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Financial News Around the World

The world’s largest sovereign wealth fund loses $174 billion in the first half, cites inflation and war in Europe

The $1.3 trillion fund returned a negative 14.4% during the period, as stocks and bonds reacted violently to global recession fears and skyrocketing inflation.

Published 17 August 2022
Categorised as Finance News

Mark Cuban’s advice for his younger self and anyone starting their career: Learn to ‘be a salesperson’

Billionaire Mark Cuban said if he could tell his younger self one thing, it would be to do exactly what he was already doing: “Be a salesperson.”

Published 17 August 2022
Categorised as Finance News

Stocks making the biggest moves premarket: Lowe’s, Target, TJX and more

These are the stocks posting the largest moves before the bell.

Published 17 August 2022
Categorised as Finance News

A high-profile meeting in China may have tipped off which provinces will have highest growth

Chinese Premier Li Keqiang has called on six provinces to take the lead in supporting the country’s growth after July data showed a slowdown across the board.

Published 17 August 2022
Categorised as Finance News

Looking for an offbeat European holiday? This island has its own rules, language and vodka

Accessible via ferry or flight, Jersey has nearly 50 miles of coastline, more sunshine than mainland U.K. and plenty for travelers to do in the Channel Islands.

Published 17 August 2022
Categorised as Finance News

Bed Bath & Beyond soars as much as 70% as meme traders talk up Ryan Cohen’s call options purchase

Bed Bath & Beyond jumped as meme stock traders piled in, encouraged by GameStop Chairman Ryan Cohen placing another bet on the struggling retailer.

Published 17 August 2022
Categorised as Finance News

CNBC Chairman Mark Hoffman to step down in September

CNBC Chairman Mark Hoffman will step down next month after running the network since 2005.

Published 16 August 2022
Categorised as Finance News

IRS interest rates jump to 6% on Oct. 1. Here’s how much money you’ll get for a missing refund

If you’re still waiting on a tax refund, you may be earning interest on your unpaid balance, and the rate jumps to 6% on Oct. 1, according to the IRS.

Published 16 August 2022
Categorised as Finance News

Stocks making the biggest moves midday: Walmart, Bed Bath & Beyond, Zoom, Ally and more

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

Published 16 August 2022
Categorised as Finance News

3 takeaways from the Investing Club’s ‘Morning Meeting’ on Tuesday

The Investing Club hosts its “Morning Meeting” every weekday at 10:20 a.m. ET.

Published 16 August 2022
Categorised as Finance News

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  • Powell may have a hard time avoiding Trump’s ‘Too Late’ label even as Fed chief does the right thing
  • Powell may have a hard time avoiding Trump’s ‘Too Late’ label even as Fed chief does the right thing
  • Powell may have a hard time avoiding Trump’s ‘Too Late’ label even as Fed chief does the right thing

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