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Financial News Around the World

Category: Finance News

Stocks making the biggest moves premarket: Rent the Runway, Oracle, Wolfspeed and more

These are the stocks posting the largest moves in premarket trading.

Published 13 September 2022
Categorised as Finance News

The Fed is going to pivot in 3 stages, author Nomi Prins says

The U.S. Federal Reserve could be forced to pivot away from its path of aggressive interest rate hikes in three stages, according to author Nomi Prins.

Published 13 September 2022
Categorised as Finance News

China’s tourism revenue came in at 60% of pre-Covid levels this holiday weekend

National tourism revenue for the latest long-weekend holiday reached only 60.6% of 2019 levels, according to China’ Ministry of Culture and Tourism.

Published 13 September 2022
Categorised as Finance News

Inflation ‘collapse’ will launch powerful market rally, Credit Suisse predicts

Credit Suisse expects the Federal Reserve to pause interest rate hikes in four to six months due to tumbling inflation.

Published 13 September 2022
Categorised as Finance News

Goldman Sachs to kick off Wall Street layoff season with hundreds of job cuts this month

The bank is reinstating a tradition of annual employee culls targeting between 1% and 5% of lower performers in positions across the firm.

Published 12 September 2022
Categorised as Finance News

Stocks making the biggest moves midday: Bristol-Myers Squibb, Twitter, Gilead Sciences and more

These are the stocks posting the largest moves midday.

Published 12 September 2022
Categorised as Finance News

Falling gas prices are raising hopes that inflation is slowing, New York Fed survey shows

Respondents to the New York Fed survey indicated they expect the annual inflation rate to be 5.7% a year from now.

Published 12 September 2022
Categorised as Finance News

Taxpayers have just a few weeks left to claim their share of $1.2 billion in IRS fee refunds. Here’s how to take advantage

You may be eligible for IRS late penalty relief if you skipped tax returns during the pandemic. But you must file missing returns by Sept. 30 to qualify.

Published 12 September 2022
Categorised as Finance News

Stocks making the biggest moves premarket: Carvana, Bristol-Myers Squibb, Alphatec and more

These are the stocks posting the largest moves in premarket trading.

Published 12 September 2022
Categorised as Finance News

Goldman’s Apple Card business has a surprising subprime problem

Goldman’s consumer business has had a bumpy ride as of late, marked by mounting losses, leadership turnover and missed product deadlines.

Published 12 September 2022
Categorised as Finance News

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