Bank of England prepares new stress test scenarios to be given to UK's biggest banks in preparation for any sudden slowdown in foreign interests in UK assets. The Brexit vote last year has triggered a sharp drop in the value of the pound.
Wall Street notes many people are starting to buy their drinks at Dunkin' Donuts instead of the popular caffeine company Starbucks. Dunkin' Brands' shares, which houses Dunkin' Donuts, went up 10 percent this year and 25 percent over the past 12 months.
Uber Technologies Inc. is suspending its self-driving cars after one of its autonomous vehicles was involved in an accident in Tempe, Arizona. This is the latest incident from the company that is facing one controversy after the other.
The brands told reporters on Thursday that they were pulling either some or all of their ads from Google-partnered websites. This comes after they were being alerted that their ads were still appearing next to extremist videos even after when YouTube has apologized for the matter.
Travel site Expedia just named Hillary Clinton's daughter, Chelsea Clinton, as a member of its board on Thursday. Clinton will be paid in accordance with the company's standard compensation policies for board members.
The jewelry retailer's results were consistent with its previously issued guidance for the 2016 fiscal year. Tiffany & Co. names Roger Farah, James Lillie and Francesco Trapani as directors effective last Mar. 6.
Samsung Electronics chief says sorry for its involvement in the scandal that led to South Korea's president being impeached. It also announced it would not be changing its corporate structure to use a holding company.
According to the new electronics ban, larger than smartphones such as iPads, Kindles and laptops will have to be checked in so that passengers could clear security and board their flight. The rules will be enforced come March 25.
An airline official says that the electronic ban would affect some airlines flying into the US and would cover devices larger than a cell phone. This is due to a security concern regarding passengers boarding nonstop flights to the US from certain countries.
Sears Holdings Corp. admits overnight its ongoing survival is unlikely and its plan to avoid bankruptcy by selling off or licensing brands may prove difficult.
The US Department of Labor and two subsidiaries of The Walt Disney Co. have reached an agreement to give back $3.8 million in back wages according to a press release statement issued last Friday.
Renault shares plummet more than five percent on Thursday even after the company refused to acknowledge reports that it cheated on emissions tests for decades.
The Westinghouse sale represents the latest in a series of steps Toshiba plans on undertaking to deal with the losses coming from the nuclear unit's ill-fated purchase of a US nuclear power plant construction company in 2015.
Following the pandemic, natural calamities, and major employment shifts, a startling new study on the online news site News Nation shows that 1 in 4 Americans don't have an emergency fund.
Generational wealth is a facet of wealth management that is often misunderstood. Labeled trust fund babies, rich kids, and lucky breaks, those who receive an inheritance from families are rare.
Social media has successfully made it to the mainstream consciousness of over half the global population. DataReportal's latest study shows that over 4.33 billion people worldwide are using some form of social networking site this year. That's why it's no wonder many tech companies are interested in investing or forming the next Facebook, Twitter, or YouTube to capture the hearts and minds of the general population.
Ease of access, freedom to choose in which to invest the money and lines of credit designed according to the needs of consumers, are some of the characteristics that have made consumer credit one of the most important financing products in the world’s market.
While researchers have suggested that individuals who base their self-worth on their financial success often feel lonely in everyday life, a newly published study by the University at Buffalo and Harvard Business School has taken initial steps to better understand why this link exists.
The younger generations are willing to put their money where their mouth is when it comes to sustainable living.
An international research team led by NUST MISIS has developed a new iron-cobalt-nickel nanocomposite with tunable magnetic properties. The nanocomposite could be used to protect money and securities from counterfeiting. The study was published in Nanomaterials.
Bank credit officers are more likely to approve loan applications earlier and later in the day, while 'decision fatigue' around midday is associated with defaulting to the safer option of saying no.
After graduating or leaving college, many students face a difficult choice: Try to pay off their student loans as fast as possible to save on interest, or enroll in an income-based repayment plan, which offers affordable payments based on their income and forgives any balance remaining after 20 or 25 years.