Tag: Financial services

European Central Bank poised to cut rates again as inflation drops below target

The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, is expected to cut borrowing costs...

Why you shouldn't store your money in payment apps

NEW YORK -- Connor Tomasko grew up wary of credit cards. As she taught herself more about managing money, she realized that many...

Italy approves tight budget partly funded by a levy on banks and insurers

ROME -- Italy’s far-right government has approved a budget for next year of about 30 billion euros ($33 billion), which officials say will...

UK inflation falls to lowest level in over 3 years, cementing expectations for another rate cut

LONDON -- Inflation in the U.K. has fallen to its lowest level for more than three years, official figures showed Wednesday, a drop...

United Airlines says its third-quarter profit dipped 15% but revenue trends are looking up

United Airlines on Tuesday reported that its third-quarter profit fell 15% from a year ago but revenue trends improved thanks to low-fare carriers...

Hedge fund Elliott calls for Southwest shareholders to meet and vote on its slate of directors

The second largest shareholder of Southwest Airlines on Monday called for special meeting of shareholders to vote on its slate of eight new...