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Financial News Around the World

‘Why would you tinker with it if it’s not broken?’: Economist on why the Fed may not cut rates in September

There are risks to easing monetary policy that cast a cloud over the rate cut outlook, High Frequency Economics’ Carl Weinberg told CNBC.

Published 12 July 2024
Categorised as Finance News

Ambani’s wedding kicks off in India this weekend. Here’s who will be at the star-studded event

Mukesh Ambani’s youngest son is set to tie the knot this weekend after months-long wedding celebrations. Here’s what you need to know.

Published 12 July 2024
Categorised as Finance News

China’s imports unexpectedly drop in June, but exports beat forecasts

China’s imports fell in June, missing expectations for slight growth, while exports grew more than expected, customs data released Friday showed.

Published 12 July 2024
Categorised as Finance News

JPMorgan Chase is set to report second-quarter earnings – here’s what the Street expects

While JPMorgan has passed numerous stress tests lately, it’s possible the bank’s consumers could begin showing more strain from higher interest rates.

Published 12 July 2024
Categorised as Finance News

China gears up for next week’s Third Plenum meeting. Here’s why real estate isn’t likely the main focus

China’s real estate problems may be massive, but analysts expect the upcoming Third Plenum to focus on other areas — such as high local government debt levels.

Published 12 July 2024
Categorised as Finance News

Stocks making the biggest moves midday: Delta Air Lines, SoundHound AI, WD-40, Tesla and more

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

Published 11 July 2024
Categorised as Finance News

These 3 stocks are set to bounce once the Fed finally lowers interest rates

The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.

Published 11 July 2024
Categorised as Finance News

High inflation is largely not Biden’s or Trump’s fault, economists say

Inflation surged to its highest level since 1981 during the pandemic era. That was primarily driven by dynamics outside White House control, economists said.

Published 11 July 2024
Categorised as Finance News

Banks in Synapse mess make progress toward releasing deposits of stranded fintech customers

More than 100,000 customers of fintech apps like Yotta, Juno and Copper have been locked out of their accounts since May.

Published 11 July 2024
Categorised as Finance News

Investors grow concerned AI isn’t being adopted fast enough to justify the hype, says Goldman Sachs

“Our conversations with investors have been defined by skepticism about latter stages of AI adoption,” Goldman analysts said.

Published 11 July 2024
Categorised as Finance News

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Recent Posts

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