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Financial News Around the World

European tech funding halves to $45 billion, back to pre-Covid levels — but AI is a bright spot

Overall funding for European venture-backed companies is projected to decline 45% in 2023 from a year ago, according to VC firm Atomico.

Published 28 November 2023
Categorised as Finance News

There is a ‘massive shift’ to digital in the auction market, says Christie’s

Francis Belin, president of Asia Pacific at Christie’s, says the auction industry has seen a digital transformation following the Covid-19 pandemic, where in the first half of 2023, “80% of all the bids that we had at Christie’s globally … were bids online.”

Published 28 November 2023
Categorised as Finance News

Wells Fargo unveils 2024 target, warns of ‘really, really sloppy’ first half for stocks

Wells Fargo Securities’ Chris Harvey sees a volatile path to his S&P 500 to 4,625 year-end target.

Published 28 November 2023
Categorised as Finance News

This exchange is expanding its short-term options portfolio as ‘zero-day’ bets boom

Nasdaq launched new short-term options on asset classes like oil and bonds that expire on Wednesdays.

Published 27 November 2023
Categorised as Finance News

More employers offer a Roth 401(k) — and a Secure 2.0 change may prompt more workers to use it

Roth is a type of after-tax savings. Secure 2.0, a retirement law passed last year, is poised to increase adoption even more in the workplace.

Published 27 November 2023
Categorised as Finance News

Can money buy happiness? 60% of Americans say yes — and the price tag is $1.2 million

If happiness has a price tag, the average person believes it stands at $1.2 million, according to Empower’s financial happiness report.

Published 27 November 2023
Categorised as Finance News

Stocks making the biggest moves midday: Foot Locker, Okta, Carnival, Shopify and more

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

Published 27 November 2023
Categorised as Finance News

‘Same as ever’: Lessons on wealth, greed and happiness from Morgan Housel

Morgan Housel has become the Mark Twain of financial writers.

Published 27 November 2023
Categorised as Finance News

These regional banks are at greatest risk of being taken over by rivals, according to KBW

Regional banks are weighed down by concerns over the impact of new rules and the risk of a recession on loan losses, particularly in commercial real estate.

Published 27 November 2023
Categorised as Finance News

22-year-old Olympic skateboarder owns 3 homes but still pays $2,000 a month to rent an apartment—here’s why

Jagger Eaton says growing up “broke” motivates him to thing about his long-term finances.

Published 27 November 2023
Categorised as Finance News

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