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Financial News Around the World

The Fed must do two things to re-establish credibility, Allianz’s El-Erian says

The U.S. Federal Reserve needs to do two more things to re-establish its credibility, according to Mohamed El-Erian, chief economic adviser to Allianz.

Published 2 September 2022
Categorised as Finance News

Stocks making the biggest moves premarket: Lululemon, Broadcom, Starbucks and more

These are the stocks posting the largest moves before the bell.

Published 2 September 2022
Categorised as Finance News

China’s electric car firms, which rely heavily on Nvidia, are safe from the U.S. chip ban — for now

U.S. restrictions on Nvidia chip sales to China won’t affect Chinese electric car companies.

Published 2 September 2022
Categorised as Finance News

Turkey’s skyrocketing inflation is flashing warning signals for Gulf banks

Ratings agency Fitch calculates that GCC banks with Turkish subsidiaries posted net losses of roughly $950 million in the first half of 2022.

Published 2 September 2022
Categorised as Finance News

Britain’s banks are giving staff one-off crisis payments. But they’re being urged to do much more

UK banks offered employees one-time bonuses or pay increases to help with the cost of living, but longer-term solutions may be needed to keep hold of staff.

Published 2 September 2022
Categorised as Finance News

Stocks making the biggest moves after hours: Lululemon, Broadcom and more

These are the stocks posting the largest moves in after hours trading.

Published 1 September 2022
Categorised as Finance News

‘No one wants to be the state taxing student loan forgiveness.’ Here’s where borrowers may see a bill

While student loan forgiveness is federally tax-free, borrowers may owe levies at the state level. Here’s where you may see a bill.

Published 1 September 2022
Categorised as Finance News

Stocks making the biggest moves midday: Nvidia, Okta, Five Below, Bed Bath & Beyond and more

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

Published 1 September 2022
Categorised as Finance News

This 28-year-old is on track to save $1 million by her 30s: How she visited 7 countries in Europe—for just $2,800

By spending frugally, saving her income and investing wisely, this 28-year-old financial blogger is on track to save $1 million and retire early in her 30s. Here’s how her money strategy helped her take her dream vacation in Europe — for just $2,800.

Published 1 September 2022
Categorised as Finance News

Bill Gates swears by this daily Wordle strategy—and it’s not what the game recommends

Microsoft co-founder Bill Gates is addicted to Wordle. Perhaps predictably, his daily strategy for the online word game is convoluted — and effective.

Published 1 September 2022
Categorised as Finance News

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