Tag: Financial services
Trump administration orders consumer protection agency to stop work, closes building
WASHINGTON -- The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down an agency...
Investors can't control tariffs, but they do have a say about the fees they pay
NEW YORK -- All of Wall Street's big recent swings show again how little investors control. When it comes to tariffs, inflation or...
Bank of England expected to cut key UK interest rate to 4.50%
LONDON -- The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday, even...
Trump orders creation of US sovereign wealth fund, says it could own part of TikTok
WASHINGTON -- President Donald Trump on Monday signed an executive order directing the U.S. to take steps to start developing a government-owned investment...
Investors are betting Musk and Tesla will make a fortune under Trump even as threats mount
NEW YORK -- For Elon Musk fans, it’s the half a trillion-dollar bet.That is how much the stock market value of Tesla has...
Georgia Republicans push to limit lawsuits. But would that keep insurance rates from rising?
ATLANTA -- The pitch from Georgia Gov. Brian Kemp is simple: Putting limits on lawsuits will halt rising insurance costs.The reality, though, is...