Business Finance News, Author at Business Finance News

Switzerland becomes first major economy to cut interest rates in surprise move

The Swiss national flag hangs from the Federal Palace, Switzerland’s parliament building, in Bern, Switzerland, on Thursday, Dec. 13, 2018. The Swiss National Bank cut its inflation forecast...

Economics8 months ago

‘I find this evil’: My stepfather, who was worth $14 million, put my mother in a facility — then they both died. He did not honor their prenup. What can I do?

“I have two biological brothers. My stepfather had four children of his own from a previous marriage that helped him with this scheme.”

Economics8 months ago

Falling fertility rates pose major challenges for the global economy

Terry Vine | Getty Images Falling fertility rates are set to spark a transformational demographic shift over the next 25 years, with major implications for the...

Economics8 months ago

Former Fed Vice Chair Clarida sees possibility of fewer rate cuts than expected this year

Stubbornly high inflation could push the Federal Reserve into a more cautious stance this year regarding interest rate cuts, the central bank’s former vice chair said...

Economics8 months ago

Watch CNBC’s live coverage of Friday’s key inflation data

[The stream is slated to start at 8:15 a.m. ET. Please refresh the page if you do not see a player above at that time.] The...

Economics8 months ago

Key Fed inflation gauge rose 2.8% annually as expected

Inflation rose in line with expectations in February, likely keeping the Federal Reserve on hold before it can start considering interest rate cuts, according to a...