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Financial News Around the World

Trip.com says China hotel bookings are surpassing pre-pandemic levels

That growth came despite continued sporadic lockdowns and travel restrictions across China to control Covid outbreaks.

Published 22 September 2022
Categorised as Finance News

The most common crime in UK hotels isn’t theft

Freedom of information requests to U.K. police forces reveal the types of crime most prevalent in hotels.

Published 22 September 2022
Categorised as Finance News

FTX in talks to raise up to $1 billion at valuation of about $32 billion, in-line with prior round

Crypto exchange FTX is looking to raise more money as the company seeks to expand its portfolio during the market downturn.

Published 21 September 2022
Categorised as Finance News

Stocks making the biggest moves after hours: H.B. Fuller, KB Home, Lennar and more

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

Published 21 September 2022
Categorised as Finance News

Fed raises rates by another three-quarters of a percentage point, pledges more hikes to fight inflation

The Federal Reserve concluded its two-day meeting Wednesday, with markets widely expecting a 0.75 percentage point interest rate increase.

Published 21 September 2022
Categorised as Finance News

The Fed forecasts hiking rates as high as 4.6% before ending inflation fight

The Federal Reserve will raise interest rates to up to 4.6% in 2023 before the central bank stops its fight against soaring inflation.

Published 21 September 2022
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 July 27.

Published 21 September 2022
Categorised as Finance News

Benchmark bond yields are ‘bad news’ for investors as the Fed hikes rates by 0.75%. What it means for your portfolio

An inverted yield curve between the 2-year and 10-year Treasurys may signal a future economic downturn. Here’s what investors need to know.

Published 21 September 2022
Categorised as Finance News

Stocks making the biggest moves midday: Freyr Battery, Stitch Fix, General Mills, Trupanion and more

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

Published 21 September 2022
Categorised as Finance News

Mark Zuckerberg: The metaverse will unfold in 3 steps, and one is happening ‘sooner than I thought’

On Joe Rogan’s podcast, Mark Zuckerberg said virtual fitness platforms are already drawing everyday users into the metaverse.

Published 21 September 2022
Categorised as Finance News

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