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Financial News Around the World

Bill Gates says Elon Musk’s ambition to colonize Mars is not a good use of money

In an interview with the BBC, Microsoft co-founder Bill Gates questioned whether Musk’s vision of colonizing Mars was a good use of money.

Published 3 February 2023
Categorised as Finance News

China’s real estate crisis isn’t over yet, IMF says

China needs to do more in order to fix its real estate problems, the International Monetary Fund said Friday.

Published 3 February 2023
Categorised as Finance News

Hong Kong will give away half a million plane tickets. Here’s who can get them first

The “Hello Hong Kong” campaign, launched Thursday, will offer 500,000 free air tickets over the next six months, starting in March.

Published 3 February 2023
Categorised as Finance News

IRS about 3 to 5 times more likely to audit Black Americans’ tax returns, study finds

Black Americans are nearly three to five times more likely to be audited by IRS, a new study shows. Here’s what it means for filers.

Published 2 February 2023
Categorised as Finance News

Annuity sales hit record last year, eclipsing sales during 2008 financial crisis amid fear, higher rates

Consumers flocked to annuities marketed as being “protection-focused” as stocks and bonds faltered and annuity payouts were relatively attractive.

Published 2 February 2023
Categorised as Finance News

Stocks making the biggest moves midday: Meta, Align Technology, Coinbase, Eli Lilly and more

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

Published 2 February 2023
Categorised as Finance News

Coinbase jumps 14% after federal securities suit dismissed

A federal suit against Coinbase was dismissed Wednesday, with a judge ruling against claims that it conducted unregistered securities offerings.

Published 2 February 2023
Categorised as Finance News

Meta follows Chevron with a huge buyback that likely signals more are to come

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Published 2 February 2023
Categorised as Finance News

Roughly 70% of taxpayers are eligible for IRS Free File, but only 2% used it in 2022

Roughly 70% of Americans qualify for IRS Free File, but only 2% of taxpayers used it in 2022. Here’s what to know to file your federal return for free.

Published 2 February 2023
Categorised as Finance News

Watch live: ECB President Christine Lagarde speaks after rate decision

European Central Bank President Christine Lagarde is giving a press conference following the bank’s latest monetary policy decision.

Published 2 February 2023
Categorised as Finance News

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