Financial Services

Core inflation jumped a sharp 0.3 percent in December

Jan 12, 2018

Core inflation posted 0.3 percent increase in December, the biggest rise in 11 months

Wells Fargo 4Q results rise 17 pct; posts gain from tax bill

Jan 12, 2018

Consumer banking giant Wells Fargo is saying its fourth quarter results rose 17 percent from a year ago, as the bank recorded several one-time charges and benefits to its results

Euro surges amid German government hopes; stocks solid

Jan 12, 2018

The euro surged to three-year highs against the dollar Friday amid signs that the European Central Bank is readying to rein in its stimulus sooner than many in the financial markets had been predicting

JPMorgan Chase 4Q results fall 37 percent, due to tax charge

Jan 12, 2018

JPMorgan Chase's fourth quarter results fall 37 percent from a year ago, caused by one-time charge due to the recently passed Trump tax bill

Wall Street's Goldman Sachs to offer home improvement loans

Jan 12, 2018

Bulge bracket investment bank Goldman Sachs is to begin offering non-secured home improvement loans to borrowers this month, its latest expansion into a business _ consumer lending _ that the Wall Street titan has long shunned.

Wall Street's Goldman Sachs to offer home improvement loans

Jan 12, 2018

Bulge bracket investment bank Goldman Sachs is to begin offering non-secured home improvement loans to borrowers this month, its latest expansion into a business _ consumer lending _ that the Wall Street titan has long shunned.

Fund manager Q&A: What to expect from muni bonds in 2018

Jan 11, 2018

Peter Hayes, head of the municipal group at BlackRock, recently talked about what investors can expect in 2018

European Central Bank looks to review stimulus duration

Jan 11, 2018

Top officials at the European Central Bank at their last meeting remained wary of prematurely signaling the next steps in an expected exit from their monetary stimulus polices

Vietnam prosecutors seek jail terms for former oil execs

Jan 11, 2018

Vietnamese prosecutors are seeking long jail terms for former oil company executives accused of mismanagement or embezzlement, including a former senior Communist Party official and an official whom government agents allegedly kidnapped from Germany

China: Report buying of US debt might stop is 'fake news'

Jan 11, 2018

China's foreign exchange regulator has challenged a news report that it might slow or stop purchases of U.S. Treasury debt due to trade tensions with Washington as "fake news."

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