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Financial News Around the World

Gary Gensler reviews his accomplishments, says he was ‘proud to serve’ as SEC chair

In what sounded awfully close to a farewell speech, Gensler made only passing reference to his most controversial disclosure rule, on climate change.

Published 14 November 2024
Categorised as Finance News

Wholesale prices rose 0.2% in October, in line with expectations

The producer price index was expected to increase 0.2% in October, according to the Dow Jones consensus forecast.

Published 14 November 2024
Categorised as Finance News

Stocks making the biggest moves premarket: Disney, Cisco, ASML, Tapestry and more

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

Published 14 November 2024
Categorised as Finance News

It’s ‘liquidity, stupid’: VCs say tech investing is tough amid IPO lull and ‘nuts’ AI hype

Venture capitalists at Web Summit say the hunt for liquidity is getting harder, despite “nuts” funding rounds for AI firms like OpenAI.

Published 14 November 2024
Categorised as Finance News

Britain’s motor finance industry is in crisis – with banks bracing for billions in payouts

The crisis has prompted comparisons to Britain’s PPI scandal, which was estimated to have cost banks more than £50 billion ($63.8 billion).

Published 14 November 2024
Categorised as Finance News

Chinese AI startup takes aim at OpenAI’s Sora with image-to-video tool launch

Beijing-based Shengshu Technology updated its artificial intelligence-powered text-to-video tool Vidu for generating videos based on separate images.

Published 14 November 2024
Categorised as Finance News

Stocks making the biggest moves after hours: Ibotta, Cisco Systems, CNH Industrial and more

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

Published 13 November 2024
Categorised as Finance News

Stocks making the biggest moves midday: Rivian, Cava, Rocket Lab, Amgen and more

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

Published 13 November 2024
Categorised as Finance News

Banks are reporting a tenfold surge in digital scams, cybersecurity firm BioCatch says

Banks are under pressure to kick criminals off their platforms and compensate more victims as regulators and lawmakers focus on the harm done by digital scams.

Published 13 November 2024
Categorised as Finance News

Annual inflation rate hit 2.6% in October, meeting expectations

The consumer price index was expected to increase 0.2% in October and show a 2.6% 12-month rate.

Published 13 November 2024
Categorised as Finance News

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