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Financial News Around the World

Morgan Stanley cut about 2% of global staff on Tuesday, sources say

Morgan Stanley is following rival Goldman Sachs in reinstating a Wall Street ritual that had been put on hold during the pandemic: the annual cull.

Published 6 December 2022
Categorised as Finance News

Stocks making the biggest moves midday: Textron, Charter, Estee Lauder, Signet and more

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

Published 6 December 2022
Categorised as Finance News

Jim Cramer’s Investing Club meeting Tuesday: Bank pick, consumer play, Alphabet

The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.

Published 6 December 2022
Categorised as Finance News

iPod creator Tony Fadell designed a $279 credit card-sized device for storing your crypto

French startup Ledger debuted its new hardware crypto wallet, the Ledger Stax, on Tuesday. It was designed by Tony Fadell, creator of the iPod.

Published 6 December 2022
Categorised as Finance News

Sam Bankman-Fried’s Robinhood stake is tied up in FTX bankruptcy proceedings, CEO Tenev says

“We’re just watching this unfold,” Tenev said. “It’s going to be locked up in bankruptcy proceedings, most likely for some time.”

Published 6 December 2022
Categorised as Finance News

Mark Cuban cold-called the Dallas Mavericks’ CEO to get her to take the job

Cynt Marshall, the Dallas Mavericks CEO, had never heard of Mark Cuban when the billionaire cold-called her with a job recruitment pitch in 2018.

Published 6 December 2022
Categorised as Finance News

Jamie Dimon says Ukraine war shows we still need cheap, secure energy from oil and gas

JPMorgan CEO Jamie Dimon discussed the future of energy on CNBC’s “Squawk Box” on Tuesday.

Published 6 December 2022
Categorised as Finance News

Jamie Dimon says inflation eroding consumer wealth may cause recession next year

The longtime JPMorgan Chase CEO says that while consumers are currently flush with savings, that will likely run out by mid year 2023.

Published 6 December 2022
Categorised as Finance News

Robinhood to pay a 1% ‘match’ on customer contributions to retail individual retirement accounts

The retail brokerage will match 1% of each dollar saved in its individual retirement accounts. Experts think it’s a way to get attention in a crowded market.

Published 6 December 2022
Categorised as Finance News

Stocks making the biggest moves in the premarket: Herbalife, GitLab, Textron and more

The stocks making the biggest moves in premarket trading include Herbalife, GitLab, Textron, and more.

Published 6 December 2022
Categorised as Finance News

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