Bank Weighs
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Financial Times - Business
Bank of England holds rates at 5%
Decision comes after first cut since 2020 last month29 minutes ago -
The New York Times - World
They Said the Virgin Mary Appeared. The Vatican Is Finally Weighing In.
After decades, and controversy, the Vatican has authorized public worship at a shrine in Bosnia, where a once tranquil village has become a major pilgrimage site.1 hour ago -
The Hill - Politics
Voters weigh switch to open primaries amid concerns over political polarization
At least half a dozen states could decide on major changes to their election systems this fall, as organizers push for revamps that would do away with traditional party contests in favor of open, ...2 hours ago -
CNBC - Business
What buying Commerzbank would mean for UniCredit — and the banking sector
Analysts have welcomed the move by UniCredit, particularly because a tie-up between the two banks might spur more M&A activity in Europe's banking sector.5 hours ago -
BBC News - Top stories
UK interest rates expected to be held at 5%
Economists are betting on rates being held in September with a cut to come in November instead.5 hours ago - United Kingdom -
MarketWatch - Business
How low could mortgage rates go now that the Fed has finally started cutting? Economists weigh in.
Here’s what the Federal Reserve’s interest-rate cut means for mortgage rates.8 hours ago - Mortgage -
Financial Times - Business
Inside the Bank of London, the unicorn that had an ‘immediate’ need for cash
Fintech’s short history includes leasing Archegos’s old offices and hiring a convicted fraudster8 hours ago -
MarketWatch - Business
Investors renew focus on inflation data as Fed weighs size of expected September rate cut
Wednesday’s consumer-price index for August may end up being the deciding factor as to whether the Federal Reserve will deliver a bigger-than-usual, 50-basis-point rate cut on Sept. 18.14 hours ago - Federal Reserve -
The Hill - Politics
Trump weighs in on Fed rate cut during stop at Manhattan bitcoin bar
Former President Trump on Wednesday said the Federal Reserve's decision to cut interest rates showed the economy was struggling, or the central bank was "playing politics." Trump made a stop at ...14 hours ago - Donald Trump -
MarketWatch - Business
Moody’s lifts outlook on four big regional banks to stable from negative
The debt outlook for Fifth Third Bancorp, First Citizens Bancshares Inc., Regions Financial Corp. and Huntington Bancshares Inc. has been raised to stable from negative by Moody’s on healthier ...16 hours ago -
The New York Times - Business
Central Banks Around the World Are Cutting Rates
Inflation has fallen in most developed nations, and central bank officials are now trying to steer their economies toward a so-called soft landing.16 hours ago -
Financial Times - Business
UK regulator pushes banks to give savers better value even as rates fall
FCA warns it will take action against any lenders that flout rules to protect depositors20 hours ago - United Kingdom -
Financial Times - Business
EU weighs expanding sanctions on exports to Russia
Officials consider proposal to crack down on shipments to Moscow from European company subsidiaries based overseas20 hours ago - European Union -
ABC News - World
UK inflation is steady at 2.2% ahead of Bank of England's next rate decision
The Bank of England is widely expected to keep interest rates unchanged after official figures showed Inflation in the U.K. holding steady at an annual rate of 2.2% in August, with higher airfares ...22 hours ago - United Kingdom -
ABC News - Entertainment
What will become of Sean 'Diddy' Combs' musical legacy? Experts weigh in following his indictment
Sean “Diddy” Combs is widely recognized as one of the most influential figures in hip-hop, but his indictment Tuesday on sex trafficking and racketeering charges further clouds his legacy22 hours ago -
MarketWatch - Business
Bank of England’s rate cutting on hold after air fares take off
The Bank of England unlikely to join peers in cutting rates this month as it’s stymied by stubborn service sector inflation.23 hours ago -
CNBC - Business
Will the U.S. elections impact crypto markets? Insiders weigh in
Crypto insiders on Wednesday downplayed the importance of of the U.S. presidential race on the market at the annual TOKEN2049 event in Singapore.Yesterday -
BBC News - Top stories
Inflation holds steady despite jump in air fares
Lower fuel prices helped offset the higher cost of flying in the year to August.Yesterday -
BBC News - Top stories
New bank hubs to open but many don't have printers to provide statements
New rules on branch closures take effect but questions remain over the facilities in shared hubs.Yesterday -
The Guardian - World
UK inflation stays at 2.2% as lower petrol prices offset by higher air fares
Annual rate in August unchanged, and hovering above Bank of England’s 2% target. Business live – latest updates The UK’s annual inflation rate rose by 2.2% in August, matching the increase in ...Yesterday - United Kingdom -
Financial Times - World
How extremist settlers in the West Bank became the law
Mobilisation of violent settlers has intensified Palestinians’ fears of attacks and displacementYesterday -
Financial Times - Business
How extremist settlers in the West Bank became the law
Mobilisation of violent settlers has intensified Palestinians’ fears of attacks and displacementYesterday -
Financial Times - Business
US dollar trades in the doldrums as rates and data weigh on outlook
Appreciation of other major currencies such as yen and pound has put downward pressure on the greenbackYesterday -
CNBC - Business
Apple is in talks with JPMorgan for bank to take over card from Goldman Sachs
While the talks are early and could falter, the move could mean that the country's largest credit card issuer may grow even larger.Yesterday - Apple -
NBC News - Top stories
Apple is in talks with JPMorgan for bank to take over card from Goldman Sachs
Apple is in discussions with JPMorgan Chase for the bank to take over the tech giant’s flagship credit card program from Goldman Sachs, a person with knowledge of the negotiations said.Yesterday - Apple -
The New York Times - Business
Banking Deal Oversight to Get a Major Revamp
The F.D.I.C. and the Justice Department are changing how they evaluate mergers and acquisitions in the banking industry.Yesterday -
ABC News - World
Budapest and Poland's Wroclaw reinforce their river banks ahead of more flooding
Soldiers have dropped sandbags from military helicopters to reinforce river embankments and evacuated residents as the worst flooding in years spreads across Central EuropeYesterday -
The New York Times - Business
F.D.I.C. Says Banks Need to Keep a Record of Their Fintech Customers
Banks holding customer funds for money management apps should keep track of customers’ identities and balances, the agency says.Yesterday -
Financial Times - Business
Lib Dems to press Rachel Reeves to raise taxes on banks and wealthy
Ed Davey wraps up party conference saying rich should pay more to fund transformation of NHS and social careYesterday -
Financial Times - Business
Traders step up bets on BoE interest rate cut
Markets price in 35% chance of central bank move this week as expectations of large US rate cut have grownYesterday -
MarketWatch - Business
Despite recent volatility, there are 5 reasons to be optimistic on markets, says Deutsche Bank
A traditionally better fourth quarter and Fed rate cuts should support the stock market rally says DeutscheYesterday -
CBS News - Top stories
Is debt relief worth it as interest rates drop? Experts weigh in
Interest rates on credit cards and loans may begin to drop. So should borrowers still use debt relief services?Yesterday -
The New York Times - Business
How the Fed Cutting Interest Rates Affects Stocks, Banks and More
For corporate America, this week’s expected interest rate cut carries risks along with rewards.Yesterday - Federal Reserve -
The New York Times - Business
F.D.I.C. and Justice Dept. May Get Tougher on Bank Deals
The F.D.I.C. is expected to vote on more stringent new rules for takeovers, while the Justice Department plans to overhaul its own guidelines.2 days ago -
CNBC - Business
India's central bank chief plays down fears of a deposit crunch
Reserve Bank of India Governor Shaktikanta Das raised the issue of slowing bank deposits underperforming an expansion in loans in an interview with CNBC.2 days ago