Tag: Financial services

Department of Justice sues Visa, alleges the card issuer monopolizes debit card markets

NEW YORK -- The U.S. Justice Department has filed an antitrust lawsuit against Visa, alleging that the financial services behemoth uses its size...

Stock market today: Wall Street hangs near its records after Chinese stocks soar

NEW YORK -- U.S. stocks are hanging near their records Tuesday after Chinese stocks soared following a slew of moves by the Chinese...

Asian stocks follow Wall Street's rate-cut rally higher, as BOJ stands pat

HONG KONG -- Asian stocks surged on Friday with Japan’s Nikkei leading regional gains after Wall Street romped to records following the Federal...

Bank of England keeps its main interest rate on hold at 5% in wake of big US Fed rate cut

LONDON -- The Bank of England is widely expected to announce it is keeping interest rates unchanged later Thursday despite a big cut...

UK inflation is steady at 2.2% ahead of Bank of England's next rate decision

LONDON -- The Bank of England is widely expected to keep interest rates unchanged on Thursday, a day after official figures showed inflation...

Stock market today: Global shares trade mixed ahead of Federal Reserve rate decision

TOKYO -- Global shares were mixed Wednesday as investors awaited an expected interest rate cut by the U.S. Federal Reserve, the first in...