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Financial News Around the World

Big bank executives will assure lawmakers the industry’s crisis is over, KBW CEO Thomas Michaud predicts

Thomas Michaud, CEO of Stifel company KBW, believes the industry’s deposits and earnings are stable. But he thinks deposit insurance reform is still needed.

Published 6 December 2023
Categorised as Finance News

Vietnamese companies eye the U.S. IPO market amid a lull in Chinese listings

A new group of Asia-based companies are contemplating IPOs in the U.S., where international listings were once driven mostly by Chinese startups

Published 5 December 2023
Categorised as Finance News

Stocks making the biggest moves after hours: Box, MongoDB, Dave & Buster’s and more

See which stocks are posting big moves after the bell.

Published 5 December 2023
Categorised as Finance News

Job data suggests ‘soft landing’ is increasingly likely, economists say

Job openings pulled back in October while hires, quits and layoffs stayed steady, pointing to a nearly balanced labor market, economists said.

Published 5 December 2023
Categorised as Finance News

Supreme Court hears tax case on ‘income’: It may ‘have the biggest fiscal policy effects of any court decision,’ expert says

The Supreme Court on Tuesday is hearing oral arguments for Moore v. United States, a case that could affect broad swaths of the U.S. tax code.

Published 5 December 2023
Categorised as Finance News

Stocks making the biggest moves midday: Apple, Nio, CVS Health, GitLab and more

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

Published 5 December 2023
Categorised as Finance News

Ermenegildo Zegna on taking advantage of the ‘quiet luxury’ trend and post-Covid dress codes

Ermenegildo Zegna, Ermenegildo Zegna chairman and CEO, joins ‘Squawk on the Street’ to discuss what Zegna is telling investors about demand for luxury items, how the Asian consumer has performed, and how consumers are dressing.

Published 5 December 2023
Categorised as Finance News

At 99, billionaire Charlie Munger shared how to avoid major mistakes in life: Dodge ‘toxic people and toxic activities’

One of Charlie Munger’s final pieces of advice was to avoid toxic people, in both business and life.

Published 5 December 2023
Categorised as Finance News

Job openings slide to 8.7 million in October, well below estimate, to lowest level since March 2021

Employment openings totaled 8.73 million for the month, a decline of 617,000, or 6.6%, the Labor Department reported Tuesday.

Published 5 December 2023
Categorised as Finance News

A 401(k) rollover is ‘the single largest transaction’ many investors make, expert says. What to know before doing it

A rollover may be the largest financial transaction a household ever makes. There are pros and cons to consider.

Published 5 December 2023
Categorised as Finance News

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