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Financial News Around the World

Here’s how making poor investment choices is like watching classic thriller ‘Jaws’

Investors tend to make choices based on recent events, like a steep drop in stocks. It’s akin to watching the movie “Jaws” and then being afraid to swim.

Published 21 July 2023
Categorised as Finance News

Stocks making the biggest moves premarket: American Express, AutoNation, CSX and more

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

Published 21 July 2023
Categorised as Finance News

TikTok Shop strikes ‘buy now, pay later’ partnership in Malaysia as part of e-commerce push

Atome is the BNPL arm of Singapore-based fintech firm Advance Intelligence Group, which is backed by the likes of SoftBank Vision Fund 2 and Warburg Pincus.

Published 21 July 2023
Categorised as Finance News

FTX lawyers accuse Sam Bankman-Fried of financing his criminal defense with $10 million in misappropriated funds

A lawsuit against Sam Bankman-Fried alleges the indicted former FTX CEO has been financing his criminal defense with $10 million in company funds.

Published 20 July 2023
Categorised as Finance News

Stocks making the biggest moves after hours: CSX, PPG Industries, Knight-Swift Transportation and more

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

Published 20 July 2023
Categorised as Finance News

Tesla tanks despite second-quarter earnings beat. Here’s how to play the stock

Pros on CNBC discussed Tesla after shares fell despite reporting an all-time high quarterly revenue and Q2 earnings beat.

Published 20 July 2023
Categorised as Finance News

Federal Reserve officially launches new FedNow instant-payments service

The system will be available 24 hours, seven days a week and is open to interested banks and credit unions.

Published 20 July 2023
Categorised as Finance News

Stocks making the biggest moves midday: Netflix, American Airlines, Johnson & Johnson and more

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

Published 20 July 2023
Categorised as Finance News

Harvard psychologist: The ‘common enemy effect’ may explain why Elon Musk’s declining popularity could benefit Mark Zuckerberg

Could Elon Musk’s declining popularity, and something psychologists call the “common enemy effect,” provide a boon to rival Mark Zuckerberg’s business?

Published 20 July 2023
Categorised as Finance News

Winning ticket for Powerball’s $1.08 billion jackpot sold in California — here’s how much the winner will owe in taxes

The Powerball winner will face a 24% federal tax withholding, but that won’t cover the entire tax bill.

Published 20 July 2023
Categorised as Finance News

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  • Credit default swaps are back in fashion — even if the panic might be overblown
  • Credit default swaps are back in fashion — even if the panic might be overblown
  • Credit default swaps are back in fashion — even if the panic might be overblown

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