Financial Services

The Latest: Victims' attorney: PG&E $11B settlement positive

Sep 13, 2019

An attorney representing hundreds of California wildfire victims says Pacific Gas & Electric agreeing to pay $11 billion in a settlement with a group of insurance companies is a step in the right direction

Senate approves Trump nominee Bowman for Federal Reserve

Sep 12, 2019

Senate approves Trump nominee Bowman for Fed board seat

The Fed and ECB aim to avoid downturns but with limited ammo

Sep 12, 2019

Fed and European Central Bank fight against slowing global growth with limited ammo

Officials spar with senators over plan for mortgage giants

Sep 10, 2019

Trump administration officials are defending their plan to Congress for ending government control of mortgage finance giants Fannie Mae and Freddie Mac, clashing with Democratic senators on whether the change would raise home borrowing costs

Asian shares mixed as investors look ahead to rate decisions

Sep 10, 2019

Asian shares are mixed after a day of listless trading on Wall Street as investors awaited signs on global interest rates

US stocks edge higher following mixed jobs report

Sep 6, 2019

Stocks edged higher on Wall Street in midday trading Friday as investors weighed new data showing U.S. employers added fewer than expected jobs in August even as the unemployment rate remained near the lowest level in five decades

Ivanka Trump meets with female entrepreneurs in Argentina

Sep 5, 2019

Ivanka Trump has met with female entrepreneurs in the Argentine province of Jujuy as part of her five-day tour of South America

Argentina decrees restrictions on currency purchases

Sep 1, 2019

Argentina's government has decreed that Argentines will need authorization from the central bank to buy U.S. dollars in some cases and make transfers abroad as it tries to prop up its peso currency

Doctor charged with murder sues over coverage of legal costs

Aug 30, 2019

The Ohio doctor who pleaded not guilty to murder in the deaths of 25 hospital patients is suing his former employer's parent company for not covering his criminal defense costs

Tesla heads down new road with car insurance in California

Aug 28, 2019

Tesla owners in California can now buy insurance policies from the electric car company in what may be first step toward providing coverage for a fleet of driverless taxis

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