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Morgan Stanley just picked its new CEO. Here’s our take on the succession news

The announcement “removes an uncertainty” for the firm at a time of macroeconomic and geopolitical challenges, Jim Cramer said Thursday.

Published 26 October 2023
Categorised as Finance News

Meta’s latest earnings beat overshadowed by slowing 4Q ad sales outlook. What the pros say

Pros on CNBC discussed Meta after the company reported third-quarter results that beat expectations but forecasted slowing ad sales in the fourth quarter.

Published 26 October 2023
Categorised as Finance News

Tech stocks suffer two-day selloff as investors find ‘wrinkle or two’ in Alphabet, Meta earnings

Despite better-than-expected results from Alphabet and Meta, investors dumped the stocks and rest of the tech sector over the past two days

Published 26 October 2023
Categorised as Finance News

Retirement account withdrawal rules are ‘so complicated’ for inherited IRAs, expert says. What to know

The retirement withdrawal rules for inherited individual retirement accounts are complicated. Here’s what heirs need to know.

Published 26 October 2023
Categorised as Finance News

Here are 4 ways health savings accounts can be used to pay insurance premiums

In rare cases, consumers can use their health savings accounts, or HSAs, to pay insurance premiums while preserving the account’s tax benefits.

Published 26 October 2023
Categorised as Finance News

Stocks making the biggest moves midday: Merck, Bristol-Myers Squibb, Align Technology and more

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

Published 26 October 2023
Categorised as Finance News

Billionaire politicians have become ‘shockingly common’ around the world, new study finds

Billionaires who become politicians tend to “lean to the right ideologically,” according to the research.

Published 26 October 2023
Categorised as Finance News

U.S. GDP grew at a 4.9% annual pace in the third quarter, better than expected

GDP was expected to increase at a 4.7% annualized pace in the third quarter, according to a Dow Jones consensus estimate.

Published 26 October 2023
Categorised as Finance News

European Central Bank holds interest rates steady after 10 consecutive hikes

The ECB ended its record run of rate hikes despite new upside risks to inflation.

Published 26 October 2023
Categorised as Finance News

Watch live: ECB President Christine Lagarde speaks after opting to hold rates

European Central Bank President Christine Lagarde is giving a press conference following the bank’s latest monetary policy decision.

Published 26 October 2023
Categorised as Finance News

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