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Financial News Around the World

Millions suffer from long Covid — and it costs them $9,000 a year in health-care expenses, on average

Long Covid diagnosis and treatment can be a big annual expense for households, especially if they don’t have health insurance.

Published 1 December 2022
Categorised as Finance News

Key inflation measure that the Fed follows rose 0.2% in October, less than expected

The core personal consumption expenditures price index was expected to rise 0.3% in October and 5% from a year ago, according to Dow Jones estimates.

Published 1 December 2022
Categorised as Finance News

‘It’s a work in progress.’ How Covid has changed the life insurance marketplace

Demand for life insurance has soared during the pandemic. But the industry is still grappling with how Covid-19 may affect underwriting assumptions.

Published 1 December 2022
Categorised as Finance News

Stocks making the biggest moves premarket: Designer Brands, Lands’ End, Salesforce and more

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

Published 1 December 2022
Categorised as Finance News

Sell Ally Financial as shares could fall nearly 30% from here, Morgan Stanley says in downgrade

The firm has a cautious view on consumer credit heading into 2023 that will hurt stocks such as Ally.

Published 1 December 2022
Categorised as Finance News

China signals slight Covid policy easing — but don’t expect sweeping changes yet

A trickle of changes around China’s Covid controls in the last day is raising hopes that broader relaxation is on the way.

Published 1 December 2022
Categorised as Finance News

UK banks told to break ‘class ceiling’ with new targets to boost diversity among senior hires

The U.K.’s financial services sector must do more to “break the ‘class’ ceiling,” according to a government-backed task force.

Published 1 December 2022
Categorised as Finance News

Fed hikes and a stronger dollar are fueling risks of political instability in Africa

The Fed’s policy tightening and a strengthening dollar are having a knock-on effect on African nations’ balance sheets and public debt burdens.

Published 1 December 2022
Categorised as Finance News

Stocks making the biggest moves after hours: Salesforce, Snowflake, Costco, Five Below and more

See which stocks are posting big moves after the bell.

Published 30 November 2022
Categorised as Finance News

If you’re still missing your tax refund, you’ll soon receive 7% interest from the IRS — but it’s taxable

If you’re waiting for a tax refund, it may be accruing interest, and the rate jumps to 7% from 6% in January. Here’s what filers need to know.

Published 30 November 2022
Categorised as Finance News

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