Hiring on Wall Street hasn't returned and some banks are engaging in quiet layoffs even as the deals market stabilizes from ...

Spiral Binding, a plastic fabrication company in Totowa, is letting go of 137 employees. Citibank is laying off 52.

Aunoy Banerjee will become Citizens’ CFO in October, replacing John Woods, who’s leaving the Providence, Rhode Island-based regional lender to become CFO at State Street.

The Bank of England is expected to lower its key interest rate for a fifth time Thursday, sticking to a cautious removal of the restraints it has placed on the economy at a time when inflation remains ...

SANTANDER has revealed it has made more than 2,000 job cuts after it announced plans to close almost 100 bank branches. The ...

Governor Andrew Bailey tells the BBC he expects rates to continue falling, but “the course is a bit more uncertain”.

The Labor Department’s consumer price index for July showed that the annual pace of inflation remained at 2.7 percent from ...

Andrew Bailey must slash interest rates six times over the next year to bolster flagging growth, economists have warned. The ...

U.S. retail sales rebounded more than expected in June, suggesting a modest improvement in economic activity and giving the Federal Reserve cover to delay cutting interest rates while it gauges the ...

US Federal Reserve chair Jerome Powell is refusing to signal whether US rate cuts will restart in September, despite signs ...

Most economists think the Bank’s Monetary Policy Committee will cut interest rates by 0.25 percentage points to 4 on Thursday.

Investors have been focused on buying any dips in the stock market since April's tariff shock. But they also have been encouraged by a lack of tariff-induced inflation showing up in economic data so ...