Stories about Finance

Jan 29 2016

South Africa Raises Interest Rates By 50 Bps

This means the repo rate, the rate at which the SARB lends money to banks, will rise to 6,75 percent. Policy makers raised the benchmark interest rate by half a percent...

Jan 29 2016

Chase to roll out card-free ATMs

The first implementation will have customers entering a code in the Chase app. As the ATMs are upgraded within the next two years, the company will also add NFC functiona...

Jan 29 2016

Ford has record pretax profit on soaring sales

Clearly, the 7% yield figure includes the recently announced $0.25 per share special dividend and assumes that Ford will maintain quarterly dividends at the same level as...

Jan 29 2016

Memphis, FedEx team up to donate water to Flint

Brooks planned to present a list of 15 priorities drawn up by the organization during the meeting Tuesday evening. The decision to switch the city's water source to the ...

Jan 29 2016

Pick to lead Afghanistan forces says situation is worsening

If confirmed, Gen. Nicholson will replace Gen. John F. Campbell, who is expected to retire. Gen. Nicholson, a former operations chief in Afghanistan, was noncommittal o...