Tag: Financial services

Sweden cuts its key rate by 0.5 percentage points to 2.75%, the largest reduction in over a decade

STOCKHOLM -- Sweden’s central bank on Thursday cut its key interest rate by half a percentage point to 2.75% in what was described...

Bank of England is set to cut interest rates despite potential new inflation worries

LONDON -- The Bank of England is set to cut interest rates later Thursday for the second time in three months, as inflation...

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...