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Financial News Around the World

Category: Finance News

New York and California lost over $90 billion in income to low-tax states during Covid

The losses accelerated the trend of high-earners relocating to lower-tax states like Florida and Texas.

Published 2 May 2023
Categorised as Finance News

Ramit Sethi: How renting could make you richer than buying

Ramit Sethi, self-made millionaire and star of the new Netflix show “How To Get Rich,” explains why it can often be a better financial decision to rent than to own a home.

Published 2 May 2023
Categorised as Finance News

Stocks making the biggest moves midday: Uber, Chegg, Dell, PacWest, SoFi & more

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

Published 2 May 2023
Categorised as Finance News

When Barbara Corcoran sold her company for $66 million, she didn’t know how much it was worth—here’s how she negotiated anyway

“Shark Tank” star Barbara Corcoran sold her real estate firm for $66 million, a number she chose out of luck, without knowing her company’s worth. Here’s how.

Published 2 May 2023
Categorised as Finance News

Job openings fell more than expected in March to lowest in nearly two years

The JOLTS report showed that job vacancies totaled 9.59 million for the month, down from 9.97 million in February.

Published 2 May 2023
Categorised as Finance News

Hindenburg Research goes after Carl Icahn in latest campaign for market-moving short seller

The Nathan Anderson-led firm took a short position against Icahn Enterprises, alleging “inflated” asset valuations, among other reasons.

Published 2 May 2023
Categorised as Finance News

Wall Street is cutting more jobs as Morgan Stanley plans 3,000 layoffs

For Morgan Stanley and others, the cuts show Wall Street is wrangling with a slump that’s dragging on for longer than expected

Published 2 May 2023
Categorised as Finance News

Chegg drops more than 40% after saying ChatGPT is killing its business

Chegg beat first-quarter expectations on the top and bottom lines, but issued a weak second-quarter revenue outlook.

Published 2 May 2023
Categorised as Finance News

Crypto exchange owned by embattled conglomerate Digital Currency Group loses top global exec

Vijay Ayyar, Luno’s vice president of corporate development and international, resigned from the firm after seven years working there.

Published 2 May 2023
Categorised as Finance News

Stocks making the biggest premarket moves: Uber, Pfizer, Chegg, Dell & more

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

Published 2 May 2023
Categorised as Finance News

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