University early decision applications mostly benefit rich kids
A college admissions program popular among the country's most selective universities may actually be skewed against lower-income applicants, college consultants and experts say.
2023-10-23 05:49
Egypt Downgraded Deeper Into Junk by S&P on Currency Squeeze
Egypt was downgraded for the second time this month, as the North African nation struggles with a severe
2023-10-21 13:59
London Stock Exchange Incident Halts Trading in Many Stocks
A system “incident” halted trading in hundreds of shares on the London Stock Exchange. The outage affected mostly
2023-10-19 23:53
China’s Polluters Take Steps to Meet EU’s Carbon Tax Challenge
China’s environment ministry is asking large industrial polluters to tighten up their emissions reporting, as it adopts the
2023-10-19 11:52
US regional banks earn more on loans but warn on rising deposit costs
By Chibuike Oguh NEW YORK Several U.S. regional banks beat analysts third-quarter profit expectations on Wednesday as higher
2023-10-19 04:48
Australia fines Musk's X platform $386,000 over anti-child abuse gaps
By Byron Kaye SYDNEY An Australian regulator has fined Elon Musk's social media platform X A$610,500 ($386,000) for
2023-10-16 00:48
Israel-Hamas war risks further deglobalization and inflation
The global economy is facing tremendous uncertainty from the war between Hamas and Israel in the Middle East, on top of the ongoing war between Russia and Ukraine. Those conflicts don't just threaten the regions where they're unfolding; they may also fray the weakening interconnectedness that remains among the world's largest economies.
2023-10-15 20:29
US regulators settle with bankrupt crypto company Voyager, file against ex-CEO
WASHINGTON The U.S. Federal Trade Commission said it reached a settlement with bankrupt crypto company Voyager that will
2023-10-13 01:22
More work to do in tackling risks in non-banks, says FSB's Knot
LONDON Higher interest rates have so far not seriously undermined the global financial system, but "there is work
2023-10-12 19:18
Exclusive-China bars brokerages from accepting new mainland clients for offshore trading, say sources
By Selena Li and Summer Zhen HONG KONG China has for the first time issued a notice prohibiting
2023-10-12 12:52
Australia unveils draft law to regulate digital payment providers
SYDNEY The Australian government said on Wednesday it planned to introduce laws that would empower the central bank
2023-10-11 11:18
Global banking watchdog dismisses need for change after Credit Suisse debacle
By Huw Jones LONDON A global body with banking oversight has played down the rescue of Credit Suisse,
2023-10-10 16:23