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Financial News Around the World

Many ‘doubted the vision’: Saudi investment minister touts ‘green shoring’ on path to diversification

Saudi Minister of Investment Khalid al-Falih pushed back on skepticism of Riyadh’s economic diversification.

Published 8 September 2024
Categorised as Finance News

JPMorgan downgrades its opinion on China, but still likes these individual stocks

As the summer holidays end, investors in China are coming to accept that consumption and growth will remain sluggish for a while.

Published 8 September 2024
Categorised as Finance News

ETFs are on pace to break record annual inflows, but this wild card could change it all

ETF inflows could rise as investors begin to search for other opportunities outside of money market funds.

Published 7 September 2024
Categorised as Finance News

3 ways Wall Street’s largest banks are leveraging AI to increase profitability

Top finance leaders are becoming convinced that the tech will transform their businesses.

Published 7 September 2024
Categorised as Finance News

Europe’s economy survived ‘terrible prophecies’ but must now tackle trade with China: EU’s Gentiloni

After surviving the “terrible prophecies,” Europe’s economy must face the challenges of the war in Ukraine and trade ties with China, EU’s Paolo Gentiloni says.

Published 7 September 2024
Categorised as Finance News

U.S. job market slows, but it’s not yet a ‘three-alarm fire,’ economist says

The labor market has shown unambiguous signs of cooling, economists said. Recession could follow if the trajectory continues.

Published 6 September 2024
Categorised as Finance News

Top 10 people most likely to reach trillionaire status

At least a half-dozen companies have hit the $1 trillion mark and now the question is: Who could be the first individual person to become a trillionaire?

Published 6 September 2024
Categorised as Finance News

Stocks making the biggest moves midday: Intel, Nio, Super Micro Computer and more

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

Published 6 September 2024
Categorised as Finance News

Fed Governor Waller backs interest rate cut at September meeting, open to larger move

Waller on Friday backed an interest rate cut at the upcoming policy meeting, noting the importance of supporting a weakening jobs picture.

Published 6 September 2024
Categorised as Finance News

Unemployment among Black workers falls in August, bucking trend from other groups

The unemployment rate for Black Americans crept lower in August.

Published 6 September 2024
Categorised as Finance News

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