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Despite falling gas prices, ExxonMobil and Chevron reported bumper profits last quarter. While they were lower than last year, they still beat Wall Street forecasts, as well as where they were ahead o···
UK inflation remained above 10% in March, far higher than in the United States and Europe, as bread prices rose at a record pace.Consumer prices rose 10.1% last month compared with a year ago, down on···
As much of the world fights desperately to bring down soaring prices that are slashing living standards, China is trying to do the opposite.Consumer prices rose by just 0.7% in March, compared with a ···
First Republic Bank is still an independent bank. The question Saturday was how much longer that will continue to be true.Shares of First Republic plunged from $122.50 on March 1 to around $3 a share ···
For years, Microsoft flew under the radar as policymakers around the world went after Amazon, Facebook and Google as some of the biggest alleged threats to fair competition.But now, more than two deca···
Washington, DC CNN —Mortgage rates inched up again this week. Prior to last week’s rise, rates had dropped for five weeks in a row as inflation continues to ease.The 30-year fixed-rate mortgage aver···
Samsung Electronics flagged a gradual recovery for chips in the second half of the year after its semiconductor business reported a record loss on Thursday, driven by weak demand for tech devices.A gl···
New York CNN —First Republic Bank is in a fight for its survival.The past few weeks have been brutal for the San Francisco-based lender. Now, some analysts say a collapse of the bank is imminent.“It···
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