When are those rate cuts coming, already? The European Central Bank may be providing some hints
FRANKFURT, Germany -- The European Central Bank signalled Thursday it could cut interest rates at its next meeting in June,…
Month: April 2024
China sanctions 2 U.S. companies over ‘support for arms sales to Taiwan’
BEIJING -- China on Thursday announced rare sanctions against two U.S. defense companies over what it called their support for…
Stock market today: World stocks mostly lower after hot US inflation data foils rate cut hopes
HONG KONG -- Asia stocks were mostly lower on Friday after gains for Big Tech shares helped U.S. stock indexes…
Instagram begins blurring nudity in messages to protect teens and fight sexual extortion
LONDON -- Instagram says it's deploying new tools to protect young people and combat sexual extortion, including a feature that…
Got kids? Here’s what to know about filing your 2023 taxes
NEW YORK -- There are a few tax tips parents of children 17 and under should keep in mind before…
Ex-Fed chair Ben Bernanke finds ‘significant shortcomings’ in Bank of England’s economic forecasting
A review of the Bank of England’s economic forecasting undertaken by the former chair of the U.S. Federal Reserve has…
JPMorgan reports 6% rise in 1Q profits as bank earnings season begins. Wells Fargo profit falls
NEW YORK -- Big banks warned of an “uncertain” year ahead after mixed financial results during the first quarter in…
Stock market today: Wall Street edges lower in premarket after mixed earnings from big banks
NEW YORK -- U.S. stocks tumbled Friday following a mixed start to earnings reporting season. Worries about potentially escalating tensions…
Ford is under investigation for Bronco Sport gas leaks. US says its remedy doesn’t fix the problem
DETROIT -- The U.S. government's auto safety agency has opened an investigation into a Ford recall for gasoline leaks from…
It’s the first drug shown to slow Alzheimer’s. Why is is it off to a slow start?
The first drug shown to slow Alzheimer’s disease hit the U.S. market over a year ago, but sales have lagged,…