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Financial News Around the World

Fed’s John Williams says rates could be increased if inflation doesn’t come down

The current problems in the banking industry and their impact will factor into Williams’ policy outlook.

Published 9 May 2023
Categorised as Finance News

Wheels Up founder abruptly steps down as losses mount, potential bankruptcy looms

Like many private jet startups, Wheels Up was dogged by high costs and operating issues.

Published 9 May 2023
Categorised as Finance News

COTY CEO on earnings beat: Our prestige brands are doing ‘fantasically well’

Sue Nabi, COTY CEO, joins ‘Squawk on the Street’ to discuss what Nabi is seeing from the North American consumer, the pattern of consumer spending over the last two months and how the business is tracking in China.

Published 9 May 2023
Categorised as Finance News

Barbara Corcoran says 90% of her ‘Shark Tank’ investments don’t make her money—here’s why she doesn’t regret any of them

Barbara Corcoran says she hates getting pitched by startups outside of “Shark Tank,” because only 10% of her portfolio companies actually make her any money.

Published 9 May 2023
Categorised as Finance News

Stocks making the biggest moves premarket: Palantir, Skyworks, Under Armour & more

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

Published 9 May 2023
Categorised as Finance News

Here’s what the looming debt ceiling crisis means for your portfolio

Many investors are bracing for the economic fallout of the deadline for the U.S. to raise the debt ceiling or default on its obligations. Here’s what to expect.

Published 9 May 2023
Categorised as Finance News

UBS announces Credit Suisse CEO Koerner to join board after emergency rescue

UBS on Tuesday announced that Credit Suisse CEO Ulrich Koerner will join the executive board of the new joint entity once its emergency purchase of the stricken bank completes.

Published 9 May 2023
Categorised as Finance News

A.I. trade is leaving investors vulnerable to painful losses: Evercore

Evercore ISI’s Julian Emanuel warns Big Tech concentration in the S&P 500 is at extreme levels.

Published 9 May 2023
Categorised as Finance News

Stocks making the biggest moves after hours: Lucid, Palantir, PayPal and more

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

Published 8 May 2023
Categorised as Finance News

Zscaler shares surge on better-than-expected guidance. Here’s how to play it

Pros on CNBC discuss Zscaler’s better-than-expected guidance.

Published 8 May 2023
Categorised as Finance News

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