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Financial News Around the World

Economists are divided on the risk of a U.S. recession. And the jobs data isn’t helping

“We’re coming out of an extraordinary period that’s not been seen before in history,” Moody’s William Foster told CNBC.

Published 5 September 2022
Categorised as Finance News

Britain’s next prime minister to be announced as country tackles worsening cost-of-living crisis

The new U.K. prime minister will be announced today, with either Liz Truss or Rishi Sunak becoming the country’s leader.

Published 5 September 2022
Categorised as Finance News

The U.S. and China are one step closer to preventing stocks like Alibaba from delisting. What to watch next

The U.S. and China have taken a significant first step toward keeping U.S.-listed Chinese stocks like Alibaba from being forced off U.S. stock exchanges.

Published 5 September 2022
Categorised as Finance News

The ‘sleeper-hit’ beyond $10K: Student loan borrowers say new income-driven repayment plan could be ‘life-changing’

A newly proposed income-driven repayment plan caps payments, shields more income, eliminates accruing unpaid interest and delivers forgiveness faster for some.

Published 4 September 2022
Categorised as Finance News

Mark Zuckerberg doesn’t like your scrolling habits: Social media is for ‘building relationships,’ not just consuming content

On a recent episode of Joe Rogan’s podcast, Meta CEO Mark Zuckerberg said he thinks people should prioritize connection over content on social media.

Published 4 September 2022
Categorised as Finance News

You may qualify for over $10,000 in climate incentives from the Inflation Reduction Act. Here’s when you can claim them

The law offers financial incentives to consumers who take steps to reduce their carbon footprint. But they may not see some benefits until 2023 or 2024.

Published 3 September 2022
Categorised as Finance News

How ‘quiet quitting’ became the next phase of the Great Resignation

Quiet quitting, an anti-hustle culture trend, is growing more popular, especially among Gen Zers, with some experts seeing a link to the Great Resignation.

Published 2 September 2022
Categorised as Finance News

The rising unemployment rate was ‘the best news’ in the August jobs report, economist says. Here’s why

The jobless rate increased last month. That’s largely due to positive labor-market dynamics under the hood, according to economists.

Published 2 September 2022
Categorised as Finance News

The U.S. unemployment rate rose in August, and Black workers saw declining participation in the labor force

The August jobs report showed the U.S. unemployment rate rise across the board. Black workers’ labor force participation fell during that time.

Published 2 September 2022
Categorised as Finance News

Stocks making the biggest moves midday: Kohl’s, Broadcom, Lululemon and more

These are the stocks posting the largest moves midday.

Published 2 September 2022
Categorised as Finance News

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