Tag: Financial services
Americans spend again and American Express profit surges
NEW YORK — Spending at restaurants, shops and entertainment venues has come back in force as vaccines become more common and it fueled a...
Few earthquake-insured Missouri homes amid rising costs
COLUMBIA, Mo. — The percentage of homes with earthquake insurance in Missouri's highest-risk areas is at a historic low amid rising costs for coverage....
Witness: Commissioner used arson money to buy campaign signs
ATLANTA — Suspended Georgia Insurance Commissioner Jim Beck improperly took money from the private insurer he led and used it to buy campaign signs...
UnitedHealth raises outlook after strong second quarter
MINNETONKA, Minn. — UnitedHealth Group boosted its full-year outlook for a second time this year after a surprisingly strong second quarter despite sustained, elevated...
As prices rise at rapid pace, Fed chief seeks patience
WASHINGTON — For anyone watching with concern as prices surge for everything from food and gas to airplane tickets and clothes, the message from...
UK inflation rises to highest level in nearly 3 years
LONDON — Official figures show inflation in the U.K. rising to its highest level in nearly three years because of increases in the prices...
Powell says inflation will be ‘elevated’ in coming months
WASHINGTON — Federal Reserve Chair Jerome Powell says that inflation “will likely remain elevated in coming months" before “moderating,” an apparent acknowledgement that price...
Europe takes another step toward introducing digital euro
The European Central Bank said Wednesday it is launching a two-year investigation on whether to introduce a digital version of the euro that would...
Fed survey: US economy strong but hindered by bottlenecks
WASHINGTON — The Federal Reserve's latest nationwide business survey found that the economy strengthened further in late May and early June, despite supply-chain bottlenecks...
JPMorgan’s 2Q profits more than double, beating expectations
NEW YORK — JPMorgan Chase said its second quarter profits more than doubled from a year ago — a reflection of the improving global...