By Michelle Price WASHINGTON (Reuters) – The U.S. Federal Reserve on Friday signaled it would take a lighter touch when supervising banks, in another win for the industry which has long complained that the regulator’s closed-door supervisory process is opaque and capricious. In particular, foreign lenders Deutsche Bank (DE:), CreditRead More →
One month into her mandate, new European Central Bank president Christine Lagarde has already said many times that she wants to “review” the monetary policy she inherited from predecessor Mario Draghi. What she means by that is unclear, and Lagarde has so far toed the line in her pronouncements aboutRead More →
You can get hands-on with some of these experiences. Thousands of people are earning extra money — Airbnb claims some earn more than $200,000 a year — by hosting Airbnb Experiences: things like classes, events and activities that people pay to take part in. These experiences are so popular thatRead More →
© Reuters. Pedestrians are reflected on an electronic board showing Japan’s Nikkei average, the Dow Jones average and the stock averages of other countries outside a brokerage in Tokyo By Shinichi Saoshiro and Tomo Uetake TOKYO (Reuters) – Asian stocks edged up to a more than four-month high on Wednesday,Read More →
Although tipping is generally thought to be a voluntary payment meant to express gratitude to a service worker, the history of tipping suggests that it originated as a way for people to flaunt their wealth. But what if diners could be made to feel wealthy? Would they leave bigger tips?Read More →