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Financial News Around the World

7-Eleven’s parent company rejects takeover proposal, says offer ‘grossly undervalues’ company

Even if the offer was raised “very significantly,” Seven & i said the bid does not consider the “multiple and significant challenges” it would face.

Published 6 September 2024
Categorised as Finance News

China’s wealthy are increasingly looking overseas for business investment opportunities

China’s wealthy want to pursue business opportunities abroad, rather than just investment returns, according to asset managers and consultants.

Published 6 September 2024
Categorised as Finance News

Stocks making the biggest moves after hours: Broadcom, DocuSign, UiPath and more

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

Published 5 September 2024
Categorised as Finance News

Friday’s jobs report for August is going to be huge. Here’s what to expect

The Wall Street consensus is for nonfarm payrolls growth of 161,000 for August and a slight decline in the unemployment rate to 4.2%.

Published 5 September 2024
Categorised as Finance News

JPMorgan top economist says the Fed should cut rates by a half point this month

JPMorgan chief U.S. economist Michael Feroli believes there is a strong case for the Federal Reserve to speed up the pace of rate cuts.

Published 5 September 2024
Categorised as Finance News

Stocks making the biggest moves midday: JetBlue, Hewlett Packard Enterprise, Tesla, G-III Apparel and more

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

Published 5 September 2024
Categorised as Finance News

How high earners can funnel money to a Roth IRA, the ‘gold standard’ of retirement accounts

High earners may find it tricky to access tax breaks in individual retirement accounts. A workaround may help.

Published 5 September 2024
Categorised as Finance News

Family offices are about to surpass hedge funds, with $5.4 trillion in assets by 2030

The number of single-family offices is expected to rise from 8,000 to 10,720 by 2030, according to Deloitte Private.

Published 5 September 2024
Categorised as Finance News

August private payrolls rose by 99,000, smallest gain since 2021 and far below estimates, ADP says

The total was less than the downwardly revised 111,000 in July and below the Dow Jones consensus forecast for 140,000.

Published 5 September 2024
Categorised as Finance News

Stocks making the biggest moves premarket: C3.ai, Tesla, JetBlue and more

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

Published 5 September 2024
Categorised as Finance News

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