Tag: Financial services

Capital One sued by US watchdog alleging bank cheated customers out of $2 billion

NEW YORK -- A U.S. watchdog is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts — and...

Stock market today: Wall Street ticks up ahead of latest inflation data, start of earnings season

Wall Street pointed modestly higher early Tuesday ahead of new data on inflation and the kickoff to earnings season.Futures for the S&P 500...

Federal Reserve officials at December meeting expected slower pace of rate cuts ahead

WASHINGTON -- Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in...

Stock market today: Wall Street ends little changed after giving up a big morning gain

NEW YORK -- An early rebound for U.S. stocks petered out by the end of the day, leaving indexes close to flat. The...

Iran's rial hits a record low, battered by regional tensions and an energy crisis

TEHRAN, Iran -- The Iranian rial on Wednesday fell to its lowest level in history, losing more than 10% of value since Donald...

Why is tech giant SoftBank investing over $100 billion in the US?

BANGKOK -- Japanese tycoon Masayoshi Son and President-elect Donald Trump have announced plans for technology and telecoms giant SoftBank Group to invest $100...