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Financial News Around the World

Fed’s Mester sees benchmark rate above 4% and no cuts at least through 2023

Cleveland Fed President Loretta Mester said she sees rates rising considerably higher before the central bank can ease off in its fight against inflation.

Published 31 August 2022
Categorised as Finance News

Stocks making the biggest moves premarket: Designer Brands, Express, Chewy and more

These are the stocks posting the largest moves before the bell.

Published 31 August 2022
Categorised as Finance News

China is set to convene a historic meeting on Oct. 16. Here’s what to expect

This year’s gathering takes on additional significance as it’s become a widely watched marker for when China may begin to ease its stringent zero-Covid policy.

Published 31 August 2022
Categorised as Finance News

Baidu claims its robotaxis have grabbed 10% of the ride-hailing market in a suburb of Beijing

In less than two years, Chinese tech giant Baidu’s robotaxis have grabbed about 10% of the ride-hailing market in a Beijing suburb, the company said Tuesday.

Published 31 August 2022
Categorised as Finance News

Stocks making the biggest moves after hours: Chewy, HP, CrowdStrike and more

See which stocks are posting big moves after the bell.

Published 30 August 2022
Categorised as Finance News

Goldman Sachs to lift vaccination, Covid-19 requirements in most offices next month

Goldman Sachs will lift its Covid-19 requirements in most offices beginning Sept. 6 as the bank attempts to incentivize its employees to return to the office.

Published 30 August 2022
Categorised as Finance News

Education Department cancels $1.5 billion in student debt for 79,000 borrowers subjected to ‘false promises’ by Westwood College

The U.S. Department of Education announced on Tuesday that it will cancel the student loans for 79,000 borrowers who attended Westwood College.

Published 30 August 2022
Categorised as Finance News

Fed’s Williams pushes back on market expectations of a rate cut next year

New York Fed President John Williams said he expects rates to continue higher and to remain at those levels until inflation is subdued.

Published 30 August 2022
Categorised as Finance News

Stocks making the biggest moves midday: Big Lots, Best Buy, Nikola and Lucid

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

Published 30 August 2022
Categorised as Finance News

Warren Buffett’s 91st year marked by a huge focus on Berkshire Hathaway’s energy empire

Buffett has spent the past year strengthening Berkshire’s investments in energy. He turns 92 on Tuesday.

Published 30 August 2022
Categorised as Finance News

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