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Financial News Around the World

Wall Street cut China’s GDP forecast many times this year. One bank adjusted 6 times

International investment firms have changed their China GDP forecasts nearly every month so far this year, with JPMorgan making six adjustments since January.

Published 24 July 2023
Categorised as Finance News

China’s earnings season is just getting started. Here are some winners to watch

While big questions swirl about China’s macro policy, some sectors are seeing fundamentals shift in their favor.

Published 23 July 2023
Categorised as Finance News

Mark Cuban says this is the No. 1 biggest time waster: ‘It kills so much time’

Cuban doesn’t have much time to waste as a billionaire investor, Dallas Mavericks owner, “Shark Tank” personality, author and father of three.

Published 23 July 2023
Categorised as Finance News

Retail bets on zero day options are growing, but they may come at a price

Buyer beware? A sophisticated trading tool is becoming more accessible to retail investors.

Published 22 July 2023
Categorised as Finance News

A controversial hack to save on plane tickets carries a ‘super big risk,’ says travel expert

Consumers can save money on airfare by “skiplagging.” However, airlines generally prohibit the practice — and there may be repercussions if you’re caught.

Published 22 July 2023
Categorised as Finance News

American Express shares dip after earnings. Here’s how to play the stock

Pros on CNBC discussed American Express after it posted mixed second-quarter results that beat on earnings but missed on revenue.

Published 21 July 2023
Categorised as Finance News

FTX lobbyist tried to buy Pacific island of Nauru to create a new superspecies, lawsuit says

Gabe Bankman-Fried, the younger brother of FTX’s founder, tried to buy the island nation of Nauru to build a shelter to create a superhuman species in a lab.

Published 21 July 2023
Categorised as Finance News

This lesser-known 401(k) plan change will soon strip higher earners of a tax break

There’s a 401(k) catch-up contribution change coming for higher earners in 2024. Here’s what older retirement savers need to know.

Published 21 July 2023
Categorised as Finance News

Cathie Wood says her flagship innovation fund has completely exited China

Ark Invest’s Cathie Wood said her flagship innovation fund has reduced its China exposure to zero as the developing market faces an economic slowdown.

Published 21 July 2023
Categorised as Finance News

Stocks making the biggest moves midday: Scholastic, AutoNation, Herc, American Express and more

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

Published 21 July 2023
Categorised as Finance News

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