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Financial News Around the World

Inflation is dominating the conversation on earnings calls. Here’s what execs are saying

One thing’s clear at the start of the corporate earnings season: Inflation is still a hot topic for companies.

Published 24 October 2022
Categorised as Finance News

JPMorgan Chase uses Advancing Black Wealth Tour to boost financial literacy, address racial wealth gap

JPMorgan Chase’s Advancing Black Wealth Tour, which recently stopped in Philadelphia, aims to boost financial literacy and narrow the racial wealth gap.

Published 24 October 2022
Categorised as Finance News

U.S.-listed Chinese stocks drop 20% after Beijing’s power reshuffle makes the market ‘uninvestable’

The Invesco Golden Dragon China ETF, which tracks the Nasdaq Goldman Dragon China Index, plunged more than 18% to hit a new 52-week low.

Published 24 October 2022
Categorised as Finance News

Here’s what investors need to know about the latest crypto tax reporting rules for 2022

The IRS has released draft guidance for cryptocurrency and other digital asset reporting for 2022 tax returns. Here’s what investors need to know.

Published 24 October 2022
Categorised as Finance News

Stocks making the biggest moves in the premarket: Tesla, WeWork, Alibaba and more

The stocks making the biggest moves in premarket trading include Tesla, WeWork, Alibaba, and more.

Published 24 October 2022
Categorised as Finance News

Binance is ‘narrowing down’ identity of hacker behind $570 million crypto attack, CEO says

After getting some tips from law enforcement, Binance is now “narrowing down” the hacker behind the attack, CEO Changpeng Zhao told CNBC Monday.

Published 24 October 2022
Categorised as Finance News

JPMorgan president says a recession may be price to pay to beat inflation, market bottom not in yet

JPMorgan Chase President Daniel Pinto shared his views on inflation, the U.S. economy and markets in an exclusive CNBC interview.

Published 24 October 2022
Categorised as Finance News

Almost half of the ultra-rich haven’t figured out how to pass on their wealth, research finds

41% of investors with more than $1 million worth of assets have not planned how they will pass on their wealth, a report by UBS found.

Published 24 October 2022
Categorised as Finance News

Here’s why a new $40,000 electric vehicle tax credit for business owners may be relatively easy to get

A tax credit for entrepreneurs who buy new electric vehicles or machinery doesn’t carry many of the same restrictions that apply to consumers buying clean cars.

Published 21 October 2022
Categorised as Finance News

Investors will be able to contribute up to $22,500 in 401(k) plans and $6,500 in IRAs in 2023

The IRS has increased the 401(k) contribution limits to $22,500 and individual retirement account limits to $6,500 for 2023. Here’s what investors need to know.

Published 21 October 2022
Categorised as Finance News

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