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Financial News Around the World

Category: Finance News

Michael Jordan sneakers, Kobe Bryant gear lead blockbuster Sotheby’s auction

Michael Jordan’s signed 1998 sneakers are the cornerstone of a two-part Sotheby’s auction of game-worn sports memorabilia.

Published 6 April 2023
Categorised as Finance News

Elon Musk wants to pause ‘dangerous’ AI development. Bill Gates disagrees—and he’s not the only one

An open letter calling for a development pause on AI systems like ChatGPT has more than 13,500 signatures — but Bill Gates and AI developers are pushing back.

Published 6 April 2023
Categorised as Finance News

Stocks making the biggest moves midday: Costco, Bed Bath & Beyond, AMC, FedEx and more

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

Published 6 April 2023
Categorised as Finance News

Here’s why travel to Europe is no longer a ‘screaming, bargain-basement’ deal

Last year, the euro and U.S. dollar hit parity for the first time since 2002. The dollar has since weakened, and purchases have gotten pricier for Americans.

Published 6 April 2023
Categorised as Finance News

Billionaire Mark Cuban says successful people aren’t afraid to go broke: ‘When you’ve got nothing to lose, you go for it’

Any successful business owner needs to accept the possibility of going broke, says billionaire entrepreneur and “Shark Tank” star Mark Cuban.

Published 6 April 2023
Categorised as Finance News

If you’re worried about market volatility, here’s how this advisor says you should handle the stress

Behavioral finance tells us we are inherently bad investors, prone to making decisions based on emotions rather than evidence and self-interest.

Published 6 April 2023
Categorised as Finance News

Layoffs are up nearly fivefold so far this year with tech companies leading the way

Companies announced nearly 90,000 layoffs in March, a sharp step up from the previous month.

Published 6 April 2023
Categorised as Finance News

Australian regulator cancels Binance’s license at exchange’s own request

Facing a probe from the Australian Securities & Investments Commission, Binance asked the regulator to cancel its derivatives license.

Published 6 April 2023
Categorised as Finance News

March’s banking chaos gave short sellers their biggest profits since the financial crisis

Short sellers were sitting on more than $7 billion in profit from the mass sell-off of bank shares last month, according to data firm Ortex.

Published 6 April 2023
Categorised as Finance News

Stocks making the biggest moves premarket: Costco Wholesale, Richardson Electronics, FedEx and more

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

Published 6 April 2023
Categorised as Finance News

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  • Xiaomi takes aim at Tesla’s bestselling car in China with its longer-range YU7
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