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Business

Why Britain’s Mortgage Holders Are Being Squeezed

The Bank of England’s campaign to curb inflation is pushing up monthly payments for millions of homeowners.

Business

The Risks of Storing Money in Apps Like Venmo and Cash App

The Consumer Financial Protection Bureau is warning that the funds may be at risk if the app’s parent company runs…

Business

JPMorgan to Pay $290 Million in Settlement With Epstein’s Victims

The proposed deal would settle a suit on behalf of victims who were sexually abused by Jeffrey Epstein, over claims…

World

Turkey’s Lira Falls to New Low as a New Economic Policy Forms

The News The value of the Turkish lira as measured in dollars plunged Wednesday by more than 7 percent to…

Business

San Francisco Fed Ties to S.V.B. Chief Attracts Scrutiny to Century-Old Setup

As Greg Becker, the former C.E.O. of Silicon Valley Bank, prepares to testify before Congress, boards that oversee regional Federal…

Business

Regulators Raise the Alarm on a Potential Market Risk

Turmoil in the banking sector could have a knock-on effect on clearinghouses, the intermediaries between buyers and sellers in financial…

Business

Financial Stability Experts at the Fed Turn a Wary Eye on Commercial Real Estate

A financial stability report from the Federal Reserve flagged concerns tied to rising interest rates, including in commercial real estate.

Business

Banks Are Closing Customer Accounts, With Little Explanation

Increasing attention to suspicious-seeming transactions has led to some people suddenly losing access to their bank accounts. The reasons are…

Business

Recession Fears Abound, but the Fed Chair Bets This Time Is Different

Jerome H. Powell, the Federal Reserve chair, thinks his central bank can defy history to clinch slower inflation and a…

Business

Why Many on Wall Street Fear the Banking Crisis Isn’t Over

Even after the sale of First Republic, investors are worried about challenges that regional banks still face, imperiling the economy.

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