Labour’s plans to axe the U.K.’s non-dom tax regime could spark an ultra wealthy exodus, advisers and research bodies have warned.
Category: Finance News
Stocks making the biggest moves after hours: Nike, FedEx, Lennar and more
These are the stocks posting the largest moves in extended trading.
Stocks making the biggest moves midday: Tesla, Mobileye Global, Darden Restaurants and more
These are the stocks posting the largest moves in midday trading.
The Fed has set out on a ‘recalibration’ of policy. Here’s what Powell’s new buzzword means
Asset prices soared as investors took Powell at his word that the outsized rate cut wasn’t in response to a substantial economic weakening.
Tesla’s Chinese rival Nio cuts price for new Onvo-branded car
There’s yet another Chinese electric car aiming to undercut Tesla, with a steeper discount.
Stocks making the biggest moves premarket: Darden Restaurants, Nvidia, DoorDash, Coursera and more
These are the stocks posting the largest moves in premarket trading.
Bank of England presses pause on rate cuts, highlights ‘gradual approach’
The decision to hold comes after the U.S. Federal Reserve kicked off its own monetary easing with an aggressive 50 basis point rate cut.
What buying Commerzbank would mean for UniCredit — and the banking sector
Analysts have welcomed the move by UniCredit, particularly because a tie-up between the two banks might spur more M&A activity in Europe’s banking sector.
Ray Dalio calls upcoming U.S. election the most consequential of his lifetime
Speaking to CNBC’s “Squawk Box Asia” on Thursday, the founder of Bridgewater Associates explained that what the U.S. needs is “broad-based prosperity.”
Ray Dalio says the Fed faces a tough balancing act as the economy faces ‘enormous amount of debt’
On Wednesday, Dalio listed debt, money and the economic cycle as one of the top five forces influencing the global economy.