Business

European Central Bank sets end date for huge stimulus program

7 monthes ago   |   By CNN Money

Since launching quantitative easing in March 2015, the European Central Bank has bought trillions of euros worth of bonds.
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Euro slides after ECB says it will end its 2.5 trillion euro bond-buying program

Euro slides after ECB says it will end its 2.5 trillion euro bond-buying program

7 monthes ago   |   By Business Insider

The European Central Bank said Thursday it will end its bond-buying program in December.
The central bank also said it expects to keep rates unchanged through the summer of 2019.
The euro fell 0.55% against the greenback following the announcements.
The euro slid versus the dollar Thursday after the European Central Bank said it would end its €2.5 trillion bond-buying program at the end of the year and expects to keep rates steady through next summer.
The euro was down 0.56% against the dollar at 8:30 a.m. ET.
The ECB said in a statement that the large-scale stimulus program, which has...
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Nancy Pelosi won't allow White House officials access to the House floor for...

Nancy Pelosi won't allow White House officials access to the House floor for State of the Union 'walkthrough'

House Speaker Nancy Pelosi instructed the Sergeant at Arms to cancel a walkthrough for White House officials preparing the State of the Union address. President Trump wants to... Read more ...

The cognitively impaired woman who gave birth at an Arizona care facility is...

The cognitively impaired woman who gave birth at an Arizona care facility is more cognizant than previously reported, her family's attorney reveals

Last month, a Phoenix, Arizona care facility made headlines when it was reported that a patient gave birth despite having been in a vegetative state. Now the woman's attorney... Read more ...

Here's what happens to the Chick-fil-A in Mercedes-Benz Stadium that will be...

Here's what happens to the Chick-fil-A in Mercedes-Benz Stadium that will be closed during the Super Bowl

Mercedes-Benz Stadium in Atlanta, Georgia, home of Super Bowl 2019 , has a Chick-fil-A, but it closes on Sundays - when most NFL games are played. When Chick-fil-A closes, it... Read more ...

The head of tech at Credit Suisse gives her best advice for workers losing...

The head of tech at Credit Suisse gives her best advice for workers losing their jobs to robots

Business Insider talked to Laura Barrowman, the chief technology officer at Credit Suisse, at the World Economic Forum in Davos, Switzerland, on Monday. Barrowman said workers... Read more ...

A Kentucky PR firm was reportedly behind high schooler Nick Sandmann's...

A Kentucky PR firm was reportedly behind high schooler Nick Sandmann's statement on his viral confrontation with a Native American protester

A Kentucky-based PR firm was reportedly behind a statement from the high schooler at the center of a confrontation with a Native American protester at a Washington, DC... Read more ...

WHERE ARE THEY NOW? Bill Belichick's big-name coaching staff from his first...

WHERE ARE THEY NOW? Bill Belichick's big-name coaching staff from his first Super Bowl

The New England Patriots are in the Super Bowl... again. The Patriots are going for their sixth Super Bowl win in 18 years, and the two constants during that dynasty are Tom... Read more ...

Tokyo's Metro Is Betting Free Soba Noodles Can Help Ease Congestion

Tokyo's Metro Is Betting Free Soba Noodles Can Help Ease Congestion

Passengers who get on the train before the morning rush hour will also qualify for free tempura. The offer is an attempt to reduce vast overcrowding on the city's most packed... Read more ...

New Electric Pickup Truck Faces An Uphill Climb To Get Americans On Board

New Electric Pickup Truck Faces An Uphill Climb To Get Americans On Board

A new startup is taking over a once-abandoned auto plant in central Illinois to make electric trucks and SUVs. But Americans have been slow to adopt electric vehicles. (Image... Read more ...

Netflix is sliding after receiving its first-ever Oscar nomination for best...

Netflix is sliding after receiving its first-ever Oscar nomination for best picture

Netflix received a best-picture Oscar nomination for the black-and-white drama "Roma." It was the streaming giant's first nomination for best picture. Despite the announcement... Read more ...

There's a Chick-fil-A in Atlanta's Mercedes-Benz Stadium - but the chain is...

There's a Chick-fil-A in Atlanta's Mercedes-Benz Stadium - but the chain is refusing to open it on Super Bowl Sunday

The Chick-fil-A location in Mercedes-Benz Stadium will be closed on Super Bowl Sunday. Chick-fil-A locations all close every Sunday, in a move inspired by the chain's founder's... Read more ...