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Financial News Around the World

JPMorgan Chase shares slip after bank says CEO Jamie Dimon is selling 1 million shares

JPMorgan Chase CEO Jamie Dimon will begin to sell 1 million shares of the bank he runs next year, the bank said.

Published 27 October 2023
Categorised as Finance News

Elon Musk wants your ‘entire financial life’ on X: Report

X owner Elon Musk wants to create a future in which X users can use the platform for their entire financial lives, according to a report from The Verge.

Published 27 October 2023
Categorised as Finance News

Bank branches inside supermarkets are closing 7 times faster than other locations

PNC, Citizens Financial and U.S. Bank shut the most in-store locations recently at chains including Safeway and Stop & Shop.

Published 27 October 2023
Categorised as Finance News

Key Fed inflation gauge rose 0.3% as expected in September; spending tops estimate

The core personal consumption expenditures price index was expected to increase 0.3% in September.

Published 27 October 2023
Categorised as Finance News

Global bond rout looks ‘tremendously dangerous’ for stocks, hedge fund manager warns

An intensifying bond rout is creating a “tremendously dangerous” outlook for global equities, according to Livermore Partners’ CIO.

Published 27 October 2023
Categorised as Finance News

Stocks making the biggest moves premarket: Amazon, Intel, Enphase Energy and more

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

Published 27 October 2023
Categorised as Finance News

Huawei’s revenue barely rose in the third quarter, despite phone and car sales growth

Chinese tech giant Huawei reported revenue figures Friday that showed only a 1% increase in the third quarter from a year ago, according to CNBC calculations.

Published 27 October 2023
Categorised as Finance News

Chinese smartphone maker Xiaomi releases a new operating system as it plans car integration

Chinese smartphone and appliance maker Xiaomi announced late Thursday a new operating system — as it plans to release its own car.

Published 27 October 2023
Categorised as Finance News

Stocks making the biggest moves after hours: Intel, Amazon, Chipotle, Enphase Energy and more

See which stocks are posting big moves after the bell.

Published 26 October 2023
Categorised as Finance News

Morgan Stanley just picked its new CEO. Here’s our take on the succession news

The announcement “removes an uncertainty” for the firm at a time of macroeconomic and geopolitical challenges, Jim Cramer said Thursday.

Published 26 October 2023
Categorised as Finance News

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