number of Americans applying for unemployment benefits rose last week but remains at levels low enough to show that most ...

February 14, 2019

Parkland massacre survivors privately mourning anniversary

The communities and families terrorized by the Marjory Stoneman Douglas High School massacre will spend Thursday's ...