Tag: Financial services

What investors should do when there is more volatility in the market

NEW YORK -- U.S. stocks are bouncing back after the market experienced its worst day in two years on Monday, but the average...

Financial markets around the globe are falling. Here's what to know about how we got here

NEW YORK -- Markets on Wall Street and around the world are in a mini-panic. Worried about a slowing U.S. economy, investors sent...

Warren Buffett surprises by slashing Berkshire Hathaway's longtime Apple stake in second quarter

OMAHA, Neb. -- Investor Warren Buffett 's company recorded a $47 billion gain on stock sales during the second quarter as he slashed...

Alabama woman pleads guilty to defrauding pandemic relief fund out of $2 million

MONTGOMERY, Ala. -- An Alabama woman has pleaded guilty to federal wire fraud and money laundering charges for fraudulently claiming nearly $2 million...

Bank of England mulling first interest rate cut since early days of COVID-19 over 4 years ago

LONDON -- Borrowing costs in the U.K. could be cut Thursday for the first time since the onset of the coronavirus pandemic more...

Bank of Japan raises its key interest rate, aiming to curb yen's slide against the dollar

TOKYO -- The Bank of Japan raised its key interest rate Wednesday to about .25% from zero to about 0.1%, acting to curb...