How higher Fed rates stand to affect Americans’ finances
WASHINGTON (AP) — Record-low mortgages below 3% are long gone. Credit card rates will likely rise. So will the cost…
Fed raises key rate by a half-point in bid to tame inflation
WASHINGTON (AP) — The Federal Reserve intensified its fight against the worst inflation in 40 years by raising its benchmark…
StanChart Pay Plans For Top Bosses Pass; Sizeable Minority Protest
LONDON (Reuters) -Standard Chartered’s pay plans for top executives were approved by shareholders on Wednesday, but a sizeable minority of…
Companies Count The Cost Of Ditching Russia
(Reuters) – Multinationals that announced their exit from Russia, or suspension of activities there, after Moscow’s invasion of Ukraine on…
Nissan Says It Will Invest More Than $700 Million In Mexico
MEXICO CITY (Reuters) – Japanese automaker Nissan Motor Co said on Wednesday it will invest more than $700 million in…
Tupperware struggles in Q1, withdraws guidance, taps new CFO
Tupperware’s turnaround isn’t exactly going as planned, with inflation, COVID-19 and Russia’s invasion of Ukraine all weighing on the consumer…
Inflation Pushing More Borrowers With Low FICO Scores To Default -study
NEW YORK (Reuters) – Soaring inflation pushing the price up for everyday items like gas and groceries in the United…
Moderna Q1 profit triples on robust COVID vaccine sales
COVID-19 vaccine sales helped Moderna triple its net income in a better-than-expected first quarter. The vaccine maker said Wednesday that…
Intuit To Pay $141 Million To Settle TurboTax Deception Claims
By Jonathan Stempel NEW YORK (Reuters) -Intuit Inc agreed to pay $141 million in restitution to settle claims by all…
Markets Mostly Quiet Ahead Of Fed Decision, Crude Jumps
By Herbert Lash and Huw Jones NEW YORK/LONDON (Reuters) -U.S. and European equities mostly wavered on Wednesday while Treasury yields…