Tag: Financial services
UK inflation spikes to a 10-month high, likely to worry the Bank of England
LONDON -- Inflation in the U.K. rose to a 10-month high in January, official figures showed Wednesday, an increase that will likely diminish...
What does having the Consumer Financial Protection Bureau on hold mean for consumers?
NEW YORK -- The Consumer Financial Protection Bureau, which Congress established to monitor credit card companies, mortgage providers, debt collectors and other segments...
Trump's comments won't affect interest rate decisions by the Fed, Powell says
WASHINGTON -- Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump's calls for lower interest rates won't lead the central bank...
CVS Health steers through rising insurance costs in a strong fourth quarter
CVS Health steered through rising costs in its insurance division to handily beat profit expectations on Wall Street.The drugstore chain and pharmacy benefits...
Little to no relief from high borrowing costs expected as Fed Chair Powell heads to the Hill
WASHINGTON -- The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more...
Trump administration orders consumer protection agency to stop work, closes building
WASHINGTON -- The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down an agency...