Banking and Financial Institutions

China Cuts Interest Rates to Shore Up Economy Hit by Trade War
China’s central bank cut interest rates and made it easier on Wednesday for banks to increase lending and pump more money into the economy, in the most significant policy...
Trump’s Tariffs Lead Japan to Slash Its Economic Growth Forecast
The growing list of major economies warning of weaker growth because of U.S. tariffs has a new member.The Bank of Japan said on Thursday that it expects the Japanese...
Goldman Sachs Ditches Big Diversity Rule As Wall Street Backs off DEI
Wall Street has not typically been accused of doing too much for women and minority groups. The financial services industry, after all, is one in which more major banks...
What to Watch at the Federal Reserve’s First Meeting of 2025
The Federal Reserve is set to stand pat at its first gathering of 2025, pressing pause on interest rate cuts as policymakers take stock of how the world’s largest...
Howard Lutnick, Trump’s Commerce Nominee, Discloses Business Interests
Howard Lutnick, the wealthy Wall Street executive whom President Trump has tapped to lead the Department of Commerce, detailed a complex network of financial holdings on Friday as he...