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Category: Finance News

Taylor Swift, Beyoncé and ‘Barbenheimer’ are lifting consumer spending this quarter. But Morgan Stanley says it may not last

Morgan Stanley sees a potential unwinding from these events, as well as the resumption of student loan payments, in the fourth quarter.

Published 31 August 2023
Categorised as Finance News

The IPO downturn is in the 7th inning and a real pickup could arrive soon, Sixth Street CEO says

Alan Waxman, the CEO and co-founder of Sixth Street, believes we’re in about the seventh inning of the downturn in the IPO market.

Published 31 August 2023
Categorised as Finance News

Sixth Street — which manages more than $70 billion — is betting big on sports teams and live events

Alan Waxman, the CEO and co-founder of Sixth Street, talked about his vision in the increasingly crowded sports industry.

Published 31 August 2023
Categorised as Finance News

Stocks making the biggest moves midday: Tilray, Salesforce, CrowdStrike, Dollar General and more

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

Published 31 August 2023
Categorised as Finance News

This is the No. 1 trait you need to be more successful than most—Mark Cuban learned it by age 12

Mark Cuban said his mother taught him how to be confident through dancing. Experts say you need that self-assurance to be successful in the workplace.

Published 31 August 2023
Categorised as Finance News

A ‘historic’ result but still a ‘construction site’: Analysts react to blowout UBS earnings

UBS shares rallied to 15-year highs on the back of what analysts branded a “historic” earnings report, though Deutsche Bank said the lender may remain a “construction site” for some time.

Published 31 August 2023
Categorised as Finance News

Student loan interest resumes Sept. 1. What that means for subsidized vs. unsubsidized debt

Interest accrual has been paused on student loans for more than three years. Interest resumes on Sept. 1 and it has big implications for certain types of debt.

Published 31 August 2023
Categorised as Finance News

Stocks making the biggest premarket moves: Dollar General, Salesforce, Palantir and more

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

Published 31 August 2023
Categorised as Finance News

China says drop in trade with the U.S. is ‘a direct consequence of U.S. moves’

China’s ambassador to the U.S., Xie Feng, has blamed U.S. tariffs and export controls for a drop in trade between the two countries.

Published 31 August 2023
Categorised as Finance News

Buy now, pay later firm Klarna cuts losses in first half but falls short of profit

Swedish buy now, pay later firm Klarna reduced losses by roughly 67% in the first half of 2023, as it cut costs dramatically in a bid for profitability.

Published 31 August 2023
Categorised as Finance News

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