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Financial News Around the World

The wealth of the 1% just hit a record $44 trillion

Economists say the rising stock market is giving an added boost to consumer spending through what’s known as the “wealth effect.”

Published 28 March 2024
Categorised as Finance News

Stocks making the biggest moves midday: RH, Reddit, Estée Lauder, AMC and more

These are the stocks posting the largest moves midday.

Published 28 March 2024
Categorised as Finance News

The S&P 500 is about to wrap the quarter with a 10% gain. Resist the urge to time a pullback

After five-month epic runs like this, markets tend to be higher down the line.

Published 28 March 2024
Categorised as Finance News

Xiaomi releases electric car $4K cheaper than Tesla’s Model 3 as price wars heat up

Chinese smartphone company Xiaomi said Thursday it will sell its first car for far less than Tesla’s Model 3, as price wars heat up in China’s fiercely competitive electric car market.

Published 28 March 2024
Categorised as Finance News

Stocks making the biggest moves premarket: Walgreens Boots Alliance, Estee Lauder, RH and more

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

Published 28 March 2024
Categorised as Finance News

Meme stocks are back as Trump Media and Reddit surge upon their debuts

Trump Media and Reddit share a key attribute in common with the likes of GameStop.

Published 28 March 2024
Categorised as Finance News

UBS chief’s surprise return to the Swiss banking giant bagged him a $15.9 million paycheck

UBS CEO Sergio Ermotti earned 14.4 million Swiss francs ($15.9 million) in 2023 after his surprise return to the helm of the Swiss banking giant.

Published 28 March 2024
Categorised as Finance News

China’s economy is on track for ‘strong’ March performance, survey says

China’s economy is ending the first quarter on a “strong” note, according to a business survey published by the China Beige Book on Thursday.

Published 27 March 2024
Categorised as Finance News

Crypto is ‘like cayenne pepper’ for investors, money manager says: ‘A little goes a long way’

Investors who hold cryptocurrency like bitcoin only need to allocate a small share of their money to the digital assets to reap benefits, experts say.

Published 27 March 2024
Categorised as Finance News

Winning ticket for Mega Millions $1.128 billion jackpot sold in New Jersey — here’s how much the winner will owe in taxes

A single ticket in New Jersey won the $1.128 billion Mega Millions jackpot. Here is how much the winner will owe in taxes.

Published 27 March 2024
Categorised as Finance News

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  • Stocks making the biggest moves after hours: Affirm, Coinbase, Pinterest and more
  • Stocks making the biggest moves after hours: Affirm, Coinbase, Pinterest and more
  • Stocks making the biggest moves after hours: Affirm, Coinbase, Pinterest and more
  • Stocks making the biggest moves after hours: Affirm, Coinbase, Pinterest and more
  • Stocks making the biggest moves after hours: Affirm, Coinbase, Pinterest and more

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