Bank

Business

European Central Bank Cuts Interest Rates for First Time Since 2019

The reduction comes as inflation in the eurozone cools, prompting the E.C.B. to move before the Federal Reserve in the…

Business

When a Bank Rescinds a Job Offer Because It Canceled Your Credit Cards

Last year, JPMorgan Chase wanted to pay Mansoor Shams a low-six-figure salary to work in a marketing role. Then it…

World

Collectors Line Up in London as King Charles Bank Notes Are Released

A steady stream of people lined up at the Bank of England on Wednesday to get what they hoped would…

Real Estate

Security Deposits: Your Landlord May Owe You More Than You Think

Landlords are required to put security deposits in interest-bearing bank accounts. How much of that interest goes to you?

Business

Inflation Ticks Up in the Eurozone

Consumer prices rose 2.6 percent in the year through May, slightly higher than expected. Still, the European Central Bank seems…

World

Yellen Warns Israel Against Cutting off Palestinian Banks

Treasury Secretary Janet L. Yellen warned Israel on Thursday against cutting off ties between Palestinian and Israeli banks, arguing that…

Business

U.K. Inflation Falls to 2.3 Percent, Lowest in Three Years

The decline, which was less than economists expected, is nearing the Bank of England’s 2 percent target.

Business

Bank Regulator Overseeing ‘Toxic’ Culture Loses Key Supporter in Senate

Senator Sherrod Brown, the chair of the Senate Banking Committee, called for President Biden to replace Martin Gruenberg as leader…

Travel

Help! Our Cruise Operator Went Bankrupt and We Are Out $17,905.

A couple purchased an Arabian Sea voyage, but Vantage, the cruise company, went under. Their travel insurance was supposed to…

Business

Democrats Batter Bank Regulator Over F.D.I.C.’s ‘Toxic’ Workplace Culture

The agency’s chair, Martin Gruenberg, has resisted Republicans’ calls to resign, but criticism by his own party raises questions about…

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