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Financial News Around the World

Young consumers’ luxury spending has ‘fallen off a cliff’ in recent months, says Gerald Storch

Gerald Storch, Storch Advisors CEO, joins ‘Fast Money’ to talk consumer retail trends after Nike’s mixed quarterly report.

Published 29 June 2023
Categorised as Finance News

Disney stock downgraded on growth uncertainty. Here’s what the pros say

Pros on CNBC discuss Disney after KeyBanc downgraded the stock to sector weight from overweight.

Published 29 June 2023
Categorised as Finance News

4 ways to save on cooling costs as a dangerous heat wave grips millions of Americans

Here are four ways to save on cooling costs as a dangerous heat wave threatens millions of Americans.

Published 29 June 2023
Categorised as Finance News

Stocks making the biggest moves midday: Occidental Petroleum, Wells Fargo, Micron, Joby and more

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

Published 29 June 2023
Categorised as Finance News

First-quarter economic growth was actually 2%, up from 1.3% first reported in major GDP revision

The U.S. economy showed much stronger-than-expected growth in the first quarter than previously thought.

Published 29 June 2023
Categorised as Finance News

3 reasons it can be smarter to rent, even if you can afford to buy

Flexibility, the “nuisance” factor and the hidden costs of homeownership may mean renting is the better choice for some people.

Published 29 June 2023
Categorised as Finance News

Stocks making the biggest premarket moves: Joby, Micron, Wells Fargo, Freyr Battery and more

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

Published 29 June 2023
Categorised as Finance News

Huawei says applying 5G technology to business was more difficult than expected

Huawei’s Chief Financial Officer Meng Wanzhou said Wednesday that applying 5G to business was more difficult than she had expected.

Published 29 June 2023
Categorised as Finance News

Federal Reserve says 23 biggest banks weathered severe recession scenario in stress test

Begun in the aftermath of the 2008 financial crisis, the Fed’s annual stress test dictates how much capital the industry can return to shareholders.

Published 28 June 2023
Categorised as Finance News

Here’s what a new Supreme Court case could mean for federal wealth tax proposals

The Supreme Court will soon hear a case that could have broad effects on the U.S. tax code, including future wealth tax proposals.

Published 28 June 2023
Categorised as Finance News

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Recent Posts

  • Apollo gives investors only 45% of requested withdrawals from $15 billion private credit fund
  • Jeffrey Gundlach says it’s a ‘going nowhere’ market, warns of private credit strains
  • Stocks making the biggest moves midday: Palantir, Flutter, United Airlines, Synopsys, Insmed & more
  • Volume in stock and oil futures surged minutes before Trump’s market-turning post
  • U.S. executives, from Apple to Eli Lilly, revamp their push into the world’s second-largest economy at the China Development Forum

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