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Financial News Around the World

Despite success this year, underperformance rates are ‘abysmal’ for large-cap active managers for the long run

Active managers are having their best year since 2009, according to an S&P Global study. But the results come with a caveat.

Published 1 October 2022
Categorised as Finance News

‘The Fed is breaking things’ – Here’s what has Wall Street on edge as risks rise around the world

The Fed’s efforts to tame inflation are rippling around the world, with potentially unforeseen consequences for investors.

Published 1 October 2022
Categorised as Finance News

Met Gala 2023 theme will celebrate late designer Karl Lagerfeld

The Metropolitan Museum of Art has announced next year’s Met Gala theme, which will honor the work of late designer Karl Lagerfeld

Published 30 September 2022
Categorised as Finance News

How Gautam Adani became the world’s fourth richest person while billionaires like Jeff Bezos lost tens of billions

In 2021, Gautam Adani was not on the top 10 list of the world’s richest people. But in 2022, the Indian billionaire settled in behind Jeff Bezos and Bernard Arnault as No. 4.

Published 30 September 2022
Categorised as Finance News

Gautam Adani: The rise and rise of Asia’s richest person

In 2021, Gautam Adani was not on the top 10 list of the world’s richest people. But in 2022, the Indian billionaire settled in behind Jeff Bezos and Bernard Arnault as No. 4.

Published 30 September 2022
Categorised as Finance News

American homebuyers are finding UK bargains, discounted by a weaker pound

Prices in London are down nearly 20% over the past year as a result of price declines and currency impact, according to global consulting group Knight Frank.

Published 30 September 2022
Categorised as Finance News

These are the best ways to give to charity for the ‘vast majority of people.’ Here’s how to pick the most tax-efficient strategy

If you’re planning a charitable gift for 2022, here’s how to decide on the most tax-efficient strategy.

Published 30 September 2022
Categorised as Finance News

Stocks making the biggest moves midday: Nike, Rent-A-Center, Carnival Cruise

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

Published 30 September 2022
Categorised as Finance News

Fed Vice Chair Brainard warns against retreating from inflation fight prematurely

Fed Vice Chair Lael Brainard stressed the need to tackle inflation and the importance of not shrinking from the task until it is finished.

Published 30 September 2022
Categorised as Finance News

Fed’s preferred gauge shows inflation accelerated even more than expected in August

The personal consumption expenditures price index excluding food and energy rose 0.6% for the month after being flat in July.

Published 30 September 2022
Categorised as Finance News

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