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Financial News Around the World

Fed raises rates a quarter point, expects ‘ongoing’ increases

The Federal Reserve on Wednesday released its decision on interest rates following its two-day meeting.

Published 1 February 2023
Categorised as Finance News

Here’s what changed in the new Fed statement

This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting on Dec. 14.

Published 1 February 2023
Categorised as Finance News

2022 was the ‘real year of the Great Resignation,’ says economist

A record 50.5 million people quit their jobs in 2022, breaking the previous high set in 2021 as ample job prospects and high pay lured them elsewhere.

Published 1 February 2023
Categorised as Finance News

Stocks making the biggest moves midday: Peloton, AMD, Altria, Snap and more

These are the stocks posting the biggest moves during midday trading.

Published 1 February 2023
Categorised as Finance News

Early retiree says breaking these 6 ‘society rules’ helped him save $1 million: ‘I wasn’t born rich’

Early retiree Steve Adcock saved $1 million by working 9-to-5 jobs, investing well, and breaking society rules. Here’s his best advice for achieving a successful life.

Published 1 February 2023
Categorised as Finance News

Private payroll growth slowed to 106,000 in January as weather hit hiring, ADP says

Companies added just 106,000 new workers for the month, down from an upwardly revised 253,000 the month before.

Published 1 February 2023
Categorised as Finance News

Stocks making the biggest premarket moves: Peloton, Snap, AMD, Electronic Arts & more

Peloton got a jolt from a better-than-expected quarterly revenue. Foot Locker rose after a Credit Suisse upgrade.

Published 1 February 2023
Categorised as Finance News

Here’s everything the Fed is expected to do Wednesday

This week’s Federal Reserve meeting will be remembered more for what policymakers say than what they do.

Published 1 February 2023
Categorised as Finance News

Britain sets out plans to regulate crypto industry in wake of FTX collapse

In December, a U.K. minister suggested FTX’s failure had reinforced the need for urgent crypto regulation. Now, the government has unveiled its plans.

Published 1 February 2023
Categorised as Finance News

Luxury stocks rally from China reopening, but world’s largest luxury market may choose to shop ‘in-house’ 

Years of zero-Covid measures have taught Chinese consumers they can get their fix of opulence on their own shores — and experts say this habit is here to stay.

Published 1 February 2023
Categorised as Finance News

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