U.S. consumer prices were unchanged in September and underlying inflation retreated, supporting expectations the Federal Reserve will cut interest rates in October for the third time this year amid risks to the economy from trade tensions.
WeWork's India franchise has seen talks with existing backer ICICI Bank on $100 million in new funding break down since The We Company's botched stock market launch and is in discussions on raising $200 million from other investors, the venture's chief shareholder Jitu Virwani said on Thursday.
Finextra | Oct 8, 2019 The Swiss National Bank (SNB) is working with the Bank for International Settlements (BIS) on an innovation hub in Switzerland that will initially focus on research into digital central bank money and distributed ledger technology. The SNB is working with SIX on the research, embarking on a proof of concept
No-deal Brexit tariffs of 10% on cars would be unsustainable for Nissan in Europe, where the carmaker's operations include a British and Spanish plant, the Japanese firm warned on Thursday.
With interest rates on some of these cards hovering around 30%, it's important to know exactly what you're agreeing to if you sign up for one.
Oil prices rose on Thursday as OPEC indicated that all options were on the table to balance oil markets and that it would take a decision in December on supply for next year.
U.S. stocks rose on Thursday after President Donald Trump confirmed he would meet Chinese Vice Premier Liu He on Friday for further trade talks, adding to optimism following a report that China was willing to reach a deal.
CarefulCents | Ryan Friend | Sep 17, 2019 Of all the types of insurance out there, health insurance is perhaps the most important. After all, without our health, it’s difficult to do much else in life. However, in the United States, which relies mostly on a private health insurance system, costs are high, and it’s
U.S. President Donald Trump said on Thursday he will meet with Chinese Vice Premier Liu He at the White House on Friday, the second of two-days of high-level U.S. China trade talks aimed at averting scheduled increases in U.S. tariffs on Chinese goods.
Lock up periods are expiring for new IPOs, which could introduce a new layer of pressure for some already struggling stocks this year.
No-deal Brexit tariffs of 10% on vehicles would be unsustainable for Nissan in Europe, where it runs Britain's biggest car factory, the Japanese company warned on Thursday.
Chinese Vice Premier Liu He said on Thursday that China is willing to reach agreement with the United States on matters that both sides care about so as to prevent friction from leading to any further escalation, the state news agency Xinhua reported.
Fidelity Investments on Thursday eliminated commissions on online trades of U.S. stocks, exchange traded funds (ETFs) and options, becoming the latest brokerage to cut trading fees to compete with new entrants in the market.
Coindesk | David Pan | Oct 9, 2019 Mutual fund giant Vanguard has partnered with Nasdaq Ventures-backed blockchain startup Symbiont to develop a trading platform for the $6 trillion currency market, the companies said. With the new platform, Vanguard, which manages $5.2 trillion, aims to lower transaction costs for the trillions of dollars worth of
While the bull market has helped financial advisory firms recover from the fallout of the Great Recession, technology, demographics and regulatory confusion are continuing challenges.