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Financial News Around the World

Family offices are planning big investments in private companies

Investing directly allows them to contribute their expertise and management advice to the portfolio companies, as well as their capital.

Published 10 June 2024
Categorised as Finance News

Stocks making the biggest moves premarket: DraftKings, Carvana, Southwest Airlines, Planet Fitness and more

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

Published 10 June 2024
Categorised as Finance News

Buying a house of ‘Home Alone’ or John Lennon fame? There’s a premium for that

A number of famous homes are for sale. Luxury real estate agents say sellers typically fetch a premium for that cachet.

Published 9 June 2024
Categorised as Finance News

China’s consumers are spending on experiences. Travel stocks to watch

The tourism industry’s growth, despite a more sluggish macro backdrop in China, is similar to what happened in the U.S. after the pandemic.

Published 9 June 2024
Categorised as Finance News

Retail investors may be a step closer to investing in unicorns

Forge Global CEO Kelly Rodriques wants to revolutionize private equity investing to help mitigate a stalling IPO market.

Published 8 June 2024
Categorised as Finance News

Synapse bankruptcy trustee says $85 million of customer savings is missing in fintech meltdown

The missing funds explain what is at the heart of the worst meltdown in the U.S. fintech sector since its emergence after the 2008 financial crisis.

Published 7 June 2024
Categorised as Finance News

Market backs off on hopes for interest rate cuts following strong jobs report

The data at the very least add to the narrative that the Fed doesn’t have to be in a rush to lower interest rates.

Published 7 June 2024
Categorised as Finance News

Stocks making the biggest moves midday: GameStop, Vail Resorts, DocuSign, Skechers and more

These are the stocks posting the largest moves midday.

Published 7 June 2024
Categorised as Finance News

Jobless rates rise in May for all racial groups except white Americans

The unemployment rate for white Americans held steady from April to May, but rose for all other demographic groups last month.

Published 7 June 2024
Categorised as Finance News

Apollo’s co-president said it is one of the few private equity firms OK with higher rates

Apollo Asset Management’s co-president Scott Kleinman had a more contrarian view: He said he’d be betting against any rate cuts in 2024. 

Published 7 June 2024
Categorised as Finance News

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