Global investment in fintech sank to $51.2 billion in 2023, down 48% from 2022, data from Innovate Finance shows. Despite that, UAE fintech funding soared 92%.
Category: Finance News
Social media uproar may cost the Maldives millions, as feud with India intensifies
A social media firestorm, fueled by the fraying of a historically close relationship, is testing ties between India and the Maldives.
Neiman Marcus CEO talks pullback in luxury spending over the holidays
Geoffroy van Raemdonck, Neiman Marcus CEO, joins ‘Closing Bell Overtime’ to talk holiday retail performance, the state of the luxury consumer and more.
Shohei Ohtani’s $700 million contract sparks concern about taxes on deferred income for high earners
Roughly a month after Shohei Ohtani’s $700 million Los Angeles Dodgers contract, California’s controller is asking Congress for restrictions on deferred income.
Stocks making the biggest moves midday: Unity Software, JetBlue, Juniper Networks and more
These are the stocks posting the largest moves in midday trading.
Stocks making the biggest moves premarket: Netflix, CrowdStrike, PayPal, Juniper Networks and more
These are the stocks posting the largest moves in premarket trading.
A new train pass is launching in Japan this winter — but travelers will have to act fast
Japan’s Rail Pass isn’t the money saver it used to be. But the Kyun Pass may save money for travelers headed to winter hot spots like Nagano.
China investors will be asking these 3 questions in 2024
China’s investment story has been overshadowed in the last year by longer-term problems and tensions with the U.S.
Stocks making the biggest moves after hours: Unity Software, Microchip Technology, JetBlue and more
These are the stocks posting the largest moves in postmarket trading.
Fed Governor Bowman adjusts rate stance, says hikes likely over but not ready to cut yet
Bowman noted the progress made against inflation and said it should continue with short-term rates at their current levels.