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Financial News Around the World

Morgan Stanley CEO plans to step down within the year, sparking Wall Street succession race

Morgan Stanley’s board has narrowed its CEO search to three “very strong” internal candidates to succeed Gorman, the chief said.

Published 19 May 2023
Categorised as Finance News

Stocks making the biggest moves premarket: Farfetch, Deere, Applied Materials and more

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

Published 19 May 2023
Categorised as Finance News

Fed may be forced to defy market expectations and hike more aggressively, economist says

The U.S. Federal Reserve may be forced to defy market expectations hike interest rates aggressively again later this year, according to Daniele Antonucci, chief economist at Quintet Private Bank.

Published 19 May 2023
Categorised as Finance News

Children’s’ allowances are outpacing inflation in Britain — with kids now getting $8 a week

Pocket money rose by more than inflation in the UK in the last year, and kids found ways to boost their income on top of that, a new report says.

Published 19 May 2023
Categorised as Finance News

Walmart shares rise slightly on higher full-year guidance. Here’s how to play the stock

Pros on CNBC discussed Walmart after the retailer beat earnings and revenue estimates for the first quarter.

Published 18 May 2023
Categorised as Finance News

Bentley CEO says customization craze among the wealthy is boosting profit

The rise of customization is driving record profits across the super-car segment, from Rolls-Royce and Ferrari to Lamborghini, Aston Martin and McLaren.

Published 18 May 2023
Categorised as Finance News

The free online tax-filing system IRS is testing doesn’t include automated returns — but pre-populated ones may be possible, research shows

The IRS is testing free direct filing for some taxpayers in 2024. Research shows that pre-populated tax returns may be possible for some filers.

Published 18 May 2023
Categorised as Finance News

Stocks making the biggest moves midday: Walmart, Netflix, Alibaba, Nvidia & more

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

Published 18 May 2023
Categorised as Finance News

Consumers becoming more discerning and looking for value, says Dana Telsey

Dana Telsey, Telsey Advisory Group CEO, joins ‘Squawk on the Street’ to discuss the current state of the consumer, if the last few days of retail results give any insight into the consumer and signs of a potential crack down in luxury goods.

Published 18 May 2023
Categorised as Finance News

This $18 million Invisible House is the most expensive listing in Joshua Tree — and it’s already a money-maker

It was one of Airbnb’s most wish-listed properties in 2023 and generated $1.4 million in revenue between guest rentals and production shoots.

Published 18 May 2023
Categorised as Finance News

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