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Financial News Around the World

Yellen says it should be ‘unthinkable’ for the U.S. to default on its debt

U.S. Treasury Secretary Janet Yellen spoke to reporters ahead of the G-7 finance ministers and central bank governors meetings in Niigata, Japan.

Published 11 May 2023
Categorised as Finance News

Covid caused huge shortages in the jobs market. It may be easing — but there’s another problem ahead

Since the onset of Covid-19, labor shortages have plagued major economies and intensified inflationary pressures, but economists expect this trend to finally abate.

Published 11 May 2023
Categorised as Finance News

Stocks making the biggest moves after hours: Disney, Beyond Meat, Sonos, Robinhood and more

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

Published 10 May 2023
Categorised as Finance News

Twilio tanks on 2Q forecast. This is what it could mean for the stock

Pros on CNBC discuss Twilio’s stock plunge after its weaker-than-expected guidance for second-quarter earnings and revenue.

Published 10 May 2023
Categorised as Finance News

Here’s the best time to redeem Series I bonds to maximize your interest

If you want to sell your Series I bonds, it’s important to consider the timing of the three-month interest penalty to maximize your earnings.

Published 10 May 2023
Categorised as Finance News

Stocks making the biggest moves midday: Roblox, Icahn Enterprises, Rivian, Airbnb and more

These are the stocks posting the largest moves midday.

Published 10 May 2023
Categorised as Finance News

Traders raise the chances for a Fed rate cut following April inflation report

Traders on Wednesday raised the chances of a September interest rate cut to close to 80%.

Published 10 May 2023
Categorised as Finance News

Carl Icahn’s company stock falls as much as 20% after prosecutors seek financial information

Regulators contacted Icahn Enterprises last Wednesday seeking information about corporate governance and other materials.

Published 10 May 2023
Categorised as Finance News

Here’s the inflation breakdown for April 2023 — in one chart

Inflation moderated for the 10th consecutive month in April. Households will likely see continuing price relief in food, energy and housing, economists said.

Published 10 May 2023
Categorised as Finance News

Apple versus the world: The iPhone maker is bigger than almost any stock market in the world

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Published 10 May 2023
Categorised as Finance News

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