Tag: Featured

December 11, 2019

WASHINGTON — The Federal Reserve is expected to leave interest rates unchanged at its final meeting of the year on Wednesday as officials wait to see how the economy fares after they cut rate three times in 2019. The Fed […]

December 11, 2019

The CEOs of America’s biggest companies say they expect to hire fewer people and invest less in the next six months owing to lingering worries about the economy. The Business Roundtable on Wednesday said an index that measures CEOs’ outlook […]

December 10, 2019

Tighter government climate regulations by 2025 could wipe up to $2.3 trillion off the value of companies in industries ranging from fossil fuel producers to agriculture and car makers, an investor group warned in a report. Rules aimed at lowering […]

December 9, 2019

U.S. commercial insurance prices accelerated during the third quarter of 2019, as the aggregate price change reported by carriers exceeded 4%, according to insurance broker Willis Towers Watson. WTS’s Commercial Lines Insurance Pricing Survey (CLIPS) survey compared prices charged on […]

December 5, 2019

A transition away from Libor – which has been tarnished by rigging scandals – remains one of the largest challenges facing the industry. The Financial Stability Board’s (FSB) Official Sector Steering Group (OSSG) coordinates international efforts on benchmark reform and […]

December 4, 2019

Investor Peter Boockvar expects President Donald Trump won’t spoil Wall Street’s Christmas by launching tariffs. But it may only be a temporary reprieve. “I do not believe that they will follow through with the December tariffs,” Bleakley Advisory Group’s chief […]

December 3, 2019

Try to imagine a market scenario where chip stocks hit a wall and tumble 50%, or the fallout as President Donald Trump slaps a tax on foreign earnings of American companies. Outrageous you say? Welcome to Saxo Bank’s annual rite […]

December 2, 2019

In the past year, we’ve seen technology play a huge part in shaping the banking industry landscape, from emerging fintechs to new solutions facilitated by Open Banking to the latest AI tools. With such progression happening throughout the sector, we […]

December 2, 2019

Resurgent optimism about the future of U.S. trade policy, along with a surprise spike in optimism about technological changes, helped lift confidence among small business owners, according to the fourth-quarter 2019 CNBC/SurveyMonkey Small Business Survey. The CNBC/SurveyMonkey Small Business Confidence […]

November 27, 2019

The U.S. economy grew at a moderate 2.1% rate over the summer, slightly faster than first estimated. But many economists say they think growth is slowing sharply in the current quarter. The Commerce Department says the July-September growth rate in […]