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Financial News Around the World

Fed holds rates steady, upgrades assessment of economic growth

The Federal Reserve on Wednesday again held benchmark interest rates steady amid a backdrop of a growing economy and labor market.

Published 1 November 2023
Categorised as Finance News

IRS announces 2024 retirement account contribution limits: $23,000 for 401(k) plans, $7,000 for IRAs

The IRS has increased the 401(k) plan contribution limits for 2024, allowing employees to defer up to $23,000 into workplace plans, up from $22,500 in 2023.

Published 1 November 2023
Categorised as Finance News

Here’s what changed in the new Fed statement

This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in September.

Published 1 November 2023
Categorised as Finance News

Here’s what investors should consider now that Series I bonds are paying 5.27%

Series I bonds are now paying 5.27% annual interest through April 2024. Here’s how to know if you should buy I bonds.

Published 1 November 2023
Categorised as Finance News

Stocks making the biggest moves midday: Estée Lauder, Yum China, Paycom Software and more

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

Published 1 November 2023
Categorised as Finance News

Credit Suisse intervention avoided ‘financial crisis,’ Swiss National Bank chairman says

Swiss National Bank Chairman Thomas Jordan said the central bank’s interventions during the fall of Credit Suisse were “crucial” to avoid a “financial crisis.”

Published 1 November 2023
Categorised as Finance News

Private sector payrolls rose 113,000 in October, less than expected, ADP says

ADP reported that companies added 113,000 workers for the month, higher than the 89,000 in September but below the estimate of 130,000.

Published 1 November 2023
Categorised as Finance News

Stocks making the biggest moves premarket: AMD, WeWork, Wayfair, Humana and more

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

Published 1 November 2023
Categorised as Finance News

Stanley Druckenmiller says government needs to stop spending like ‘drunken sailors,’ cut entitlements

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Published 1 November 2023
Categorised as Finance News

Bank of America says be wary of a soft holiday shopping season, gives its top picks

A number of value retailers and specialty stores could still benefit this holiday season after a slow start to winter shopping, according to Bank of America.

Published 1 November 2023
Categorised as Finance News

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