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Financial News Around the World

Category: Finance News

Port strike could reignite inflation, with larger economic impact dependent on how long it lasts

Manufacturers of everything from trucks to toys to artificial Christmas trees face obstacles now that the ILA has called a stoppage.

Published 1 October 2024
Categorised as Finance News

Stocks making the biggest moves midday: Lockheed Martin, Paychex, CVS and more

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

Published 1 October 2024
Categorised as Finance News

Saudi Arabia slashes growth forecasts, sees wider budget deficits

Saudi Arabia’s real GDP is expected to grow 0.8% this year, a dramatic drop from a previous estimate of 4.4%, according to the latest government figures.

Published 1 October 2024
Categorised as Finance News

Charles Schwab CEO Walt Bettinger to retire at end of 2024, Rick Wurster to replace him

After 16 years leading the brokerage firm, Bettinger will be replaced by an internal CEO hire.

Published 1 October 2024
Categorised as Finance News

Mastercard to buy Swedish startup that makes it easier to manage and cancel subscription plans

The payments giant touted the deal as a way to help consumers with a key pain point — managing the myriad subscription services that exist today.

Published 1 October 2024
Categorised as Finance News

Stocks making the biggest moves premarket: Ford, Clorox, Boeing, Pinterest and more

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

Published 1 October 2024
Categorised as Finance News

London-based Robinhood rival Freetrade buys UK arm of Australian investing platform Stake

British retail investing app Freetrade has entered into an agreement with Australian rival Stake to take on all of the company’s U.K. clients and their assets.

Published 1 October 2024
Categorised as Finance News

Robinhood launches crypto transfers in Europe as it pushes overseas expansion

Retail investing platform Robinhood is setting sights on an EU expansion as part of broader plans to increase its global foothold.

Published 1 October 2024
Categorised as Finance News

China’s stock surge has echoes of the 2015 bubble. What’s different this time

The rocket up in Chinese stocks so far looks different from the market bubble in 2015, analysts said.

Published 1 October 2024
Categorised as Finance News

Powell indicates further rate cuts, but insists the Fed is ‘not on any preset course’

The central bank chief asserted that he will seek to balance fighting inflation with supporting the labor market.

Published 30 September 2024
Categorised as Finance News

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