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Financial News Around the World

You’re ‘wired’ to overspend during the holidays, expert says — here’s what to do about it

Consumers are hardwired to think more of short-term gratification than long-term goals.

Published 29 November 2024
Categorised as Finance News

Swiss wealth manager Lombard Odier indicted for money laundering

Lombard Odier — one of Switzerland’s oldest private banks — has been indicted by Swiss prosecutors for “aggravated money laundering.”

Published 29 November 2024
Categorised as Finance News

Stocks making the biggest moves premarket: MicroStrategy, Applied Materials, Robinhood and more

These are some of the stocks posting the largest moves in premarket trading.

Published 29 November 2024
Categorised as Finance News

India’s economy expands by just 5.4% in the last quarter, well below expectations

The Reserve Bank of India had forecast an expansion of 7% for the period.

Published 29 November 2024
Categorised as Finance News

Euro zone inflation climbs to 2.3% in November, meeting expectations

Markets have fully priced in a 25 basis point interest rate cut from the ECB in December, which would mark its fourth cut of the year.

Published 29 November 2024
Categorised as Finance News

China plans to restrict exports of a critical metal. But the market isn’t that worried

China dominates 80% of the global tungsten supply chain.

Published 28 November 2024
Categorised as Finance News

These economists say artificial intelligence can narrow U.S. deficits by improving health care

Economists at the Brookings Institution estimate AI could reduce the U.S. budget deficit some $900 billion by 2044.

Published 28 November 2024
Categorised as Finance News

Why exchange-traded funds are a ‘growth engine’ of active management

Actively managed exchange-traded funds have captured investor money in recent years while active mutual funds have shed net assets.

Published 27 November 2024
Categorised as Finance News

Stocks making the biggest moves midday: Nordstrom, Dell, SolarEdge Technologies and more

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

Published 27 November 2024
Categorised as Finance News

Fed’s preferred inflation gauge rises to 2.3% annually, meeting expectations

The personal consumption expenditures price index was expected to show inflation at 2.3% in October.

Published 27 November 2024
Categorised as Finance News

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