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Financial News Around the World

Category: Finance News

Russian oligarch’s yacht is costing U.S. taxpayers close to $1 million a month

The Justice Department is seeking permission to sell a 348-foot yacht called Amadea, which it seized in 2022, alleging it was owned by Suleiman Kerimov.

Published 6 March 2024
Categorised as Finance News

Private payrolls rose by 140,000 in February, less than expected, ADP reports

Private sector job growth improved during February as the U.S. labor market showed strength across a variety of sectors.

Published 6 March 2024
Categorised as Finance News

Powell reinforces position that the Fed is not ready to start cutting interest rates

Powell said policymakers remain attentive to the risks that inflation poses and don’t want to ease up too quickly.

Published 6 March 2024
Categorised as Finance News

Egypt hikes interest rates by 600 basis points, pound crumbles to record low

Egypt’s pound hit a record low against the dollar on Wednesday after its central bank hiked interest rates by 600 points and devalued the currency.

Published 6 March 2024
Categorised as Finance News

Self-made millionaire Vivian Tu went from ‘scrimping and saving’ to creating wealth with this mindset shift

Building wealth can be more difficult for women facing challenges such as lower wages. Here’s how self-made millionaire Vivian Tu created wealth.

Published 6 March 2024
Categorised as Finance News

Stocks making the biggest moves premarket: Palantir, CrowdStrike, Foot Locker and more

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

Published 6 March 2024
Categorised as Finance News

Retirement prospects for women can be ‘pretty bleak,’ expert says — but there are ways to prepare

Women make less money than men and live longer, which can dim their odds for a financially secure retirement, experts said.

Published 6 March 2024
Categorised as Finance News

China’s top securities regulator vows to ‘strictly’ crack down on market manipulators

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Published 6 March 2024
Categorised as Finance News

China’s central bank governor says there’s room to cut banks’ reserve requirements

China’s PBOC governor said there was room to further cut banks’ reserve requirements, and pledged to utilize monetary policy to “mildly” prop up consumer prices.

Published 6 March 2024
Categorised as Finance News

Here are the most powerful passports for 2024 — Switzerland tops the list

Switzerland tops Nomad Capitalist’s 2024 passport ranking, which evaluates 199 places across five factors, including travel visas, taxes and global perception.

Published 6 March 2024
Categorised as Finance News

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