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Financial News Around the World

Fed Governor Waller backs interest rate cut at September meeting, open to larger move

Waller on Friday backed an interest rate cut at the upcoming policy meeting, noting the importance of supporting a weakening jobs picture.

Published 6 September 2024
Categorised as Finance News

Unemployment among Black workers falls in August, bucking trend from other groups

The unemployment rate for Black Americans crept lower in August.

Published 6 September 2024
Categorised as Finance News

Here’s where the jobs are for August 2024 — in one chart

Health care and hospitality were key drivers for a job market that has cooled off in recent months.

Published 6 September 2024
Categorised as Finance News

August payrolls grew by a less-than-expected 142,000, but unemployment rate ticked down to 4.2%

Nonfarm payrolls were expected to expand by 161,000 in August while the unemployment rate fell to 4.2%.

Published 6 September 2024
Categorised as Finance News

Stocks making the biggest moves premarket: Bowlero, UiPath, Broadcom and more

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

Published 6 September 2024
Categorised as Finance News

China should focus on fighting deflationary pressure, former central bank governor says

China’s policymakers need to focus on boosting domestic demand, Yi Gang, former head of the People’s Bank of China, said Friday at the Bund Summit in Shanghai.

Published 6 September 2024
Categorised as Finance News

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

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