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Financial News Around the World

Markets are now wondering whether the Fed might cut by half a point in September

The odds of something even more aggressive, like a half-point move, grew quickly Friday.

Published 23 August 2024
Categorised as Finance News

Stocks making the biggest moves midday: Cava, Intuit, Ross Stores, Workday and more

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

Published 23 August 2024
Categorised as Finance News

Fed Chair Powell indicates interest rate cuts ahead: ‘The time has come for policy to adjust’

Powell laid the groundwork for interest rate cuts ahead, though he declined to provide exact indications on timing or extent.

Published 23 August 2024
Categorised as Finance News

Watch live: Fed Chair Jerome Powell speaks from Jackson Hole conference

Jerome Powell delivers his keynote speech at 10 a.m. on Friday for the central bank’s annual retreat in Jackson Hole, Wyoming.

Published 23 August 2024
Categorised as Finance News

Stocks making the biggest moves premarket: Peloton, Workday, Chewy and more

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

Published 23 August 2024
Categorised as Finance News

Classic car sales stall in Monterey auctions as new generation takes charge

The average sale price was $476,965, down slightly from last year’s average of $477,866.

Published 23 August 2024
Categorised as Finance News

Inside Monterey Car Week 2024

Executives from the world’s top auction houses and CEOs of Lamborghini and Rimac Group sound off on Monterey Car Week.

Published 23 August 2024
Categorised as Finance News

Why remote work has staying power: It’s ‘still kicking,’ economist says

The pandemic-era trend of working remotely has endured largely because it benefits both workers and businesses, economists said.

Published 23 August 2024
Categorised as Finance News

No longer a financial reservoir? Saudi Arabia’s spending confirms clear shift in strategy

The kingdom’s $925 billion sovereign wealth fund, the Public Investment Fund, saw its assets jump 29% in 2023 — and domestic investment was a major driver.

Published 23 August 2024
Categorised as Finance News

A recession is coming in the U.S., and ‘a few rate cuts’ won’t prevent it, says strategist

Contrary to what many believe, investment research firm BCA Research sees that the economy is on the cusp of a recession.

Published 23 August 2024
Categorised as Finance News

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Recent Posts

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