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Financial News Around the World

Trump, who signed SALT deduction cap into law, now vows to ‘get SALT back’

CNBC’s Robert Frank reports on one of former President Trump’s tax laws.

Published 18 September 2024
Categorised as Finance News

JPMorgan creates new role overseeing junior bankers as Wall Street wrestles with workload concerns

The move shows how JPMorgan Chase, the biggest American investment bank by revenue, is responding to the latest untimely death on Wall Street.

Published 18 September 2024
Categorised as Finance News

Stocks making the biggest moves premarket: General Mills, U.S. Steel, V.F. Corp., ResMed, and more

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

Published 18 September 2024
Categorised as Finance News

Ray Dalio names the top five forces shaping the global economy

Speaking at the Milken Institute’s Asia Summit in Singapore, the founder of Bridgewater Associates said the five factors are interrelated and often cyclical.

Published 18 September 2024
Categorised as Finance News

Point72’s Steve Cohen is stepping back from trading his own book

The prominent hedge fund investor, who also owns the New York Mets, will continue his role as the co-chief investment officer at Point72.

Published 17 September 2024
Categorised as Finance News

The Fed’s biggest interest rate call in years happens Wednesday. Here’s what to expect

While markets have made up their mind that the Fed is going to cut, there’s a vigorous debate over how far policymakers will go.

Published 17 September 2024
Categorised as Finance News

DoubleLine’s Gundlach says the Fed needs to cut rates quickly, sees a half-point reduction Wednesday

DoubleLine Capital CEO Jeffrey Gundlach said the Federal Reserve needs to ease policy quickly amid an economic slowdown.

Published 17 September 2024
Categorised as Finance News

Apple is in talks with JPMorgan for bank to take over card from Goldman Sachs

While the talks are early and could falter, the move could mean that the country’s largest credit card issuer may be about to grow even larger.

Published 17 September 2024
Categorised as Finance News

Lawmakers are ‘demeaning their role’ by trying to influence the Fed, House finance chair says

The chair of the House Financial Services Committee said it was an ‘outrage’ that some politicians are trying to direct the central bank’s rate cuts.

Published 17 September 2024
Categorised as Finance News

Planning to delay retirement may not rescue you from poor savings

Many people retire earlier than expected due to unforeseen factors like a layoff or poor health.

Published 17 September 2024
Categorised as Finance News

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