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Financial News Around the World

Who wants to be a billionaire? 6 in 10 Americans strive to be mega-wealthy, report finds

Six in 10 adults want to become a billionaire one day, according to a recent report. But as the wealth gap widens, there’s also resentment toward the mega-rich.

Published 31 August 2022
Categorised as Finance News

Stocks making the biggest moves midday: Bed Bath & Beyond, Express, Snap, Rocket Lab and more

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

Published 31 August 2022
Categorised as Finance News

Fintech firm Klarna’s losses triple after aggressive U.S. expansion and mass layoffs

The firm, which allows users to spread the cost of purchases over interest-free installments, saw a jump in operating expenses and defaults.

Published 31 August 2022
Categorised as Finance News

Kevin O’Leary on his worst ‘Shark Tank’ investment ever: ‘I lost half a million dollars’

Kevin O’Leary, a star investor on ABC’s “Shark Tank,” says he learned to always trust his gut after sinking $500,000 into a telecom startup that “went to zero.”

Published 31 August 2022
Categorised as Finance News

Private payrolls grew by just 132,000 in August, ADP says in reworked jobs report

Private payrolls grew by just 132,000 for the month, a deceleration from the 270,000 gain in July, the firm said in its monthly payroll report.

Published 31 August 2022
Categorised as Finance News

Fed’s Mester sees benchmark rate above 4% and no cuts at least through 2023

Cleveland Fed President Loretta Mester said she sees rates rising considerably higher before the central bank can ease off in its fight against inflation.

Published 31 August 2022
Categorised as Finance News

Stocks making the biggest moves premarket: Designer Brands, Express, Chewy and more

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

Published 31 August 2022
Categorised as Finance News

China is set to convene a historic meeting on Oct. 16. Here’s what to expect

This year’s gathering takes on additional significance as it’s become a widely watched marker for when China may begin to ease its stringent zero-Covid policy.

Published 31 August 2022
Categorised as Finance News

Baidu claims its robotaxis have grabbed 10% of the ride-hailing market in a suburb of Beijing

In less than two years, Chinese tech giant Baidu’s robotaxis have grabbed about 10% of the ride-hailing market in a Beijing suburb, the company said Tuesday.

Published 31 August 2022
Categorised as Finance News

Stocks making the biggest moves after hours: Chewy, HP, CrowdStrike and more

See which stocks are posting big moves after the bell.

Published 30 August 2022
Categorised as Finance News

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