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Financial News Around the World

Goldman Sachs says jobs mismatch drove up China’s youth unemployment

Record unemployment among China’s young people stems partly from a mismatch between their majors and available jobs, Goldman Sachs analysts said.

Published 23 May 2023
Categorised as Finance News

Jamie Dimon warns souring commercial real estate loans could threaten some banks

U.S. banks have experienced historically low loan defaults over the last few years due to low interest rates and the flood of Covid stimulus money.

Published 22 May 2023
Categorised as Finance News

Apple trades flat despite rare downgrade. Here’s what the pros have to say

Pros on CNBC discussed Apple after the company was hit with a rare analyst downgrade.

Published 22 May 2023
Categorised as Finance News

Stocks making the biggest moves midday: PacWest, DraftKings, Pfizer, Foot Locker and more

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

Published 22 May 2023
Categorised as Finance News

Barbara Corcoran: ‘I’ve never saved a dime my whole life’—here’s why it made her richer

Saving your money is common advice. Barbara Corcoran says she believes the opposite: The best way to make money is to spend it first. Here’s why.

Published 22 May 2023
Categorised as Finance News

Fed’s Kashkari says a June pause on rates wouldn’t indicate an end to hiking cycle

Kashkari told CNBC on Monday he’s open to holding off on another rate hike, but cautioned against reading too much into a pause.

Published 22 May 2023
Categorised as Finance News

Stocks making the biggest premarket moves: Apple, Meta, Micron, PacWest and more

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

Published 22 May 2023
Categorised as Finance News

JPMorgan Chase raises key revenue target to $84 billion after First Republic takeover

Longtime JPMorgan CEO Jamie Dimon is expected to speak in a question-and-answer session this afternoon.

Published 22 May 2023
Categorised as Finance News

Tiffany business booms, profits double amid store reopening

CNBC’s Robert Frank joins ‘Squawk Box’ with the latest news.

Published 22 May 2023
Categorised as Finance News

Fintech firm Wise’s shares fall after announcing CFO is resigning, CEO to go on leave

Shares of British fintech Wise sank Monday after announcing its CFO Matt Briers is leaving the company while CEO Kristo Kaarman is to go on paternity leave.

Published 22 May 2023
Categorised as Finance News

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