Federal Reserve

BANGKOK | World stock markets mostly dip on Fed views on rates

BANGKOK — Stock markets mostly dipped on Thursday on the news that some policymakers at Federal Reserve think interest rates should continue to be raised until they are slightly restrictive. KEEPING SCORE: Germany’s DAX shed 0.1 percent to 11,704 and the CAC 40 in France gained 0.4 percent to 5,163. Britain’s FTSE 100 was down … Continue reading BANGKOK | World stock markets mostly dip on Fed views on rates

WASHINGTON | Trump escalates his attacks on Fed: ‘My biggest threat’

WASHINGTON — Stepping up his attacks on the Federal Reserve, President Donald Trump declared Tuesday that the Fed is “my biggest threat” because he thinks it’s raising interest rates too quickly. Trump said he doesn’t speak with Chairman Jerome Powell because of the Fed’s political independence but said. “I’m not happy with what he’s doing … Continue reading WASHINGTON | Trump escalates his attacks on Fed: ‘My biggest threat’

WASHINGTON | Trump criticizes Fed for raising interest rates too quickly

WASHINGTON  — President Donald Trump is criticizing the Federal Reserve for raising interest rates too quickly. The recent increase in interest rates has spooked investors who fear higher borrowing costs could slow down the economy. Trump has blamed the market’s big sell-off on rising rates and has described the Fed as being “out of control.” … Continue reading WASHINGTON | Trump criticizes Fed for raising interest rates too quickly

Lendio Tops $1B in Business Loans Facilitated Through Its Online Marketplace

  SILICON SLOPES, UTAH/ OCTOBER 16, 2018 (STL.News) Lendio, the nation’s leading marketplace for small business loans, today announced it has facilitated $1 billion in financing to more than 51,000 small businesses across the U.S. Since its inception in 2011, Lendio has been bridging the financing gap for small business owners. As a result of … Continue reading Lendio Tops $1B in Business Loans Facilitated Through Its Online Marketplace

WASHINGTON | Mnuchin says Trump respects the independence of the Fed

WASHINGTON  — Treasury Secretary Steven Mnuchin says President Donald Trump respects the independence of the Federal Reserve and his recent comments were simply a reflection of the fact that he favors low interest rates. In a CNBC interview, Mnuchin says that Trump understands that the Fed is doing its job. Mnuchin praised Fed Chairman Jerome … Continue reading WASHINGTON | Mnuchin says Trump respects the independence of the Fed

SINGAPORE | Stock market drop spreads, Wall Street set to fall again

SINGAPORE — World stock markets sank Thursday, extending losses from Wall Street, as investors worried that higher interest rates will dent company earnings and a trade war will crimp global business. European shares sank after Asia closed sharply lower, auguring another drop in the U.S., which saw its major indexes tumble on Wednesday. Investors will … Continue reading SINGAPORE | Stock market drop spreads, Wall Street set to fall again