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Financial News Around the World

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Stocks making the biggest moves midday: Cisco, BJ’s Wholesale, Bed Bath & Beyond, Kohl’s and more

These are the stocks posting the largest moves midday.

Published 18 August 2022
Categorised as Finance News

The 5 most expensive cars up for sale at Pebble Beach this weekend

Auction sales at the Monterey Car Week are expected to total between $300 million and $490 million.

Published 18 August 2022
Categorised as Finance News

‘Company loyalty will make you poor’: Early retiree credits his $1 million net worth to these 7 ‘unpopular opinions’

Self-made millionaire Steve Adcock retired early in his mid-30s. He got rich the old-fashioned way, by working a 9-to-5 and saving and investing wisely. He also attributes his financial success to seven unpopular life and money rules.

Published 18 August 2022
Categorised as Finance News

Yellen: These are the 4 top priorities for the nearly $80 billion in IRS funding

Treasury Secretary Janet Yellen has outlined four priorities for the $80 billion in IRS funding and requested a plan within six months.

Published 18 August 2022
Categorised as Finance News

Hedge funds are sitting on a record level of bearish bets on the stock market

Net short positions against the S&P 500 futures by hedge funds have reached a record high this week.

Published 18 August 2022
Categorised as Finance News

This $3.8 billion hedge fund is shaking up the industry with its pay-for-performance model

Peter Kraus, founder of Aperture Investors, explained why he deviated from the traditional active management model.

Published 18 August 2022
Categorised as Finance News

Jobless claims edge lower as Fed looks to cool labor market

Jobless claims totaled 250,000 for the week ended Aug. 13, down 2,000 from the previous week and below the 260,000 Dow Jones estimate.

Published 18 August 2022
Categorised as Finance News

Stocks making the biggest moves premarket: Kohl’s, BJ’s Wholesale, Estee Lauder and more

These are the stocks posting the largest moves before the bell.

Published 18 August 2022
Categorised as Finance News

Web3 is in chaos and metaverses are in their own walled gardens, says Randi Zuckerberg

Web3 is “an ideal utopia,” but “what’s happening in reality, is chaos,” said the sister of Meta CEO Mark Zuckerberg.

Published 18 August 2022
Categorised as Finance News

Chinese property developers’ cash flows have plunged by more than 20%

Chinese property developers’ cash flows — a sign of the companies’ ability to stay afloat — have plunged this year, according to Oxford Economics.

Published 18 August 2022
Categorised as Finance News

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