New York [USA], Aug 1 (ANI): The cut in US Fed funds rate is credit negative for American banks, applying renewed pressure on net interest margins (NIMs) and profitability that could stimulate further consolidation of the sector, Moody's Analytics said on Thursday.
Washington DC [USA], Aug 1 (ANI): The Federal Reserve on Wednesday cut down its interest rates -- for the first time since the 2008 financial crisis -- by a quarter percentage point in an attempt to ward off the possibility of an economic downturn.
Mumbai (Maharashtra) [India], July 31 (ANI): Equity reversed morning losses and bounced back in the afternoon trade on Wednesday led by a rally in metal, pharma and PSU banking stocks as investors awaiting the US Federal Reserve's announcement on interest rates.
Mumbai (Maharashtra) [India], July 31 (ANI): Equity benchmark indices were lower again during early hours on Wednesday with weak cues from global markets as investors awaiting the US Federal Reserve's announcement on interest rates later today.
Mumbai (Maharashtra) [India], July 29 (ANI): Equity benchmark indices oscillated between gains and losses during early hours on Monday, tracking sluggish Asian stocks as US-China trade talks resume later this week and the Federal Reserve is expected to deliver its first interest-rate cut
Washington D.C. [USA], July 28 (ANI): In a very significant ruling on media law, a federal judge in Kentucky has dismissed a lawsuit against The Washington Post on Friday (local time) brought by a high school student who claimed that the organisation's coverage of his and his fellow students
California[USA], July 24 (ANI): The Federal Trade Commission (FTC) has also sued Cambridge Analytica - the data firm accused of harvesting data on millions of Facebook users without consent, after announcing a record fine of USD 5 billion for the social networking giant.
California [USA], July 24 (ANI): In what is believed to be the second-largest penalty ever, the Federal Trade Commission (FTC) has officially announced its USD 5 billion settlement with Facebook over its mishandling of users' data in Cambridge Analytica and other privacy breaches.
Peshawar [Pakistan], July 20 (ANI): The counting of votes is underway after polling concluded in the erstwhile Federal Administered Tribal Areas (FATA) in Pakistan at 5 pm on Saturday.
California [USA], July 20 (ANI): Equifax Inc is reportedly nearing a USD 700 million settlement with the US Federal Trade Commission (FTC) over a massive data breach in 2017.
California [USA], July 20 (ANI): YouTube has been reportedly slapped with a fine by the Federal Trade Commission (FTC) over violating federal data privacy laws for children.
Islamabad [Pakistan], July 20 (ANI): Pakistan's west region formally known as Federally Administered Tribal Area (FATA) is set to witness it first elections on Saturday, where 2.8 million voters are expected to cast their ballot to choose their representatives.