Banking and Financial Institutions – The United State Media

World Economic Forum Investigating Allegations Against Founder Klaus Schwab

Reporter USMay 14, 2025

The World Economic Forum, the organization behind the annual gathering of world leaders in Davos, Switzerland, is investigating allegations of improper behavior by its founder, Klaus Schwab. The board of the World Economic Forum opened an inquiry into Mr. Schwab in April after receiving a letter, anonymously attributed to current and former staff members, claiming […]

The Stock Market’s Boomerang Month Has Put Investors in a Bind

Reporter USMay 13, 2025

The stock market is now higher than before President Trump’s broad and steep tariffs sent share prices into a tailspin. The 10-year government bond yield is now largely in line with where it started the year. On Tuesday, a widely watched measure of inflation nudged lower. Judging from a snapshot of today’s financial markets, it […]

Fed Official Still Bracing for Economic Slowdown Despite China Tariff Pause

Reporter USMay 12, 2025

A temporary reprieve in trade tensions between the United States and China has reduced, but not eliminated, the odds of a shock to the economy that carries a whiff of stagflation, a top official at the Federal Reserve warned on Monday. Austan D. Goolsbee, president of the Federal Reserve Bank of Chicago, said that tariffs […]

Remarrying in Retirement Can Mean Tricky Money Talks

Reporter USMay 10, 2025

Marriage inevitably involves financial compromises both small and large. Joint or individual checking accounts? How much is too much to spend on a car? Name-brand or store-brand groceries? When a couple remarries late in life, the stakes get higher. How should the expenses for those bucket-list retirement trips be divided? Whose name goes on the […]

Worried About the Economy Amid Trump’s Tariffs? Building an Emergency Fund Can Help.

Reporter USMay 10, 2025

How much should I save in an emergency fund? Vanguard, the big mutual fund company, suggests setting aside $2,000, or half of one month’s expenses, whichever is greater, as a buffer to cover unexpected but common “shocks,” like a car or home repair or medical bill. Then, to protect against a possible job loss, it […]

The Fed Could Be on Hold Until September, Economists Say

Reporter USMay 9, 2025

More than 20 times during a roughly 45-minute news conference on Wednesday, Jerome H. Powell, the chair of the Federal Reserve, referenced the idea of waiting to see how President Trump’s policies would ripple through the economy before taking any action on interest rates. Mr. Powell, who spoke after the Fed opted to extend a […]

Toyota Says Tariffs Will Erase .3 Billion in Profits in Just 2 Months

Toyota Says Tariffs Will Erase $1.3 Billion in Profits in Just 2 Months

Reporter USMay 8, 2025

A year ago, the world’s biggest automaker was on a tear. American consumers were snapping up Toyota Motor’s hybrids, and a weak yen inflated the value of the company’s earnings. That May, Toyota reported the highest annual profit ever recorded by a Japanese firm. On Thursday, Toyota presented a significantly more somber outlook, projecting that […]

What the Fed’s Rate Decision Means for Loans, Credit Cards, Mortgages and More

Reporter USMay 7, 2025

The Federal Reserve is expected to keep its key rate steady on Wednesday, after a series of cuts that lowered rates by a full percentage point last year. That means consumers looking to borrow are likely to have to wait a bit longer for better deals on many loans, but savers will benefit from steadier […]

What to Watch at the Federal Reserve’s May Meeting

Reporter USMay 7, 2025

The Federal Reserve is set to extend its pause on interest rate cuts on Wednesday amid concerns that President Trump’s tariffs will unleash fresh inflationary pressures while also hurting growth, a tricky combination that could lead to painful trade-offs for the central bank. A decision to stand pat would keep interest rates at 4.25 percent […]

China Cuts Interest Rates to Shore Up Economy Hit by Trade War

Reporter USMay 7, 2025

China’s central bank cut interest rates and made it easier on Wednesday for banks to increase lending and pump more money into the economy, in the most significant policy steps taken by Chinese officials to limit the impact of the trade war with the United States. The central bank, the People’s Bank of China, cut […]

Robert Jenrick wants fare-dodgers video to ‘shame people into action’

Tariff ruling doesn’t really change US-UK deal

Police drop rape case against ex-MP Crispin Blunt

Social housing complaints soar and watchdog warns of ‘simmering anger’

Government fast-tracks new reservoirs to secure water supply

More than £1bn earmarked for battlefield tech

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Category: Banking and Financial Institutions

World Economic Forum Investigating Allegations Against Founder Klaus Schwab

The Stock Market’s Boomerang Month Has Put Investors in a Bind

Fed Official Still Bracing for Economic Slowdown Despite China Tariff Pause

Remarrying in Retirement Can Mean Tricky Money Talks

Worried About the Economy Amid Trump’s Tariffs? Building an Emergency Fund Can Help.

The Fed Could Be on Hold Until September, Economists Say

Toyota Says Tariffs Will Erase $1.3 Billion in Profits in Just 2 Months

What the Fed’s Rate Decision Means for Loans, Credit Cards, Mortgages and More

What to Watch at the Federal Reserve’s May Meeting

China Cuts Interest Rates to Shore Up Economy Hit by Trade War

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