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Financial News Around the World

These are common (and costly) Roth IRA conversion mistakes. Here’s how to avoid them

While Roth individual retirement account conversions may be alluring when the stock market dips, it’s easy to make mistakes, financial experts say.

Published 11 October 2022
Categorised as Finance News

Mobile bank N26’s losses widen after ramping up spending on fraud controls

The Berlin-based startup continued to lose money in 2021, with its net loss climbing 14% to 172.4 million euros.

Published 11 October 2022
Categorised as Finance News

Stocks making the biggest moves premarket: Zscaler, BlackRock, Roblox and more

These are the stocks posting the largest moves before the bell.

Published 11 October 2022
Categorised as Finance News

China rushes to control new Covid cases across the country

New Covid cases are spiking across mainland China, prompting many local authorities to tighten controls on movement.

Published 11 October 2022
Categorised as Finance News

Jamie Dimon says Musk should ‘clean up Twitter,’ echoes Tesla CEO’s bot concerns

Jamie Dimon appears to be a fan of Elon Musk’s $44 billion Twitter takeover deal.

Published 11 October 2022
Categorised as Finance News

Airlines are adding more flights in Asia. Here’s how that may affect airfares

Recent announcements from major airlines show that commercial aviation continues to rebound in the region. But it may take some time before airfares fall.

Published 11 October 2022
Categorised as Finance News

U.S. should pump more oil to avert war-level energy crisis, says JPMorgan’s Jamie Dimon

JPMorgan Chase CEO Jamie Dimon said Monday that the U.S. should forge ahead in pumping more oil and gas to help alleviate the global energy crisis.

Published 10 October 2022
Categorised as Finance News

Here’s how uber-rich pass wealth to heirs tax-free when markets are down

Wealthy people like Michael Bloomberg and Mark Zuckerberg have used grantor-retained annuity trusts. The trusts have better odds of success in down markets.

Published 10 October 2022
Categorised as Finance News

‘This is serious’: JPMorgan’s Jamie Dimon warns U.S. likely to tip into recession in 6 to 9 months

JPMorgan Chase CEO Jamie Dimon warned that a “very, very serious” mix of headwinds was likely to tip both the U.S. and global economy into recession.

Published 10 October 2022
Categorised as Finance News

Fed’s Evans says fighting inflation is the top priority even if that means job losses

Chicago Fed President Charles Evans said the central bank is holding fast in its commitment to bring down inflation.

Published 10 October 2022
Categorised as Finance News

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  • Most Fed officials see rate cuts coming, but opinions vary widely on how many, minutes show
  • Most Fed officials see rate cuts coming, but opinions vary widely on how many, minutes show
  • Most Fed officials see rate cuts coming, but opinions vary widely on how many, minutes show
  • Most Fed officials see rate cuts coming, but opinions vary widely on how many, minutes show

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