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Financial News Around the World

Warren Buffett says we’re not through with bank failures

Investing legend Warren Buffett believes there will be more bank failures down the road even as the current banking crisis gets resolved.

Published 12 April 2023
Categorised as Finance News

Warren Buffett explains why he bought 5 Japanese trading houses: I was ‘confounded’ by the opportunity

The Berkshire Hathaway chairman and CEO spoke live from Japan to CNBC’s Becky Quick on “Squawk Box.”

Published 12 April 2023
Categorised as Finance News

Banking turmoil was not a crisis but ‘the downside risks are real,’ IIF boss warns

The banking sector turmoil that led to the collapse of several lenders was not a systemic crisis and has now subsided, according to IIF CEO Tim Adams.

Published 12 April 2023
Categorised as Finance News

Wall Street is wrong: Former PIMCO chief economist Paul McCulley predicts rate hikes will end next month

PIMCO’s former chief economist Paul McCulley makes a contrarian call on Fed policy.

Published 12 April 2023
Categorised as Finance News

Removing shoes, reclining seats? What’s deemed ‘unacceptable’ on flights may depend on where you’re from

Removing your shoes, reclining your seat or brushing your hair — the extent to which they’re tolerated on a plane varies by region, says a new survey.

Published 11 April 2023
Categorised as Finance News

Here’s what to do if you can’t pay your taxes by April 18 — and how to avoid the ‘biggest mistake,’ tax pro warns

If you can’t pay your taxes by April 18, you may have more options than you expect, according to tax experts. Here are some choices to consider.

Published 11 April 2023
Categorised as Finance News

Lamborghini CEO says orders for hybrid Revuelto show ‘incredible’ demand from wealthy car-buyers

The high-performance automaker has already sold out Revuelto orders for the first two years of production, CEO Stephan Winkelmann told CNBC.

Published 11 April 2023
Categorised as Finance News

Stocks making the biggest moves midday: WW International, CarMax, Mohawk, Moderna and more

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

Published 11 April 2023
Categorised as Finance News

Banks in ‘more precarious situation’ creating risks for global growth, IMF chief economist warns

Banks may pull back on lending, clouding the growth outlook — but central banks should stay focused on inflation, Pierre-Olivier Gourinchas told CNBC.

Published 11 April 2023
Categorised as Finance News

This Friday could hold the key to our bank stocks and the direction of the market for weeks

Ahead of Friday’s bank reports, which include first-quarter numbers from Club holding Wells Fargo (WFC), we’re watching three main things.

Published 11 April 2023
Categorised as Finance News

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