Finance

Credit card surcharge: Shops start charging you for paying by credit card from January 27

A new credit card rule going into effect Sunday, January 27, 2013, could cost you more when shopping with a…

12 years ago

US Federal Reserve underestimated 2007 global financial crisis

The US Federal Reserve released transcripts from its 2007 meetings have shown it may have underestimated the looming global financial…

12 years ago

Canadian plastic banknotes feature wrong leaf

The Canadian new plastic banknotes feature Norway maple leaves, instead of the Canadian sugar maple leaf, according to botanists. The…

12 years ago

Real estate market trends in 2013

The U.S. real estate market seems to have a relatively steady progress toward recovery in 2013. During 2012 area residential…

12 years ago

Bank of America to pay $3.6 billion to Fannie Mae mortgage agency

Bank of America has agreed to pay US government mortgage agency Fannie Mae $3.6 billion to settle claims relating to…

12 years ago

Basel Committee on Banking Supervision eases bank asset rules

International financial regulators have eased rules on minimum quantities of cash and liquid assets all banks must hold, set to…

12 years ago

Wegelin, Switzerland’s oldest bank, to close permanently after US tax evasion fine

Wegelin & Co., Switzerland's oldest bank, is to close permanently after pleading guilty in a New York court to helping…

12 years ago

Asian and European markets gain on US fiscal cliff deal

European and Asian markets have gained after a short-term deal to stave off the so-called US fiscal cliff was reached.…

12 years ago

What’s the deal? Highlights of fiscal cliff agreement

US Congress last night finally passed a deal to avoid the so-called fiscal cliff, as critics attacked the Republican party…

12 years ago

HSBC to pay $1.9 billion fine for money laundering

HSBC is to pay US authorities $1.9 billion in a settlement over money laundering, the largest paid in such a…

12 years ago