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Financial News Around the World

Private payrolls rose by 242,000 in February, better than expected, ADP says

Companies added jobs at a brisk pace in February as the labor market kept humming, payroll services firm ADP reported Wednesday.

Published 8 March 2023
Categorised as Finance News

No exit ramp for Fed’s Powell until he creates a recession, economist says

The U.S. Federal Reserve is likely to hike interest rates to at least 6.5% if the economy does not enter a mid-year recession, according to TS Lombard Chief U.S. Economist Steven Blitz.

Published 8 March 2023
Categorised as Finance News

China plans to revamp finance, tech oversight

China plans to overhaul its financial regulatory system by consolidating aspects of the central bank and securities regulator under a new entity.

Published 8 March 2023
Categorised as Finance News

BlackRock says the Federal Reserve could hike interest rates to a peak of 6%

BlackRock’s chief investment officer of global fixed income Rick Rieder wrote in response to Fed Chair Jerome Powell’s testimony before a Senate committee.

Published 8 March 2023
Categorised as Finance News

One of Europe’s biggest banks is quickly rotating job roles to help women get to the top

The finance industry needs to be faster at getting women into management positions, according to Santander Executive Chair Ana Botin.

Published 8 March 2023
Categorised as Finance News

Warren Buffett’s Berkshire Hathaway buys more Occidental Petroleum shares

Warren Buffett’s Berkshire Hathaway added to its already large Occidental Petroleum stake over the past trading sessions.

Published 8 March 2023
Categorised as Finance News

Stocks making the biggest moves after hours: CrowdStrike, Stitch Fix and more

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

Published 7 March 2023
Categorised as Finance News

Why moving in retirement can earn you an extra $100,000 — or more

Retirees who relocate to an area with lower home prices can earn big bucks to cushion their nest egg. But it may not make sense for everyone.

Published 7 March 2023
Categorised as Finance News

Stocks making the biggest moves midday: Rivian, Delta, Snap, Dish Network and more

Airlines rose, while Rivian shares were under pressure.

Published 7 March 2023
Categorised as Finance News

5 ways to file your taxes for free this season

If you haven’t filed your 2022 taxes yet, you may qualify for one of the free filing options. Here’s what taxpayers need to know.

Published 7 March 2023
Categorised as Finance News

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