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Category: Finance News

Switzerland faced a full-scale bank run if Credit Suisse went bankrupt, Swiss regulator argues

FINMA and the Swiss central bank brokered UBS’ takeover for embattled Zurich rival Credit Suisse for 3 billion Swiss francs ($3.3 billion), in a deal announced on March 19.

Published 5 April 2023
Categorised as Finance News

UBS holds first shareholder meeting since controversial Credit Suisse takeover

UBS will hold its annual general meeting on Wednesday morning against a fraught political backdrop following its takeover of fallen rival Credit Suisse, announced last month.

Published 5 April 2023
Categorised as Finance News

Most countries want tourists back — but Amsterdam is telling these visitors to ‘stay away’

Amsterdam’s local authority launched an online campaign in Great Britain this month that aims to keep out “nuisance-causing visitors.”

Published 5 April 2023
Categorised as Finance News

The job market is cooling but remains ‘red hot,’ economist says. What to expect as a job seeker

The labor market remains historically strong for workers, but job seekers may be wise to proceed with a bit more caution, experts say.

Published 4 April 2023
Categorised as Finance News

Here’s who qualifies for the home office deduction this year, tax pros say

If you worked remotely in 2022, you may be curious about claiming the home office deduction on your taxes. Here’s how to know if you’re eligible.

Published 4 April 2023
Categorised as Finance News

Stocks making the biggest moves midday: General Motors, AMC, Virgin Orbit, Kinross Gold and more

Shares of General Motors dropped on Tuesday’s news that about 5,000 white-collar workers at the company will take buyouts.

Published 4 April 2023
Categorised as Finance News

Barbara Corcoran: Don’t diversify your investments

“Shark Tank” star Barbara Corcoran says she doesn’t believe in a common piece of investing advice — because she built her fortune doing the opposite.

Published 4 April 2023
Categorised as Finance News

33-year-old mom makes $40,000 a month in passive income—and lives on a sailboat: How I work ‘just 2 hours a day’

In 2013, Michelle Schroeder-Gardner quit her 9-to-5 job to work on her side hustle full-time. Today, her business brings in $40,000 a month in passive income. She now works just two hours a day and lives on a sailboat. Here’s her best advice on how to earn more and work less.

Published 4 April 2023
Categorised as Finance News

Crude oil at $100 could soon become the new normal, top energy analyst Paul Sankey predicts

Here’s what Sankey Research’s Paul Sankey would buy post-OPEC+ production cut.

Published 4 April 2023
Categorised as Finance News

Job openings tumbled below 10 million in February for the first time in nearly two years

Available positions totaled 9.93 million, a drop of 632,000 from January’s downwardly revised number.

Published 4 April 2023
Categorised as Finance News

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