Financial Services

Trump lender gets waiver from punishment after conviction

Jan 10, 2018

President Donald Trump's biggest lender won't have to give up part of its business as punishment from a criminal conviction thanks to a temporary reprieve from the administration

Britain presses Germany for Brexit financial services deal

Jan 10, 2018

Britain's Brexit minister and treasury chief say there's no sense in Germany setting up "unnecessary barriers" to trade in goods and services after Britain leaves the European Union

Fed projects $80.2 billion payment to Treasury for 2017

Jan 10, 2018

Federal Reserve says it expects to pay federal government $80.2 billion for 2017 operations

Cyprus: small business loans helped economy from crisis

Jan 10, 2018

Cyprus' finance minister says 269 European Investment Bank loans to small and medium-sized businesses over the last three years have helped the economy rebound from an economic crisis nearly pushed the tiny island-nation into bankruptcy

Sri Lankan lawmakers exchange blows over corruption claims

Jan 10, 2018

Sri Lankan lawmakers have exchanged blows in Parliament during a debate over alleged corruption in a bond issue that has marred the reputation of a government elected on a platform of good governance

World Bank predicts solid 3.1 percent global growth in 2018

Jan 9, 2018

World Bank predicts global economy will grow 3.1 percent in 2018; would be best showing in 7 years

Mexico records 6.77 inflation in 2017, a 17-year high

Jan 9, 2018

Mexican authorities are reporting that the country recorded 6.77 percent inflation in 2017, more than double its 3 percent target and a 17-year high

Get Started: More time to send health care forms to staffers

Jan 8, 2018

The IRS has extended the deadline for employers and insurers to provide 2017 health insurance information forms to employees

Transcripts show Fed divided in 2012 over bond purchases

Jan 5, 2018

Transcripts show Fed divided in 2012 over need for third round of bond purchases to lift economy

Eurozone inflation falls further below central bank target

Jan 5, 2018

Official figures show inflation across the 19-country eurozone dipping modestly in December largely because of a moderation in the pace of growth of energy price rises