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Financial News Around the World

IRS delays change for 401(k) catch-up contributions. Here’s what higher earners need to know

IRS has delayed the ‘Secure 2.0’ change for 401(k) catch-up contributions. Here’s what higher earners need to know.

Published 28 August 2023
Categorised as Finance News

Why it’s hard to find an inexpensive new car these days — just one model has an average price below $20,000

While there was just one car model with the average price below $20,000 in July, automakers are responding to consumers’ preferences towards features.

Published 28 August 2023
Categorised as Finance News

Stocks making the biggest moves midday: RPT Realty, Mister Car Wash, Boston Scientific, 3M and more

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

Published 28 August 2023
Categorised as Finance News

Goldman Sachs unloads another business acquired under CEO David Solomon

Amid CEO David Solomon’s push to unload or shutter several businesses tied to his retail banking plan, the high-net worth business was deemed too small.

Published 28 August 2023
Categorised as Finance News

Stocks making the biggest moves premarket: 3M, CrowdStrike, Xpeng and more

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

Published 28 August 2023
Categorised as Finance News

European stocks set to open higher after Fed chair signals more rate hikes possible

European shares are set to open higher on the final trading week of August, as traders weighed the prospect of higher interest rates from the Federal Reserve.

Published 28 August 2023
Categorised as Finance News

Singapore’s OCBC bank suffers brief outage, shares gain 1%

OCBC card, branch and ATM services were restored at 10.37 a.m.

Published 28 August 2023
Categorised as Finance News

Chinese EV startup Xpeng shares soar after announcing $744 million deal with Didi

Chinese electric car company Xpeng has signed yet another joint car production deal.

Published 28 August 2023
Categorised as Finance News

Your boarding pass and weight, please: Why airlines are asking passengers to step on the scales

Airlines weigh passengers in the name of safety and fuel efficiency, often because it’s required by law. But whether it’s necessary depends on who you ask.

Published 27 August 2023
Categorised as Finance News

China’s big internet names have mostly beat. Here’s where analysts think the stocks are headed

Chinese internet tech companies Alibaba, Tencent and Baidu have reported solid quarterly earnings this month.

Published 27 August 2023
Categorised as Finance News

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