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Financial News Around the World

China is ramping up stimulus to boost market confidence — but is it enough?

There are rising expectations for more support from China to boost its economy and stock markets — especially after the PBOC’s easing announcements on Wednesday.

Published 25 January 2024
Categorised as Finance News

Thursday’s GDP report expected to show the U.S. economy at a crossroads

The consensus outlook for the fourth quarter is that gross domestic product grew at a 2% seasonally adjusted annualized pace.

Published 24 January 2024
Categorised as Finance News

IRS has started simplifying millions of complicated taxpayer notices ahead of the filing season

The IRS has unveiled its “Simple Notice Initiative” to clarify millions of letters received by taxpayers every year. Here’s what to expect from the program.

Published 24 January 2024
Categorised as Finance News

Stocks making the biggest moves midday: Netflix, ASML, AT&T, Advanced Micro Devices and more

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

Published 24 January 2024
Categorised as Finance News

These are the proposed changes to the child tax credit — and how much you could get

The $78 billion bipartisan tax package includes temporary child tax credit changes that could affect millions of families filing 2023 taxes.

Published 24 January 2024
Categorised as Finance News

Stocks making the biggest moves premarket: Netflix, AT&T, Tesla, EBay, AMD and more

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

Published 24 January 2024
Categorised as Finance News

Hamptons mansion on auction block

CNBC’s Robert Frank joins ‘Squawk Box’ with the latest news from the auction market.

Published 24 January 2024
Categorised as Finance News

Klarna to debut $7.99 monthly plan as buy now, pay later firm seeks new revenue sources ahead of IPO

Klarna Plus is the latest example of a fintech player hoping to build out its offerings and boost recurring revenue. An IPO is imminent, the firm’s CEO said.

Published 24 January 2024
Categorised as Finance News

German regulator urges banks to set aside bumper profits for bad news on the horizon

Banks should be setting aside this year’s bumper profits to provision for clients defaulting on loans, says BaFin President Mark Branson.

Published 24 January 2024
Categorised as Finance News

Hedge fund billionaire Bill Ackman and wife Neri Oxman buy nearly 5% stake in Tel Aviv Stock Exchange

Hedge fund billionaire Bill Ackman and his wife Neri Oxman are buying a nearly 5% stake in the Tel Aviv Stock Exchange, the exchange reported in a press release Wednesday.

Published 24 January 2024
Categorised as Finance News

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