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Financial News Around the World

This toxic mindset can cost you ‘tens of thousands of dollars,’ says psychologist—how to avoid it

Self-worth issues can affect your long-term wealth, says psychologist and podcast host Dr. Adia Gooden. Here is how to avoid those costly mistakes.

Published 8 August 2023
Categorised as Finance News

Credit card balances jumped in the second quarter and are above $1 trillion for the first time

Credit card debt 30 or more days late rose to 7.2% in the second quarter, up from 6.5% in Q1 and the highest rate since the first quarter of 2012.

Published 8 August 2023
Categorised as Finance News

Banks hit with $549 million in fines for use of Signal, WhatsApp to evade regulators’ reach

Wells Fargo, a relatively small player on Wall Street, racked up the most fines Tuesday, with a total of $200 million in penalties.

Published 8 August 2023
Categorised as Finance News

Philadelphia Fed President Patrick Harker suggests interest rate hikes are at an end

A voter this year on the rate-setting FOMC, Harker noted progress in the fight against inflation and confidence in the economy.

Published 8 August 2023
Categorised as Finance News

Stocks making the biggest moves premarket: UPS, Lucid, Beyond Meat, Novo Nordisk and more

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

Published 8 August 2023
Categorised as Finance News

Moody’s cuts ratings of 10 U.S. banks and puts some big names on downgrade watch

Moody’s on Monday cut the credit ratings of a host of small and mid-sized U.S. banks and placed several Wall Street big names on negative review.

Published 8 August 2023
Categorised as Finance News

Italian bank shares slide after government surprises with windfall tax

Italian banking shares took a beating on Tuesday after Italy’s cabinet surprised with a 40% windfall tax on lenders’ “excess” profits in 2023.

Published 8 August 2023
Categorised as Finance News

Champagne sales are booming. But its taste could soon change forever — thanks to climate change

Europe’s soaring temperatures and increasingly volatile weather are sparking fears that France’s Champagne region could become unsuitable for its production.

Published 8 August 2023
Categorised as Finance News

China releases plans to restrict facial recognition technology

China is planning to restrict businesses’ use of facial recognition technology in favor of non-biometric methods, according to the Cyberspace Administration.

Published 8 August 2023
Categorised as Finance News

Stocks making the biggest moves after hours: Chegg, Beyond Meat, Paramount Global, Celanese and more

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

Published 7 August 2023
Categorised as Finance News

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