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Financial News Around the World

Consumer debt passes $17 trillion for the first time despite slide in mortgage demand

The total for borrowing across all categories hit $17.05 trillion, an increase of nearly $150 billion, or 0.9% during the January-to-March period.

Published 15 May 2023
Categorised as Finance News

Hamptons rental prices fall for the summer as owners contend with oversupply

At the start of the Covid pandemic, throngs of wealthy New Yorkers fled the city for the Hamptons and many bought homes. Now they want to find renters.

Published 15 May 2023
Categorised as Finance News

Paul Tudor Jones says the Fed is done raising rates, stocks to finish the year higher from here

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Published 15 May 2023
Categorised as Finance News

Barbara Corcoran’s $16 million ‘Shark Tank’ strategy: ‘I’m always looking for the same No. 1 trait’

Barbara Corcoran says she cares less about products and services pitched on “Shark Tank,” and more about whether the contestant has ambition. Here’s why.

Published 15 May 2023
Categorised as Finance News

Stocks making the biggest premarket moves: Shake Shack, Charles Schwab, H&R Block, DuPont and more

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

Published 15 May 2023
Categorised as Finance News

Fed’s Bostic casts doubt on rate cuts this year even if there’s a recession

Atlanta Federal Reserve President Raphael Bostic spoke Monday on CNBC’s “Squawk Box.”

Published 15 May 2023
Categorised as Finance News

Vice Media files for bankruptcy to enable sale to lenders including Soros and Fortress

Once a digital media darling, Vice Media Group on Monday filed for bankruptcy protection after years of financial troubles.

Published 15 May 2023
Categorised as Finance News

Crypto companies are playing poker with the SEC as agency cracks down on the industry

Firms like Coinbase and Ripple are playing a game of poker with the SEC, testing the limits of their lobbying power in the hope they can get it to back down.

Published 14 May 2023
Categorised as Finance News

No, you can’t ride a lion on safari — why more companies are telling travelers ‘no’ these days

Social media, sustainability measures and staffing shortages are among the reasons travel companies are having to deny travelers’ requests these days.

Published 14 May 2023
Categorised as Finance News

Bill Gates: Here are ‘the 5 things I wish I was told at the graduation I never had’

Bill Gates didn’t finish college, but he knows what he would have wanted to hear upon graduating, he said in a Northern Arizona University commencement speech.

Published 13 May 2023
Categorised as Finance News

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