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Financial News Around the World

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

Watch JPMorgan Chase CEO Jamie Dimon and six other bank leaders get grilled by Congress

CEOs of the biggest U.S. retail banks are set to testify before both chambers of Congress this week.

Published 21 September 2022
Categorised as Finance News

Here’s everything the Federal Reserve is expected to do today

The Fed has plenty of other items on its docket that will catch Wall Street’s attention.

Published 21 September 2022
Categorised as Finance News

Xpeng says its next SUV could become the company’s new best-selling car

Chinese electric car start-up Xpeng’s newest model will likely sell better than its most popular car to date, according to Brian Gu, the company’s president.

Published 21 September 2022
Categorised as Finance News

Stocks making the biggest moves premarket: General Mills, Stitch Fix, Beyond Meat and others

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

Published 21 September 2022
Categorised as Finance News

‘Path to oblivion’: Ukraine military gains could deepen Russia’s economic woes

Ukraine’s counteroffensive, which has seen vast swathes of Russian-occupied territory get recaptured, could be compounding Russia’s economic troubles.

Published 21 September 2022
Categorised as Finance News

European businesses are rethinking their plans for a ‘closed’ China

European businesses are revaluating their China plans after Covid controls have isolated the country, said the EU Chamber of Commerce in China’s Joerg Wuttke.

Published 21 September 2022
Categorised as Finance News

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