Monday, September 21, 2020
Tags Financial services

Tag: financial services

WSJ News Exclusive | Largest U.S. Car Insurer State Farm Rolls...

The nation's biggest car insurer, State Farm Mutual Automobile Insurance Co., is slashing $2 billion of premiums owed on 40 million vehicles, making it...

Exclusive: Fed is ‘throwing money in the wrong place,’ says Sheila...

Sheila Bair, a top U.S. banking regulator during the 2007-'08 global financial crisis, said the Federal Reserve needs to quickly shift its focus to...

Goldman’s bear case just got a lot more bearish amid ‘unprecedented’...

Clearly, Friday's huge rally didn't mark the bottom of this tumbling stock market, with the Dow Jones Industrial Average more than 2,500 points to...

SoftBank Plans $4.8 Billion Share Buyback Following Pressure From Elliott

TOKYO-SoftBank Group Corp. said it would spend as much as ¥500 billion ($4.8 billion) to buy back up to 7% of its own shares,...

History says stock market unlikely to be rescued by emergency interest...

Stock-market bears say the coronavirus pandemic is a problem central bankers are ill-equipped to fix. History suggests the U.S. stock market may take a...

Fed cuts rates for third meeting in a row, signals pause

By BloombergFed Chairman Jerome Powell said monetary policy 'is in a good place.'The Federal Reserve cut its benchmark interest rate for the third...

Why the Fed needs to keep chopping interest rates, according to...

ByIt's Fed day, and the overwhelming (but not universal) consensus is that the U.S. central bank will cut interest rates by a quarter-point...

Can the stock market march higher without the promise of more...

ByLarge-capitalization U.S. stocks have hit a new high this week, and significant credit for this feat can be given to the Federal Reserve....

Venmo to add cash-back rewards for users of its debit card

PayPal Holdings Inc.'s Venmo brand is adding cash-back rewards for users of its debit card in a further bid to entice users to try...

Trump administration says it will penalize fewer banks who violate FHA...

ByThe Trump administration is revising its approach to regulating lenders who provide loans insured by the Federal Housing Administration in a bid to...