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Financial News Around the World

FTX users appear to be cashing out of bankrupt crypto exchange through a Bahamas loophole

Some FTX users appear to have found a way to move money off of the exchange through a back door in the Bahamas.

Published 12 November 2022
Categorised as Finance News

Biden names pick for new IRS head as agency plans for $80 billion funding, wrestles with backlog

President Joe Biden intends to nominate Danny Werfel to become the next IRS Commissioner, overseeing the plan for the agency’s nearly $80 billion in funding.

Published 11 November 2022
Categorised as Finance News

Even with slower inflation, consumer sentiment weakened sharply in November, survey shows

The University of Michigan Survey of Consumers posted a 54.7 reading for November, down 8.7% from the previous month’s reading.

Published 11 November 2022
Categorised as Finance News

Stocks making the biggest moves midday: Walgreens, Coinbase, Duolingo, Ralph Lauren and more

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

Published 11 November 2022
Categorised as Finance News

Stocks making the biggest moves premarket: Walgreens, Intel, US Bancorp and more

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

Published 11 November 2022
Categorised as Finance News

UK on the brink of recession after economy contracts by 0.2% in the third quarter

The third-quarter contraction was less than the -0.5% expected by analysts.

Published 11 November 2022
Categorised as Finance News

Carl Icahn says he still thinks we are in a bear market despite Thursday’s rally

Big bear-market rallies occur often because of the large short interest built up in the downturn, Icahn said.

Published 10 November 2022
Categorised as Finance News

Massachusetts voters approve ‘millionaire tax.’ What it means for the wealthy

Massachusetts voters approved a “millionaire tax” of 4% on annual income above $1 million, on top of the state’s current 5% income tax. Here’s what to know.

Published 10 November 2022
Categorised as Finance News

Fed officials welcome inflation news but still see tighter policy ahead

Federal Reserve officials welcomed Thursday’s inflation news but cautioned against getting too excited by the data.

Published 10 November 2022
Categorised as Finance News

Stocks making the biggest moves midday: Six Flags, Rivian, Bumble, Coinbase, Dutch Bros and more

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

Published 10 November 2022
Categorised as Finance News

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Recent Posts

  • Stocks making the biggest moves after hours: Adobe, United Airlines, Capital One and more
  • White House discussing currency swap line with United Arab Emirates
  • Stocks making the biggest moves midday: UnitedHealth, Pitney Bowes, Apple, Amazon & more
  • Stocks making the biggest moves premarket: Amazon, Apple, GE Aerospace, UnitedHealth & more
  • Volkswagen announces voice AI in its Chinese cars from later this year

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