Financials News
Financials may not be the big player it once was, but this sector is still hugely important when it comes to a healthy economy – and a healthy portfolio.
List of Financials News
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Study: Enough rare earth minerals to fuel green energy shift
The world is trying to switch from electricity produced by burning fossil fuels to cleaner wind and solar power, but some people have worried that...
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Filipino workers: Oil company abandoned us in Hurricane Ida
Ten Filipino men who worked for a major offshore oil industry employer under federally granted visas claim in a federal lawsuit they were treated...
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Ford recalls nearly 383K SUVs to fix backup camera problem
Ford is recalling nearly 383,000 SUVs in the U.S. because the touch screens may not display a camera image when backing up
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US inflation and consumer spending cooled in December
The Federal Reserve’s preferred inflation gauge eased further in December, and consumer spending fell — the latest evidence that the Fed’s series...
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AmEx profits fall 9% as customers fall behind on payments
American Express saw its fourth-quarter profits fall by 9%, as the credit card giant had to set aside significantly more money to cover potentially...
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Low-cost fashion chain H&M reports 4th-quarter loss
Low-cost fashion brand H&M says its net profit for the year ending November 2022 fell 68%, while it took a hit of 864 million Swedish kronor ($84...
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Norway's last Arctic miners struggle with coal mine's end
For more than 100 years, people came to the remote Arctic archipelago of Svalbard to work in coal mines
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In Your Debt: How couples can team up on debt repayment
Debts brought into a relationship can be ruinous for couples, but many decide to work as a team to conquer individual debts
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UK Treasury chief: Tax cuts must wait for inflation to fall
Britain’s Treasury chief says taming inflation is more important than cutting taxes
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Adani Group mulls suing US short-seller for fraud claims
India’s Adani Group has launched a share offering for retail investors and says it is considering legal action against U.S.-based short-selling...
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Asian shares edge higher, tracking Wall Street rally
Asian shares have advanced, boosted by a rally on Wall Street following reports suggesting the economy and corporate profits may be doing better...
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5 women, immense power: Can they keep US from fiscal brink?
It’s the first time in history that the four leaders of the two congressional spending committees are women
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House GOP seeks new restrictions on use of US oil stockpile
For the second time this month, House Republicans are seeking to restrict presidential use of the nation’s emergency oil stockpile — a proposal...
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US company gets $120 million boost to make 'green steel'
The manufacture of “green steel” moved a step closer Friday as Massachusetts-based Boston Metal announced a $120 million investment to help it...
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South Korea extends restrictions on travelers from China
South Korea says it will continue to restrict the entry of short-term travelers from China through the end of February over concerns that the...
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Lawsuit: Vegas Strip resorts used vendor to fix hotel rates
A federal lawsuit is seeking class-action damages for countless hotel patrons who booked rooms in Las Vegas since 2019
