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Financial News Around the World

Bank of England surprises with 50-basis-point rate hike to tackle persistent inflation

The Bank of England on Thursday surprised markets with a 50 basis point hike to interest rates, its 13th consecutive increase.

Published 22 June 2023
Categorised as Finance News

China’s new EV subsidies might not be enough to bolster slowing growth

One of the few detailed stimulus plans Beijing has announced this year extends tax breaks for electric car purchases, according to documents released Wednesday.

Published 22 June 2023
Categorised as Finance News

Vegas showdown? Elon Musk and Mark Zuckerberg banter over possible ‘cage match’ fight

Musk suggested the two tech billionaires could brawl at the UFC Octagon in Las Vegas.

Published 22 June 2023
Categorised as Finance News

Serving ‘lunch’ before midnight — and other ways airlines can help reduce jet lag

Changes to in-flight lighting, food and sleep schedules can reduce passenger jet lag, according to new research from Qantas and the University of Sydney.

Published 22 June 2023
Categorised as Finance News

Crypto firm Ripple gets in-principle payments license in Singapore

Ripple said it received in-principle approval of a Major Payment Institution Licence from the Monetary Authority of Singapore, the country’s central bank.

Published 22 June 2023
Categorised as Finance News

FedEx dips after soft guidance. Here’s what the pros are saying

Pros on CNBC discussed FedEx after the company missed expectations during their fourth-quarter earnings call.

Published 21 June 2023
Categorised as Finance News

Listen to the music play: Fed Chair Jerome Powell admits to being a Deadhead

Powell was snapped June 3 at a Dead & Company show in Bristow, Virginia.

Published 21 June 2023
Categorised as Finance News

The taxpayer experience this year ‘vastly improved’ compared to 2022, report finds

The national taxpayer advocate said taxpayer experience vastly improved during the 2023 filing season. Here’s what still needs to change

Published 21 June 2023
Categorised as Finance News

Mark Cuban says successful people share 1 trait ‘most people’ don’t have: It’s ‘the one thing in life you can control’

The key to success, says billionaire entrepreneur and investor Mark Cuban: expending as much effort as possible, particularly in the workplace. Here’s why.

Published 21 June 2023
Categorised as Finance News

Stocks making the biggest moves midday: Dollar Tree, Amazon, FedEx and more

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

Published 21 June 2023
Categorised as Finance News

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