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Financial News Around the World

Classic car sales stall in Monterey auctions as new generation takes charge

The average sale price was $476,965, down slightly from last year’s average of $477,866.

Published 23 August 2024
Categorised as Finance News

Inside Monterey Car Week 2024

Executives from the world’s top auction houses and CEOs of Lamborghini and Rimac Group sound off on Monterey Car Week.

Published 23 August 2024
Categorised as Finance News

Why remote work has staying power: It’s ‘still kicking,’ economist says

The pandemic-era trend of working remotely has endured largely because it benefits both workers and businesses, economists said.

Published 23 August 2024
Categorised as Finance News

No longer a financial reservoir? Saudi Arabia’s spending confirms clear shift in strategy

The kingdom’s $925 billion sovereign wealth fund, the Public Investment Fund, saw its assets jump 29% in 2023 — and domestic investment was a major driver.

Published 23 August 2024
Categorised as Finance News

A recession is coming in the U.S., and ‘a few rate cuts’ won’t prevent it, says strategist

Contrary to what many believe, investment research firm BCA Research sees that the economy is on the cusp of a recession.

Published 23 August 2024
Categorised as Finance News

Stocks making the biggest moves after hours: Cava, Uber, Ross Stores, Workday and more

See which stocks are posting big moves after the bell.

Published 22 August 2024
Categorised as Finance News

Here’s everything to expect from Fed Chair Powell’s speech Friday in Jackson Hole

For all the attention being paid to the speech, the chances of it containing any new news seem remote.

Published 22 August 2024
Categorised as Finance News

Stocks making the biggest moves midday: Urban Outfitters, Peloton, Advance Auto Parts and more

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

Published 22 August 2024
Categorised as Finance News

Mike Lynch, man once dubbed ‘Britain’s Bill Gates,’ dies at age 59

Mike Lynch, who had just recently won a landmark U.S. fraud trial, was found dead in the wreckage of a yacht that sank off the coast of Sicily. He was 59.

Published 22 August 2024
Categorised as Finance News

Kamala Harris’ tax plan for investors: Here’s what you need to know

CNBC’s Robert Frank reports on Kamala Harris’ campaigning tax plan.

Published 22 August 2024
Categorised as Finance News

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