A $24 million tear down on Nantucket? Home prices on the island breaking records this summer
Vacation home sales on the tiny, toney island of Nantucket, a beach resort off the coast of Massachusetts,...
Fed Chair Powell calls case ‘strong’ for more interest rate hikes
Citing robust growth and a generational low in unemployment, Federal Reserve Chairman Jerome Powell emphasized the central bank’s...
Buy beaten-down Citi shares ahead of stress test results and earnings, Deutsche Bank says
Deutsche Bank upgraded Citigroup shares to buy from hold, noting the stock could get a boost from beaten-down...
FX: MTFs still reluctant to move even as Brexit approaches
The greatest obstacle to post-Brexit planning is uncertainty around the ability of UK financial services firms to access...
Disability applications plunge as the economy strengthens
The number of Americans seeking Social Security disability benefits is plunging, a startling reversal of a decades-old trend...
Germany will offer to scrap the EU’s 10% tax on US autos: Report
German auto makers are proposing an end to the European Union’s 10 percent import tax on U.S.-made cars,...
EU to hit $3.2 billion of US imports starting Friday in response to Trump’s tariffs
The European Union will start charging import duties of 25 percent on a range of U.S. products from...
Mortgage applications jump 5.1% as interest rates settle
Interest rate volatility has dissuaded borrowers for months, but some returned to the mortgage market last week. Mortgage...
A major cryptocurrency exchange says it was hacked and $30 million in coins was stolen
South Korea-based cryptocurrency exchange Bithumb said Wednesday it was temporarily suspending deposit and withdrawal services after about $30...
Lapses at many levels of bank led to India’s huge PNB fraud, internal report shows
A $2 billion fraud at India’s Punjab National Bank (PNB) may have been orchestrated by a few rogue...
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