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Financial News Around the World

Category: Finance News

Fed rate cuts should favor preferred stocks, Virtus money manager says

One financial firm is trying to capitalize on preferred stocks – which carry more risks than bonds, but fewer risks than common stocks.

Published 5 October 2024
Categorised as Finance News

Fed close to pulling off the elusive economic soft landing in 2024 after great September jobs report

If this sounds like a Goldilocks scenario, it’s probably not far from it, even with the lingering inflation concerns.

Published 4 October 2024
Categorised as Finance News

Stocks making the biggest moves midday: Rivian, Abercrombie & Fitch, CVS, Spirit Airlines and more

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

Published 4 October 2024
Categorised as Finance News

Jobless rates fall for Black and Hispanic men in September

Black and Hispanic men experienced a fall in jobless rates in September.

Published 4 October 2024
Categorised as Finance News

Here’s where the jobs are for September 2024 — in one chart

Hospitality and health care were two bright spots for the U.S. labor market in September, according to Friday’s jobs report.

Published 4 October 2024
Categorised as Finance News

U.S. job creation totaled 254,000 in September, much better than expected

Nonfarm payrolls were expected to increase by 150,000 in September, according to the Dow Jones consensus forecast.

Published 4 October 2024
Categorised as Finance News

Stocks making the biggest moves premarket: Spirit Airlines, Summit Therapeutics, Rivian and more

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

Published 4 October 2024
Categorised as Finance News

Here’s everything to expect when the September jobs report is released Friday

Nonfarm payrolls are projected to show growth of 150,000, form 142,000 the month before, with a steady unemployment rate of 4.2%.

Published 3 October 2024
Categorised as Finance News

Stocks making the biggest moves midday: Hims & Hers Health, Joby Aviation, Levi Strauss and more

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

Published 3 October 2024
Categorised as Finance News

Digital bank Revolut slams Meta over approach to scams, says tech giant should compensate victims

British fintech Revolut criticized Meta over its approach to tackling fraud and said the U.S. tech giant should directly compensate fraud victims.

Published 3 October 2024
Categorised as Finance News

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