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Financial News Around the World

Atlanta Fed President Bostic expects job losses but says there’s a really good chance to get to 2% inflation without killing the economy

Raphael Bostic, the president of the Federal Reserve Bank of Atlanta, signaled optimism for the Fed’s policies to temper inflation.

Published 25 September 2022
Categorised as Finance News

Why Mark Cuban keeps working, even though he wanted to retire at 35: ‘I’m too competitive’

At age 25, Mark Cuban thought he would retire within 10 years. He said the reason he’s still working at age 64 is because he’s competitive.

Published 25 September 2022
Categorised as Finance News

Wall Street milestone: ETF popularity hits record number

More 3,000 ETFs trading simultaneously for the first time ever this month — a 30% increase since December 2020, according to Morningstar.

Published 24 September 2022
Categorised as Finance News

Bond yields soar as markets weigh threat of a recession. What it means for your investments

Government bond yields have soared after a major rate hike from the Federal Reserve. Here’s what the inverted yield curve means for your portfolio.

Published 23 September 2022
Categorised as Finance News

Inside the $250 million penthouse on ‘Billionaires’ Row’

The penthouse in the world’s tallest residential building is listed for $250 million, marking a major test of the ultra-luxury real estate market.

Published 23 September 2022
Categorised as Finance News

Stocks making the biggest moves midday: FedEx, Boeing, Ally, Domino’s and more

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

Published 23 September 2022
Categorised as Finance News

Hedge funds ramp up market bets as volatility brings the asset class back into favor

Hedge funds’ total gross trading flow had the largest notional increase since 2017 last week heading into the Fed’s rate decision, according to Goldman’s data.

Published 23 September 2022
Categorised as Finance News

Celsius has a Hail Mary bankruptcy plan: Turn its debt into a new cryptocurrency

In the leaked audio, Celsius’ leadership says that employees’ funds will be subject to the same rules and timeline as customer assets.

Published 23 September 2022
Categorised as Finance News

Lauren Taylor Wolfe says it’s just too risky for investors to ignore ESG amid recent pushback

Lauren Taylor Wolfe said bans on ESG investing could be too risky and how understanding environmental, social, and governance risks is good for businesses.

Published 23 September 2022
Categorised as Finance News

New York City penthouse becomes priciest listing in U.S. at $250 million

CNBC’s Robert Frank reports on America’s most expensive home listing and the luxury real-estate market.

Published 23 September 2022
Categorised as Finance News

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