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Bank Stock Roundup: Fed Meeting, Job Cuts Dominate Headlines; BofA, Citi & JPMorgan in Focus

Bank Stock Roundup: Fed Meeting, Job Cuts Dominate Headlines; BofA, Citi & JPMorgan in Focus Over the last five trading sessions, the Federal Reserve’s two-day policy meeting dominated headlines. Keeping the rates unchanged (as expected by the market), the Fed lowered its projected rate to 0.875% by the end of this year from the prior […]

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China tries to reassure on economy, cuts growth target

China tries to reassure on economy, cuts growth target China’s leadership tried to quell anxiety about its slowing economy following financial turmoil and rising labor unrest as it cut its growth target Saturday and promised to open oil and telecoms industries to private competitors in sweeping industrial reforms. Continue reading at cnbc.com Week Ahead: Light […]

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UPDATE 2-Canada’s Encana cuts 2016 dividend and capex

UPDATE 2-Canada’s Encana cuts 2016 dividend and capex Canadian oil producer Canadian Oil Sands Ltd had slashed dividend … Encana’s shares, which closed at C$ 8.31 on Friday, had lost nearly half its value on the Toronto Stock Exchange this year. (Reporting by Anet Josline Pinto in Bengaluru; Editing by … Continue reading at reuters.com […]

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Personal finance Q&A: Tax refunds may take longer amid IRS budget cuts

Personal finance Q&A: Tax refunds may take longer amid IRS budget cuts Dear Liz: How long is too long for an IRS tax refund to be disbursed? I got my state tax refund in a matter of weeks. The IRS refund has been “under review” for almost five months. Answer: A sizable surge in tax […]

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