Tag: Financial services

Federal Reserve is set to cut interest rates again as post-election uncertainty grows

WASHINGTON -- Federal Reserve officials are poised Thursday to reduce their key interest rate for a second straight time, responding to a steady...

CVS Health Q3 profit misses estimates, company names new leaders at 2 divisions

CVS Health fell short on third-quarter profit, but it posted strong sales and the health care giant shook up leadership under new CEO...

A courtroom of relief: FBI recovers funds for victims of scammed banker

WICHITA, KANSAS -- Sobs of relief broke out in a federal courtroom in Kansas on Monday as dozens of people whose life savings...

Financial market worries over the UK budget appear to ease

LONDON -- Worries about this week's tax-raising U.K. budget within financial markets appeared to ease Friday with the interest rates charged on British...

Next Week: Trade balance, Fed policy meeting, consumer credit

A look at some of the key business events and economic indicators upcoming Next week.OUT OF BALANCEThe Commerce Department releases its latest monthly...

Average rate on a 30-year mortgage in the US rises for fifth straight week

The average rate on a 30-year mortgage in the U.S. rose for the fifth straight week, returning to its highest level since early...