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Financial News Around the World

Bitcoin rally helps create more than 84,000 new crypto billionaires in a year

The surge reflects the rapid growth of bitcoin exchange-traded funds, which now have more than $50 billion in assets since their launch in January.

Published 27 August 2024
Categorised as Finance News

BHP CEO expects a turnaround in China’s property sector in year ahead

BHP’s CEO Mike Henry said he expects China’s property sector to see a rebound in the upcoming year on the back of favorable government policies.

Published 27 August 2024
Categorised as Finance News

Increased sausage demand could be worrying signal on the economy

One manufacturer included in the Dallas Fed’s latest survey said growth in the category typically aligns with a slowing economy.

Published 26 August 2024
Categorised as Finance News

Two major investor groups love these stocks, according to Goldman Sachs

Hedge funds and mutual funds piled into a handful of the same stocks last quarter in anticipation of changing market leadership, according to Goldman.

Published 26 August 2024
Categorised as Finance News

Stocks making the biggest moves premarket: PDD Holdings, Boeing, Planet Fitness and more

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

Published 26 August 2024
Categorised as Finance News

The IRS has a method of ‘last resort’ to collect overdue taxes: Revoking your passport

The State Department can deny a passport application or revoke an active passport if the IRS certifies a tax debt as “seriously delinquent.”

Published 25 August 2024
Categorised as Finance News

China’s earnings season is wrapping up. How to play what’s next

Major Chinese companies’ latest quarterly reports reinforce how the local market is one for stock pickers.

Published 25 August 2024
Categorised as Finance News

Why dividend stocks should be a hot play into fall

Ahead of the Fed’s September rate cut decision, more investors are focusing on public companies delivering cash payouts.

Published 24 August 2024
Categorised as Finance News

How investors can prepare for lower interest rates: It’s ‘like getting a haircut,’ advisor says

Federal Reserve chair Jerome Powell said Friday that “the time has come” to adjust interest-rate policy. Here’s how investors can get ready for rate cuts.

Published 23 August 2024
Categorised as Finance News

Markets are now wondering whether the Fed might cut by half a point in September

The odds of something even more aggressive, like a half-point move, grew quickly Friday.

Published 23 August 2024
Categorised as Finance News

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