business news

Mārtiņš Kazāks, governor of the Bank of Latvia and a member of the European Central Bank's Governing Council, on Thursday weighed in on the possibility of a jumbo half-point interest rate cut for December.When asked for his views on a…

LONDON — British bank Barclays on Thursday reported £1.6 billion ($2 billion) net profit attributable to shareholders for the third quarter, beating expectations.The result compared with the £1.17 billion net profit forecast in an LSEG…

Shoppers at the shopping street in Hongdae district in Seoul, South Korea, on Saturday, July 2, 2022.Woohae Cho | Bloomberg | Getty ImagesSouth Korea's economy barely grew in the third quarter, missing market expectations, as consumer…

Trond Grande, deputy chief executive officer of Norges Bank Investment Management, during a news conference in Oslo, Norway, on Tuesday, Jan. 30, 2024.Bloomberg | Bloomberg | Getty ImagesNorges Bank Investment Management (NBIM), one of…

Joe Biden and Donald Trump 2024Brendan Smialowski | Jon Cherry | Getty ImagesThe stock market has yet to price in a potential outcome in the presidential election, a rematch between President Joe Biden and former President Donald…

My top 10 things to watch Tuesday, Oct. 22 1. Wall Street was under pressure Tuesday after a down day to start the week that hit the Dow the hardest and broke a three-session winning streak for the 30-stock average. The reason for the…

A bronze bull statue outside the Bombay Stock Exchange (BSE) building in Mumbai, India, on Monday, June 3, 2024. India's stock futures jumped after exit polls indicated a resounding victory for Prime Minister Narendra Modi's ruling party…

Bank stocks have outperformed in recent weeks as investors see an improved regulatory environment if former President Donald Trump returns to the White House, according to Bank of America. The Invesco KBW Bank ETF (KBWB) , which tracks…

HAIAN, CHINA - JANUARY 24, 2024 - A staff member of the personal finance business area of a bank counts and arranges the RMB deposited by customers in the daily account in Haian city, Jiangsu province, China, Jan 24, 2024. (Photo credit…

Traders work on the floor of the New York Stock Exchange on Aug. 14, 2024.Spencer Platt | Getty ImagesThe S&P 500 and the Dow Jones Industrial Average rose to fresh records Monday as investors awaited the next batch of key corporate…