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Financial News Around the World

Auto insurance rates are jumping the most since the 1970s, but there could be relief soon

Soaring auto insurance costs have been a principle driver behind inflation over the past year, but there could be relief on the way.

Published 23 May 2024
Categorised as Finance News

Palm Beach housekeepers are making $150,000 a year due to massive demand from the wealthy

The mass wealth migration to Florida from New York and other high-tax states has created record demand for household staff in elite Florida enclaves.

Published 23 May 2024
Categorised as Finance News

Stocks making the biggest moves before the bell: Nvidia, Live Nation, Snowflake and more

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

Published 23 May 2024
Categorised as Finance News

JPMorgan CEO Jamie Dimon says U.S. could see a ‘hard landing,’ stagflation will be ‘worst outcome’

Dimon said the worst outcome for the U.S. economy will be a “stagflation” scenario, where inflation continues to rise, but growth slows amid high unemployment.

Published 23 May 2024
Categorised as Finance News

This ETF aims to capture China’s own ‘Magnificent Seven’

Roundhill Investments’ Lucky Eight ETF aims to track China’s most innovative names in tech.

Published 22 May 2024
Categorised as Finance News

Stocks making the biggest moves after hours: Nvidia, Snowflake, VF Corp. and more

See which stocks are posting big moves after the bell.

Published 22 May 2024
Categorised as Finance News

Wealth Tax and the Next Great Migration

As over a dozen states consider tax hikes on the wealthy, the debate over what happens when the ultra-wealthy decamp for more tax-friendly parts of the country is reaching a crescendo. CNBC Wealth Reporter Robert Frank speaks with Tax Foundation’s Jared Walczak about the “millionaire tax flight” and Bess Freedman, CEO of Brown Harris Stevens… Continue reading Wealth Tax and the Next Great Migration

Published 22 May 2024
Categorised as Finance News

These are the 3 big risks to the stock market, economist says

Federal Reserve policy, a surprise recession and disappointing future earnings for companies like Nvidia could rein in the stock euphoria, one analyst said.

Published 22 May 2024
Categorised as Finance News

Federal Reserve minutes indicate worries over lack of progress on inflation

The Federal Reserve on Wednesday released minutes from its April 30-May 1 policy meeting.

Published 22 May 2024
Categorised as Finance News

Fintech nightmare: ‘I have nearly $38,000 tied up’ after Synapse bankruptcy

Synapse is as a middle-man between customer-facing fintech brands and FDIC-backed banks, but it’s had disagreements about how much in customer balances it owed.

Published 22 May 2024
Categorised as Finance News

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