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Financial News Around the World

Goldman Sachs partner Beth Hammack to succeed Mester as Cleveland Fed leader

The central bank district announced Wednesday that Beth M. Hammack, 52, will take over when Loretta Mester steps down June 30.

Published 29 May 2024
Categorised as Finance News

Crypto exchange Gemini returns $2.2 billion to users after pausing withdrawals 18 months ago

Crypto exchange Gemini announced Wednesday that it will return $2.18 billion to users of the Earn program, which it paused withdrawals for in November 2022.

Published 29 May 2024
Categorised as Finance News

Stocks making the biggest moves premarket: Marathon Oil, Robinhood, American Airlines, Chewy & more

Check out the companies making headlines before the bell.

Published 29 May 2024
Categorised as Finance News

Global debt has grown to $315 trillion this year — here’s how we got here

The world is mired in $315 trillion of debt, according to a report from the Institute of International Finance.

Published 29 May 2024
Categorised as Finance News

Clean Energy Ventures raises $305 million to back early-stage climate startups

Clean energy stocks may be underperforming in the public market, but in private markets there is still appetite for companies focused on decarbonization.

Published 29 May 2024
Categorised as Finance News

IMF upgrades China’s growth forecast to 5% on ‘strong’ first quarter and policy measures

The International Monetary Fund raised its forecast for China’s growth this year to 5%, from 4.6% previously, due to “strong” first quarter figures and policy moves.

Published 29 May 2024
Categorised as Finance News

Chinese travelers are opting for lower-cost domestic destinations over foreign tourist spots

Cost-conscious Chinese consumers are increasingly picking cheaper tourist destinations at home instead of going overseas.

Published 28 May 2024
Categorised as Finance News

Stocks making the biggest moves after hours: American Airlines, Robinhood, Box and more

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

Published 28 May 2024
Categorised as Finance News

Stocks making the biggest moves midday: GameStop, U.S. Cellular, Nvidia, Norwegian Cruise Line and more

These are the stocks posting the largest moves midday.

Published 28 May 2024
Categorised as Finance News

Stock trade settlement moves to single day as GameStop mania underscores need for faster transactions

Wall Street is now required to settle stock trades faster after a new rule from the Securities and Exchange Commission takes effect Tuesday.

Published 28 May 2024
Categorised as Finance News

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