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Financial News Around the World

Consumer prices fell 0.1% in December, in line with expectations from economists

The consumer price index was expected to decrease 0.1% on a monthly basis and increase 6.5% from a year ago in December, according to Dow Jones.

Published 12 January 2023
Categorised as Finance News

FTX founder Sam Bankman-Fried denies stealing user funds and repeats claims of solvency in new post

Bankman-Fried repeated several claims which bankruptcy officials and federal regulators have denied or contradicted.

Published 12 January 2023
Categorised as Finance News

Stocks making the biggest moves premarket: Disney, American Airlines, Bed Bath & Beyond, Logitech and more

These are the stocks posting the largest moves in premarket trading Thursday.

Published 12 January 2023
Categorised as Finance News

Bitcoin jumps above $18,000 to highest level in a month, as FTX lawyers recover $5 billion

The world’s largest digital currency climbed above $18,000 for the first time since Dec. 14, increasing in value by about 5% in the last 24 hours.

Published 12 January 2023
Categorised as Finance News

Why the Winklevoss brothers are in a $900 million crypto faceoff with Barry Silbert

Digital Currency Group’s Barry Silbert and Cameron Winklevoss have been engaged in a public war of words over the fate of $900 million.

Published 11 January 2023
Categorised as Finance News

China’s reopening will be a tailwind for the luxury trade, says PIMCO’s Erin Browne

Erin Browne, PIMCO portfolio manager, joins ‘Closing Bell: Overtime’ to discuss international stocks surging and expectations for the markets after a possible China reopening.

Published 11 January 2023
Categorised as Finance News

Stocks making the biggest moves midday: Bed Bath & Beyond, Tesla, Expedia and more

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

Published 11 January 2023
Categorised as Finance News

Bed Bath & Beyond jumps 50% to lead ‘nonsense’ rally in meme stocks; AMC gains 15%

A group of highly speculative stocks rallied double digits on Wednesday as retail investors pushed meme names up again in the new year after a dismal 2022.

Published 11 January 2023
Categorised as Finance News

Mega Millions jackpot jumps to $1.35 billion for the next drawing. Here’s the tax bill if there’s a winner

Your winnings would be reduced by a 24% federal tax withholding, but that would be just the start of what you’d owe to the IRS and, possibly, state coffers.

Published 11 January 2023
Categorised as Finance News

Did Trump donate his presidential salary in 2020? Tax returns don’t tell full story

Former President Donald Trump pledged to donate his salary while in office. Some news reports said his 2020 tax return suggests otherwise — but it’s unclear.

Published 11 January 2023
Categorised as Finance News

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