Military service members protect the nation, and, in turn, some aspects of their finances are protected by law. In 2003, Congress passed the Servicemembers Civil Relief Act, legislation that grants a low cap on credit card interest rates during active duty. But more than 20 years later, this benefit is underused, causing many service members...

The Bank of England on Thursday kept its main interest rate at a 16-year high, but hinted at a cut over the summer as UK inflation cools further and the country looks set to exit recession. 

Spain's second-largest bank BBVA on Thursday announced a hostile takeover bid for smaller rival Banco Sabadell but the government vowed to block the move, which would create a European giant in the sector.

The London and Frankfurt stock exchanges hit record highs Thursday as the Bank of England kept its interest rate at a 16-year high but raised hopes of a cut in the coming months.

President Xi Jinping received a warm welcome in Hungary on Thursday as he held talks aimed at bolstering already flourishing ties with China's closest European Union ally, amid divisions with the West over the Ukraine war and global trade.