Stamford's finance board slices $3.1 million from mayor's budget

Stamford's finance board slices $3.1 million from mayor's budget

window._taboola = window._taboola || []; _taboola.push({ mode: ‘thumbnails-c’, container: ‘taboola-interstitial-gallery-thumbnails-4’, placement: ‘Interstitial Gallery Thumbnails 4’, target_type: ‘mix’ }); _taboola.push({flush: true}); Photo: Michael Cummo / Hearst Connecticut Media From left, Sal Gabriele, Marc Aquila and David Michel wave to voters as they enter the parking lot of Springdale School in Stamford on Tuesday, Nov. 7, […]

Global Finance Chiefs Told Trade Tensions Are Hitting Confidence

Global Finance Chiefs Told Trade Tensions Are Hitting Confidence

Trade tensions between the United States and China risk eroding business and investor confidence, even as global growth enjoys its best upswing in years. That’s the message being conveyed to finance ministers and central bankers from around the world gathered in Washington for spring meetings of the International Monetary Fund. Trade is expected to dominate […]

May 5: Warren Buffett's Berkshire Hathaway annual meeting on Yahoo Finance

May 5: Warren Buffett's Berkshire Hathaway annual meeting on Yahoo Finance

Yahoo Finance is the exclusive online host of the Berkshire Hathaway 2018 Annual Shareholders Meeting, coming Saturday, May 5th. For the third year this event is being live-streamed for all of the world to see. Investors and non-investors alike can witness history, live, as Chairman and CEO Warren Buffett and his right-hand man Charlie Munger […]

Euro zone reform needs to be done well, not quickly, Dutch finance chief warns

Euro zone reform needs to be done well, not quickly, Dutch finance chief warns

Euro zone reform needs to be done well rather than quickly, Dutch finance minister Wopke Hoekstra told CNBC on Thursday, despite calls from France to speed-up the integration process. The Netherlands is one of the most conservative countries when it comes to euro zone reform. Generally speaking, euro countries that are in a healthier financial […]

Wells Fargo hit with $1 billion fine

Wells Fargo hit with $1 billion fine

The Consumer Financial Protection Bureau (CFPB) and the Office of the Comptroller of Currency (OCC) announced a combined fine of $1 billion against Wells Fargo (WFC) on Friday. The consent orders from the two agencies described how the bank unfairly disregarded its advertised process of locking-in interest rates for mortgages, as well as unfairly foisting […]

Philip Hammond says he has 'dammed the flow' of finance jobs out of UK

Philip Hammond says he has 'dammed the flow' of finance jobs out of UK

Chris Giles in Washington April 20, 2018 Print this page UK chancellor Philip Hammond said on Friday that he had “dammed the flow” of financial sector jobs out of the UK and that the big global banks were now “relatively relaxed” about Brexit. Speaking to journalists in Washington on the sidelines of the IMF spring […]

Europe's biggest bank HSBC says it will no longer finance oilsands projects

Europe's biggest bank HSBC says it will no longer finance oilsands projects

LONDON — Europe’s largest bank HSBC said on Friday it would mostly stop funding new coal power plants, oilsands and arctic drilling, becoming the latest in a long line of investors to shun the fossil fuels. Other large banks such as ING and BNP Paribas have made similar pledges in recent months as investors have […]