Tag: Financial services
Stock market today: Asian shares gain as China releases plan for market support
BANGKOK -- Asian shares have mostly gained after China’s central bank released plans for supporting the stock market through share repurchases by companies...
Elevance makes a late cut to its 2024 forecast after seeing trouble in Medicaid
Shares of Elevance tumbled early Thursday after the insurer said rising Medicaid costs prompted a 2024 forecast cut less than three months before...
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...