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Financial News Around the World

Stocks making the biggest moves premarket: GameStop, Lyft, Vail Resorts and more

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

Published 7 June 2024
Categorised as Finance News

The U.S. added 600,000 new millionaires last year as AI fueled markets

America’s millionaire population grew 7.3% in 2023 to 7.5 million people, according to a report from Capgemini. Their combined fortunes grew to $26.1 trillion.

Published 7 June 2024
Categorised as Finance News

Credit Suisse bondholders sue Switzerland in the U.S. over $17 billion writedown of AT1 debt

A group of Credit Suisse bondholders have filed a lawsuit over the Swiss government’s decision to write down the failed bank’s Additional Tier 1 debt.

Published 7 June 2024
Categorised as Finance News

War, what war? Putin looks to woo new business partners willing to overlook its invasion of Ukraine

The days of scores of Western business leaders and heads of state attending the St. Petersburg International Economic Forum are long gone.

Published 7 June 2024
Categorised as Finance News

Chinese electric car company Nio to enter Middle East this year amid global expansion by peers

Chinese EV company Nio plans to expand to the Middle East this year, and begin delivering vehicles under a third brand in the first half of next year.

Published 7 June 2024
Categorised as Finance News

China’s Alibaba is courting European and U.S. small businesses as it goes global

Chinese e-commerce giant Alibaba is ramping up its global expansion with new services aimed at attracting small businesses in the U.S. and Europe.

Published 6 June 2024
Categorised as Finance News

Stocks making the biggest moves after hours: Vail Resorts, DocuSign, Samsara, Braze and more

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

Published 6 June 2024
Categorised as Finance News

Here’s what to expect from Friday’s big jobs report

Economists surveyed by Dow Jones expect the Bureau of Labor Statistics to report that the U.S. economy added 190,000 more jobs on the month.

Published 6 June 2024
Categorised as Finance News

Young job seekers are finding it tougher to find employment, despite a bustling labor market: ‘It was brutal’

Worries are growing that the labor market is beginning to show cracks, particularly for younger aspirants.

Published 6 June 2024
Categorised as Finance News

The low-end consumer ‘is really being stretched,’ says Five Below CEO

U.S. consumers may still be feeling the effects of inflation for quite some time, according to Five Below CEO Joel Anderson.

Published 6 June 2024
Categorised as Finance News

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