News

Bank of America now allows companies to lock in foreign exchange (FX) rates for up to one year. The Guaranteed FX Rates offering simplifies the management of FX risk associated with cross-border payments and receipts, mitigates…

Financial regulators just shut down a bank in Oklahoma, marking the second US bank failure of 2024. The First National Bank of Lindsay has been shuttered by the Office of the Comptroller of the Currency. The agency says it…

Farm now recovering after fire kills several animals Farm animals in Bartow County have a long road to recovery ahead of them after a fire ripped through their barn last week. The blaze killed several ducks, chicken, and quails. Three…

Recent challenges in key markets, particularly China and the Middle East, have significantly impacted sales for major corporations like Procter & Gamble, which reported a 1% decline in first-quarter net sales, to $21.7…

America’s economy is in a better place than previously thought, new Fannie Mae research shows. The mortgage company’s Economic and Strategic Research (ESR) Group released these findings Thursday (Oct. 17), based on annual…

Nasdaq has introduced technology to calculate investment portfolio risk using machine learning. The new functionality, announced Thursday (Oct. 17), will be woven into Nasdaq’s Calypso platform, used by banks, insurers and other…

Former House Speaker Nancy Pelosi is notoriously wealthy from making massive stock trades while in Congress, but she's not the only lawmaker cashing in.Officially, lawmakers are not allowed to trade stocks using information learned on…

This is CNBC's live blog covering European markets. European stocks are heading for a positive open Tuesday, with global markets broadly tracking gains on Wall Street. The U.K.'s FTSE 100 index is expected to open 40…

Market Overview Today's session saw a broad rally on below-average volume at the NYSE. The S&P 500 rose by 0.8%, while the Dow Jones Industrial Average increased by 0.5%, both extending further into record territory. The Nasdaq…

Investors have now deposited a record $6.47 trillion into money market funds, according to a new report. In the last week alone $11 billion has entered the funds, reports Bloomberg, citing data from the Investment Company…