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Financial News Around the World

Category: Finance News

New York Community Bank’s online arm is paying the nation’s highest interest rate

NYCB raised the rate offered via its online arm My Banking Direct to 5.55%, higher than any other U.S. savings account, weeks after needing a capital infusion.

Published 10 April 2024
Categorised as Finance News

China needs a narrative that house prices are going to rise, Nomura’s Koo says

China needs to convince people that home prices are on their way up in order for growth to pick up, said Richard Koo, chief economist at Nomura.

Published 10 April 2024
Categorised as Finance News

Wells Fargo’s Chris Harvey says ‘I don’t feel bullish’ — a day after hiking S&P year-end target to highest on Street

The bank’s head of equity strategy has hiked his S&P 500 target to 5,535.

Published 9 April 2024
Categorised as Finance News

A crucial report Wednesday is expected to show little progress against inflation

The March consumer price index is expected to register increases of 0.3% both for the all-items measure as well as core.

Published 9 April 2024
Categorised as Finance News

Stocks making the biggest moves midday: Boeing, Norfolk Southern, Nvidia & more

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

Published 9 April 2024
Categorised as Finance News

Hedge funds are selling stocks at the fastest pace in three months and stepping up short bets

What’s often called ‘the smart money’ sold global stocks for a second week, driven almost entirely by short sales, according to Goldman’s prime brokerage data.

Published 9 April 2024
Categorised as Finance News

Insider sales reach 3-year high: Here’s what to know

Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Published 9 April 2024
Categorised as Finance News

Small business optimism hits 11-year low as inflation fears won’t go away

The NFIB’s survey showed a reading of 88.5, down nearly a point from February to the lowest since December 2012.

Published 9 April 2024
Categorised as Finance News

Stocks making the biggest moves premarket: American Eagle Outfitters, Ally Financial, Molson Coors Beverage and more

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

Published 9 April 2024
Categorised as Finance News

Stocks making the biggest moves midday: GE Vernova, SoFi Technologies, Tesla and more

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

Published 8 April 2024
Categorised as Finance News

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