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Financial News Around the World

Consumer spending jumped in July as retail sales were up 1%, much better than expected

Retail sales were projected to increase 0.3% in July, according to the Dow Jones consensus estimate.

Published 15 August 2024
Categorised as Finance News

Klarna takes on banks with a personal account and cashback rewards ahead of IPO

Klarna, best known for its buy now, pay later loans, is launching a personal account for deposits and cashback rewards in the U.S. and Europe.

Published 15 August 2024
Categorised as Finance News

Stocks making the biggest moves premarket: Ulta Beauty, Walmart, Cisco Systems and more

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

Published 15 August 2024
Categorised as Finance News

UK economy expands 0.6% in second quarter; June growth stalls

GDP has recorded slight but steady growth almost every month so far this year as the U.K. exits a shallow recession.

Published 15 August 2024
Categorised as Finance News

China’s bond market intervention reveals financial stability worries

The country’s latest efforts to stem a bond market rally shows that authorities are worried about financial stability, analysts said.

Published 15 August 2024
Categorised as Finance News

Stocks making the biggest moves after hours: Cisco, Ulta, Nike and more

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

Published 14 August 2024
Categorised as Finance News

Stocks making the biggest moves midday: Brinker International, Victoria’s Secret, Flutter Entertainment and more

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

Published 14 August 2024
Categorised as Finance News

Annual inflation rate slows to 2.9% in July, lowest since 2021

The consumer price index was expected to show a 0.2% increase in July and a 3% gain over the past year.

Published 14 August 2024
Categorised as Finance News

Stocks making the biggest moves premarket: Kellanova, Alphabet, Flutter and more

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

Published 14 August 2024
Categorised as Finance News

UBS CEO says it’s too early to talk about a U.S. recession, but a slowdown is possible

UBS CEO Sergio Ermotti said market volatility could intensify in the second half of the year, but he does not believe the U.S. is heading into a recession.

Published 14 August 2024
Categorised as Finance News

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