(Reuters) – AT&T Inc (T.N) and Dish Network Corp (DISH.O) are not in discussions over a deal due to regulatory issues, a source familiar with the matter said on Wednesday, after the Wall Street Journal reported on.wsj.com/2kS2Hbs the wireless carrier was considering parting ways with its satellite TV division DirecTV. AT&T has also considered a […]
(Reuters) – As if the U.S. Federal Reserve did not already have enough on its plate heading into its meeting on interest rates this week, chaos deep inside the plumbing of the U.S. financial system has thrown policymakers an unexpected curveball. Cash available to banks for their short-term funding needs all but dried up earlier […]
WASHINGTON — Federal Reserve officials are expected to cut interest rates for a second time on Wednesday, a move that could prove divisive among Fed officials and aggravate President Trump’s anger toward the central bank. The Fed's rate decision, which will be announced at 2 p.m. in Washington, will be accompanied by a fresh set […]
TOKYO (Reuters) – Oil prices cooled on Wednesday as Saudi Arabia said full oil production would be restored by month’s end while caution ahead of an expected U.S. interest rate cut kept wider financial markets in tight ranges. European shares are expected to tread water, with pan-European Euro Stoxx 50 futures shedding 0.06%, German DAX […]
Going back to school means worrying about what to wear, deciding what classes to take and, increasingly, knowing what to do if someone appears on campus with a gun. This reality in American classrooms is reflected in a harrowing ad being released on Wednesday from Sandy Hook Promise, a gun safety advocacy group created after […]
TOKYO (Reuters) – Oil prices cooled on Wednesday as Saudi Arabia said full oil production would be restored by month’s end while caution ahead of an expected U.S. interest rate cut kept wider financial markets in tight ranges. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.13 % while Japan’s Nikkei was flat. […]
WASHINGTON (Reuters) – A U.S. banking regulator on Tuesday proposed easing a rule requiring banks to set aside cash to safeguard derivatives trades between affiliates, marking one of the biggest wins for Wall Street lenders under the business-friendly Trump administration. The proposal, by the Federal Deposit Insurance Corporation, could potentially free $40 billion across the […]
TOKYO (Reuters) – Oil prices cooled on Wednesday as Saudi Arabia said the kingdom had fully restored its oil supply following attacks on its crude facilities although caution ahead of an expected U.S. interest rate cut kept wider financial markets in tight ranges. U.S. Treasury yields slipped ahead of an expected interest rate cut by […]
(Reuters) – Wall Street ended higher on Tuesday as the impact of weekend attacks on Saudi Arabia’s biggest oil refinery faded and investors awaited a widely expected Fed interest rate cut on Wednesday. Stocks closed firmly in positive territory after being mixed for much of the session. That helped make up for a hit to […]
Credit card interest rates have reached their highest in at least 13 years, putting shoppers preparing to splash out for Christmas at risk of higher bills. The average annual percentage rate (APR) reached 24.7% in September, according to personal finance data provider Moneyfacts – the highest figure since its records started in June 2006. It […]