March 11, 2020

Oil falls as Saudi, UAE plan for higher output capacity

Oil prices fell on Wednesday after Saudi Arabia and the United Arab Emirates announced plans to boost production capacity and OPEC and the U.S. Energy Information […]
March 11, 2020

Exclusive: U.S. SEC steps up scrutiny of private debt ‘financial games’

The top U.S. securities regulator has increased its scrutiny of private funds that make higher-risk loans over the last two years, according to a Reuters review […]
March 11, 2020

Explainer: Coronavirus fears hit the market hard. How much did ordinary Americans lose?

The deep declines in the U.S. stock market over coronavirus fears the last three weeks have left a dent in retirement portfolios and brokerage accounts, costing […]
March 11, 2020

Wall Street tumbles on lack of stimulus details

U.S. stock indexes dropped sharply on Wednesday after attempting a rebound in the previous session, on skepticism around President Donald Trump’s stimulus plan to combat the […]
March 11, 2020

Stock rebound runs out of steam despite emergency BoE cut

The rebound in stocks ran out of steam on Wednesday despite the Bank of England joining other central banks in cutting interest rates, as investors weighed […]
March 11, 2020

Rising food costs lift U.S. consumer prices in February

U.S. consumer prices unexpectedly rose in February but are likely to decline in the months ahead as the coronavirus outbreak depresses demand for some goods and […]
March 11, 2020

Stocks gain after emergency BoE cut adds to stimulus hopes

European stocks rose on Wednesday after the Bank of England joined other central banks in cutting interest rates, raising hopes for more co-ordinated monetary and fiscal […]
March 11, 2020

BoE allows banks to tap capital cushion during coronavirus

The Bank of England told banks on Wednesday they can tap one of their capital buffers to maintain lending during the coronavirus epidemic, but warned they […]
March 11, 2020

Text: Bank of England cuts rates to 0.25% to bolster UK economy

The Bank of England cut its key interest rate to 0.25 percent on Wednesday and announced a raft of other measures to bolster Britain’s economy against […]
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