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Financial News Around the World

Category: Finance News

Wealthy millennials and Gen Z are redefining philanthropy

Wealthy donors under the age of 43 are more likely to volunteer, fundraise and act as mentors for charitable causes rather than just give money.

Published 10 October 2024
Categorised as Finance News

Stocks making the biggest moves midday: First Solar, Tesla, CVS, TD Bank and more

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

Published 10 October 2024
Categorised as Finance News

The Fed is finally cutting rates, but banks aren’t in the clear just yet

When the Federal Reserve cut its benchmark rate by half a percentage point last month, it boosted prospects for many banks.

Published 10 October 2024
Categorised as Finance News

Here’s the inflation breakdown for September 2024 — in one chart

Inflation fell in September as gasoline prices declined and housing inflation moderated, according to the consumer price index.

Published 10 October 2024
Categorised as Finance News

Hedge funds do an about-face on the China trade, selling stocks in record numbers

Hedge funds posted the largest single-day net selling of Chinese securities on Tuesday, according to Goldman Sachs’ prime brokerage data.

Published 10 October 2024
Categorised as Finance News

Inflation rate at 2.4% in September, topping expectations; jobless claims highest since August 2023

The consumer price index was expected to show a 0.1% increase in September and a 2.3% gain from a year ago, according to Dow Jones consensus estimates.

Published 10 October 2024
Categorised as Finance News

Stocks making the biggest moves premarket: Delta Air Lines, CVS Health, Nike and more

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

Published 10 October 2024
Categorised as Finance News

7-Eleven’s parent company cuts full-year earnings forecast, presses ahead with restructuring

The news comes as the Japanese retail group resists a takeover attempt by Canada’s Alimentation Couche-Tard.

Published 10 October 2024
Categorised as Finance News

Ripple launches crypto storage services for banks in bid to diversify

Ripple said it is launching a slew of features aimed at helping banks and fintechs store digital tokens — as part of a broader push into crypto custody.

Published 10 October 2024
Categorised as Finance News

Fed officials were divided on whether to cut rates by half a point in September, minutes show

The Federal Reserve on Wednesday releases minutes from its Sept. 17-18 policy meeting.

Published 9 October 2024
Categorised as Finance News

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