UBS Group CEO Sergio Ermotti says the “incredible” market demand for the bank’s recent issuance of AT1 bonds is a “signal to the Swiss banking system.”
Category: Finance News
China’s unfinished property projects are 20 times the size of Country Garden
The size of unfinished, pre-sold homes in China is about 20 times the size of developer Country Garden as of the end of 2022, Nomura analysts said.
China retail sales, industrial data grow faster than expected in October
China on Wednesday reported better-than-expected retail sales and industrial data for October, while the real estate drag worsened.
PGA Tour says it will offer players equity ownership after it seals deal with investors
The PGA Tour is in talks with Saudi Arabia’s Public Investment Fund to complete a framework aagreement they reached earlier this year.
Here’s how much you can make in 2024 and still pay 0% capital gains taxes
Inflation boosted the capital gains tax brackets for 2024. Here’s how much you can make to pay 0% capital gains taxes on investments.
Stocks making the biggest moves midday: Home Depot, Fisker, SolarEdge and more
These are the stocks posting the largest moves in midday trading.
Here’s the inflation breakdown for October 2023 — in one chart
The consumer price index continued a steady decline in October on the back of lower gasoline prices.
Inflation was flat in October from the prior month, core CPI hits two-year low
The CPI, which measures a broad basket of commonly used goods and services, increased 3.2% from a year ago despite being unchanged for the month.
Stocks making the biggest moves premarket: Fisker, Kraft Heinz, Home Depot and more
These are the stocks posting the largest moves in premarket trading.
Former St. Louis Fed president says the FOMC still has ‘a ways to go’ on inflation
Former St. Louis Fed President Jim Bullard says the Federal Reserve still has “a ways to go” in fighting inflation and that there is still a risk that prices pick up once again.