Tag: Financial services
In New Orleans, documenting history of iconic Black street
NEW ORLEANS — New Orleans resident Raynard Sanders can detail the many ways Black businesses and culture thrived under the canopy of oak trees...
Saved by online lenders, businesses say they’ll borrow again
NEW YORK — Some small businesses forced to turn to online lenders for pandemic relief are making those niche players a bigger part of...
World Bank allocates $2 billion to fund projects in Sudan
CAIRO — The World Bank said Monday it has allocated $2 billion to cash-stripped Sudan as the transitional government has struggled to address the...
Tribune shareholders to vote on hedge fund Alden’s bid
Shareholders of Tribune Publishing, one of the country’s largest newspaper chains, will vote Friday on whether to be acquired by a hedge fund that...
Angela Missoni resigns after 24 years as creative director
MILAN — Angela Missoni is leaving the role of creative director after 24 years at the Missoni fashion house founded by her parents, Ottavio...
ECB sees elevated risks to financial stability in Europe
FRANKFURT, Germany — The European Central Bank says risks to the stability of companies, banks and financial markets remain “elevated” due to the uneven...
EXPLAINER: Why has the price of Bitcoin been falling?
NEW YORK — The price of Bitcoin fell as much as 29% Wednesday after the China Banking Association warned member banks of risks associated...
Fed officials in April cautioned about inflation pressures
WASHINGTON — Federal Reserve officials at their April meeting reaffirmed the view that the central bank's ultra-low interest rate remained the best policy approach,...
Biden reverses Trump changes to bank antidiscrimination law
NEW YORK — The Biden administration announced Tuesday it would repeal the changes made by the Trump administration to an important law made to...
Ransomware hits AXA units in Asia, Irish healthcare
BANGKOK — The Thai affiliate of Paris-based insurance company AXA said Tuesday it is investigating a ransomware attack by Russian-speaking cybercriminals that has affected...
