Tag: Financial services
Russia's central bank raises interest rate to 21% to fight inflation boosted by military spending
MOSCOW -- Russia’s central bank on Friday raised its key interest rate by two percentage points to a record-high 21% in an effort...
Asian stocks are mostly higher, while Japan's Nikkei falls ahead of weekend election
HONG KONG -- Asian stocks were mostly higher Friday aside from in Japan, where investors were awaiting the outcome of an election on...
IMF chief warns that world risks falling into slow-growth rut and urges China to enact reforms
WASHINGTON -- The world economy, buffeted by conflict and growing geopolitical rivalries, is in danger of getting stuck in a slow-growth, high-debt rut,...
Apple and Goldman Sachs must pay $89 million for mishandling Apple Card transactions, CFPB orders
NEW YORK -- A federal regulator on Wednesday ordered Apple and Goldman Sachs to pay a combined $89 million for deceiving consumers and...
Rescued New York Community Bank to lay off 700 at its Flagstar subsidiary
Struggling New York Community Bancorp said Friday that it is cutting 700 jobs at its Flagstar subsidiary as it tries to return to...
CVS Health CEO Lynch steps down as national chain struggles to right its path
CVS Health CEO Karen Lynch has stepped down with company shares sinking 19% this year and the health care giant struggling on several...