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Financial News Around the World

Goldman Sachs says these China stocks can win even if there’s a repeat of Japan’s lost decades

The China playbook is changing, after decades of rapid growth.

Published 14 January 2024
Categorised as Finance News

Why spot ETFs may be a game changer for bitcoin

The SEC’s approval of 11 spot bitcoin ETFs this week could be a turning point for cryptocurrency investing.

Published 13 January 2024
Categorised as Finance News

In a ‘lost’ interview, Jeff Bezos revealed why he chose books as the ‘best product’ to sell on Amazon

Bezos told an interviewer in 1997 that he started Amazon after making a list of 20 different products he could sell online. Here’s why he started with books.

Published 13 January 2024
Categorised as Finance News

Deflation: Here’s where prices fell in December 2023, in one chart

Prices have declined over the past year in consumer categories such as physical goods, groceries and energy, according to the consumer price index.

Published 12 January 2024
Categorised as Finance News

IRS: Taxpayers may avoid a surprise tax bill by making a quarterly payment by Jan. 16

The fourth quarter estimated tax deadline is Jan. 16, and you could have a surprise bill or owe a penalty if you don’t send a payment.

Published 12 January 2024
Categorised as Finance News

Stocks making the biggest moves midday: United Airlines, CVS, Tesla, Citi, DocuSign and more

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

Published 12 January 2024
Categorised as Finance News

Citigroup is cutting 10% of its workforce in CEO Jane Fraser’s corporate overhaul

Citigroup CEO Jane Fraser announced one of the largest moves to cut headcount at a major U.S. bank in recent years.

Published 12 January 2024
Categorised as Finance News

Bill Ackman is creating an activist organization to fight antisemitism, reform higher education

“It’s going to be a ‘think-and-do tank.’ It’s going to be an activist,” Ackman said in an interview with CNBC’s Andrew Ross Sorkin on “Squawk Box.”

Published 12 January 2024
Categorised as Finance News

Citigroup posts $1.8 billion fourth-quarter loss after litany of charges

Citigroup CEO Jane Fraser announced plans for a sweeping corporate reorganization in September after previous efforts failed to boost the bank’s share price.

Published 12 January 2024
Categorised as Finance News

Wholesale prices unexpectedly fell 0.1% in December in positive inflation sign

The producer price index fell 0.1% for the month and ended 2023 up 1% from a year ago, the Labor Department reported Friday.

Published 12 January 2024
Categorised as Finance News

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