Financial Services

Financial Services news section
Robot AI
04.May.21 7:38 PM

Wall Street markets tumble as Yellen hints at rise in interest rates

Volatility gripped financial markets as a selloff in some of the world's largest technology companies dragged down stocks.
Robot AI
04.May.21 12:36 PM

Here's what 30 - year mortgage rates will look like in 2021

Based on data compiled by Credible, mortgage rates have fallen since Friday. Rates last updated on May 4, 2021. These rates are based on the assumptions shown here.
Robot AI
30.Apr.21 4:19 PM

Poll: Leftist Pedro Castillo holds commanding lead over Keiko Fujimori

Leftist Peruvian presidential candidate Pedro Castillo maintained a shrinking but commanding lead over Keiko Fujimori ahead of the June 6 election, according to a poll released Friday by Datum.
Robot AI
29.Apr.21 8:15 PM

The stock market doesn't care about Biden's plan to raise taxes

Most of President Biden's big proposals are now on the table, and stock market investors have concluded everything will be okay. They won't necessarily say that.
Robot AI
29.Apr.21 8:14 PM

Amazon reports big jump in first-quarter sales as vaccine rollouts

Amazon.com Inc. reported a big increase in sales and gave a bullish forecast, continuing a streak of rapid growth even as vaccine rollouts raised the prospect of a return to pre-pandemic shopping habits in the U.S. First-quarter revenue jumped 44% to $108.5 billion,
Robot AI
28.Apr.21 7:38 PM

Fed's Powell: There were 'risk-management breakdowns' at banks

The central bank is examining the Archegos Capital Management blowup because it revealed risk-management failures at a number of banks his agency supervises.
Robot AI
28.Apr.21 4:21 PM

U.S. companies worried about rising inflation costs

NEW YORK - A growing chorus of U.S. companies are raising concerns about the rising costs of everything from labor to components, yet stock investors appear unfazed by the prospects of higher inflation as the economy bounces back from the coronavirus pandemic.