Big U.S. banks see higher net interest income as rates rise
By Elizabeth Dilts Marshall NEW YORK – Wells Fargo & Co and JPMorgan Chase & Co reported a rise in net interest income in the first quarter, as the U.S.…
By Elizabeth Dilts Marshall NEW YORK – Wells Fargo & Co and JPMorgan Chase & Co reported a rise in net interest income in the first quarter, as the U.S.…
WELLINGTON – Tighter lending criteria and rising interest rates, coupled with inflation, continue to weigh on house prices and sales activity in New Zealand, the Real Estate Institute of New…
(Reuters) – The U.S. Federal Reserve should quickly get interest rates up to a level where borrowing costs will no longer be stimulating the economy, and should raise them further…
HONG KONG – China’s Zhenro Properties said it has missed interest payments on two offshore bonds and expects four more defaults in the coming months due to the lockdown in…
LIMA – Peru’s central bank raised the country’s benchmark interest rate 50 basis points to 4.5% on Thursday, the highest since 2009, as authorities battle stubborn inflation that has sparked…
(Reuters) – The average interest rate on the most popular U.S. home loan kept climbing last week to stay at more than a three year high, a survey showed on…
FRANKFURT – The European Central Bank could raise interest rates back to zero already this year to fight high inflation, Belgian central bank chief Pierre Wunsch said in a magazine…
RIO DE JANEIRO – The prosecutor’s office at Brazil’s federal audit court (TCU) has asked the court to open an investigation into President Jair Bolsonaro’s appointment of Adriano Pires as…
SYRACUSE, NEW YORK – The Justice Department filed a Statement of Interest today in the U.S. District Court for the Northern District of New York explaining how policies that exclude…
JACKSON TOWNSHIP, OH – If you can identify either of the persons below, please contact Officer Hagge at (330) 834-3960 regarding Case Number 22-12021, or call the anonymous tip line…
– Federal Reserve policymakers will consider speeding up the pace of interest rate hikes this year should high inflation not begin to abate, Federal Reserve Chair Jerome Powell said on…
By Chris Peters -Sycamore Partners is in the early stage of making a possible cash offer for fashion retailer Ted Baker, the private equity firm said on Friday, in the…
Federal Reserve Hikes Interest Rates For First Time In Three Years Harry Wilmerding on March 16, 2022 The Federal Reserve announced Wednesday it would increase interest rates in a series…
By Howard Schneider WASHINGTON – New economic projections from the Federal Reserve this week will show how far and how fast policymakers see interest rates rising this year, in a…
Central Bank Expected To Raise Interest Rates Wednesday Harry Wilmerding on March 14, 2022 The Federal Reserve is expected to raise interest rates after its meeting Wednesday to combat the…
By Chibuike Oguh – Apollo Global Management Inc Chief Executive Marc Rowan said on Tuesday that Russia’s invasion of Ukraine could temper interest rate rises by central banks and that…
NEW YORK, Feb 25 – Short interest on the New York Stock Exchange rose 4.8 percent in mid-February, the exchange said on Friday. As of Feb. 15, short interest rose…
By Vivek Mishra BENGALURU – Australia’s central bank will raise interest rates for the first time in over a decade in the third quarter, slightly earlier than thought a month…
By Shrutee Sarkar BENGALURU – The Bank of Canada will raise interest rates by 25 basis points on March 2, earlier than previously thought and ahead of the U.S. Federal…
ZURICH – Nestle wants to focus on nutrition and metabolism for its health science business rather than building a broad health care portfolio, its chief executive told investors on Thursday.…
– The interest rate on the most popular U.S. home loan surged by the most in nearly two years last week, shooting above the 4% level for the first time…
Republicans Clash With Biden FCC Pick Gigi Sohn Over ‘Truly Stunning’ Inconsistencies, Alleged Conflicts Of Interest
WASHINGTON, D.C. – Detectives from the Metropolitan Police Department’s Homicide Branch seek the public’s assistance in identifying and locating a person of interest in reference to a homicide that occurred on Monday, January…
ANNAPOLIS, MD—Governor Larry Hogan today announced that the State of Maryland will double the reward first announced by the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) Baltimore Field Division for information…
ANKARA – President Tayyip Erdogan repeated his unorthodox economic policy on Saturday, saying interest rates would be lowered further and inflation would fall as a result, days before inflation data…