Tag: Financial services
China redoubles first-aid for its economy with support for banks and workers
China is redoubling its first-aid for its economy, targeting banks, workers and poor families as the ruling Communist Party prepares to mark the...
How much will Southwest Airlines change to boost profits? Some details are emerging
DALLAS -- Leaders of Southwest Airlines are set to explain how they plan to remodel the airline to change with consumer tastes --...
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...