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Finance News

July 16, 2018
Egypt's parliament passes contentious bills regulating media
Egypt's parliament has passed three controversial draft bills regulating the press and media. The draft bills, which won the ...
July 16, 2018
Bank of America 2Q profits boosted by tax law, higher rates
Bank of America's second-quarter profits jumped 33 percent from a year earlier, the company said Monday, as like nearly all ...
July 16, 2018
Financial forum: Virtual currencies need close monitoring
An international forum on financial regulation say virtual currencies such as bitcoin do not currently pose a threat to ...
Jerome Powell
July 14, 2018
Federal Reserve projects further gradual hikes in key rate
The Federal Reserve said Friday it expects low unemployment and rising inflation will keep it on track to raise interest ...
July 13, 2018
JPMorgan's profits rise 18 percent, helped by lower taxes
JPMorgan Chase's second-quarter profits rose by 18 percent from a year ago, as the nation's largest bank by assets and ...
July 13, 2018
Watchdog says Education Dept. stonewalls student loan suit
The nation's consumer watchdog agency is accusing the Education Department of impeding a lawsuit that could potentially bring ...
Jerome Powell
July 13, 2018
Fed Chair Powell says economy in 'good place' at moment
Federal Reserve Chairman Jerome Powell said Thursday that the economy is in a "good place" at the moment with low ...
July 12, 2018
US budget deficit totals $74.9 billion in June
The federal government recorded a $74.9 billion deficit in June, a month when the government often runs a surplus, as ...
July 12, 2018
Uber to give Czech authorities details for tax purposes
Uber is to give the Czech Republic's finance ministry information on its drivers' activities so the proper amount of tax is ...
Brett Kavanaugh, Rob Portman, Donald Trump
July 12, 2018
Kavanaugh reports relatively modest finances, debt repayment
The vetting of Supreme Court nominee Brett Kavanaugh is just beginning, but his public financial disclosures make one thing ...
July 12, 2018
Senate calls for more say on tariffs in bipartisan vote
Lawmakers went on record Wednesday to express their frustration with the Trump administration's growing use of tariffs as the ...
July 09, 2018
ECB head Draghi: Trade protectionism is main risk to economy
European Central Bank head Mario Draghi says that new trade barriers are the main risk to Europe's economy and that it's up ...
Mahatir Mohamad
July 06, 2018
Malaysia's Mahathir to visit China for talks on projects
Prime Minister Mahathir Mohamad said Friday he will visit Beijing next month to renegotiate terms for China-backed rail and ...
July 06, 2018
TSA-Approved ways to shorten the airport screening line
The summer air travel season is shaping up to be the busiest ever, which could mean lengthy lines at U.S. airport security ...
July 05, 2018
Fed officials discuss rate hikes that could slow growth
Federal Reserve officials last month said they expect to keep raising interest rates and suggested that by next year, they ...
Ricardo Rossello
July 05, 2018
Puerto Rico sues control board over budget differences
Puerto Rico's government sued a federal control board on Thursday to resolve a disagreement over two competing budgets that ...
July 05, 2018
Global stocks rise as investors watch trade tensions
European shares rose Thursday following a German report that the U.S. may propose reducing suggested auto tariffs to zero.
Michael Avenatti
July 05, 2018
Feds say ex-firm of Stormy Daniels' lawyer owes unpaid taxes
The Justice Department says Stormy Daniels' lawyer, Michael Avenatti, made "misrepresentations" in a bankruptcy case ...
Eike Batista
July 03, 2018
Brazilian businessman Eike Batista convicted of corruption
A Brazilian businessman famous for amassing and then losing a multi-billion-dollar fortune has been convicted of corruption ...
July 03, 2018
Puerto Rico governor rejects budget in challenge to board
A disagreement over which budget Puerto Rico will use this fiscal year has deepened as the governor of the U.S. territory on ...
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