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Financial News Around the World

UK banks told to break ‘class ceiling’ with new targets to boost diversity among senior hires

The U.K.’s financial services sector must do more to “break the ‘class’ ceiling,” according to a government-backed task force.

Published 1 December 2022
Categorised as Finance News

Fed hikes and a stronger dollar are fueling risks of political instability in Africa

The Fed’s policy tightening and a strengthening dollar are having a knock-on effect on African nations’ balance sheets and public debt burdens.

Published 1 December 2022
Categorised as Finance News

Stocks making the biggest moves after hours: Salesforce, Snowflake, Costco, Five Below and more

See which stocks are posting big moves after the bell.

Published 30 November 2022
Categorised as Finance News

If you’re still missing your tax refund, you’ll soon receive 7% interest from the IRS — but it’s taxable

If you’re waiting for a tax refund, it may be accruing interest, and the rate jumps to 7% from 6% in January. Here’s what filers need to know.

Published 30 November 2022
Categorised as Finance News

Stocks making the biggest moves midday: CrowdStrike, Horizon Therapeutics, Petco and more

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

Published 30 November 2022
Categorised as Finance News

Fed Chair Powell says smaller interest rate hikes could start in December

Federal Reserve Chairman Jerome Powell confirmed Wednesday that smaller interest rate increases are likely ahead.

Published 30 November 2022
Categorised as Finance News

Watch Fed Chair Jerome Powell speak on the economy and monetary policy

Federal Reserve Chair Jerome Powell is slated to speak Wednesday at the Brookings Institution.

Published 30 November 2022
Categorised as Finance News

Job openings fall in October amid Fed efforts to cool labor market

The Job Openings and Labor Turnover Survey, a closely watched gauge of slack in the labor force, showed there were 10.3 million vacancies for the month.

Published 30 November 2022
Categorised as Finance News

Private hiring increased by just 127,000 jobs in November, well below estimate, ADP reports

Companies added just 127,000 positions for the month, a steep reduction from the 239,000 the firm reported for October

Published 30 November 2022
Categorised as Finance News

European Central Bank says bitcoin is on the ‘road to irrelevance’

The remarks are timely, with the crypto industry reeling from one of its most catastrophic failures in recent history: the downfall of FTX.

Published 30 November 2022
Categorised as Finance News

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