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Financial News Around the World

Inflation slowed to a 3.1% annual rate in November

The consumer price index was expected to be flat in November and up 3.1% from a year ago, according to Dow Jones consensus estimates.

Published 12 December 2023
Categorised as Finance News

The $68 trillion great wealth transfer is ‘an unprecedented time’ for women, advisor says. Here’s why

Over the next decade, women will capture a significant share of the money changing hands as part of the greatest generational wealth transfer in history.

Published 12 December 2023
Categorised as Finance News

Stocks making the biggest premarket moves: Hasbro, Oracle, Zillow, Crocs and more

These are the some of the stocks posting the largest moves in the premarket.

Published 12 December 2023
Categorised as Finance News

Hargreaves Lansdown, AJ Bell shares sink as UK regulator warns on charges

Hargreaves Lansdown and AJ Bell saw their shares plunge after a U.K. regulator warned that it may intervene on fees and interest charges.

Published 12 December 2023
Categorised as Finance News

Michael Milken says the Fed won’t move too early and risk massive inflation like the 1970s

The famed investor expects the central bank will be sure to tamp out inflation before starting to lower rates so as to avoid a repeat of the 1970s.

Published 12 December 2023
Categorised as Finance News

India overtakes Hong Kong to become the world’s seventh largest stock market

India has been a standout market this year in the Asia-Pacific region, while Hong Kong is the worst performer among the region’s major equity markets.

Published 12 December 2023
Categorised as Finance News

Warren Buffett’s Berkshire Hathaway continues to sell HP shares, reducing stake to 5.2%

Berkshire still owns 51.5 million shares of HP. The position is worth about $1.6 billion based on Monday’s close of $30.37.

Published 11 December 2023
Categorised as Finance News

Here’s how advisors are using Roth conversions to reduce taxes for inherited IRAs

Roth individual retirement account conversions have become more attractive for legacy planning, experts say. Here’s what retirees and their heirs need to know.

Published 11 December 2023
Categorised as Finance News

Stocks making the biggest moves midday: Macy’s, Cigna Group, Eli Lilly, Paramount and more

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

Published 11 December 2023
Categorised as Finance News

Citi sees a big year for stocks in 2024 with S&P 500 finishing at 5,100

Citi set a year-end target of 5,100 for the S&P 500 and advocated for a shift away from mega-cap stocks to play to the broadening of the market rally.

Published 11 December 2023
Categorised as Finance News

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Recent Posts

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