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Financial News Around the World

Saudi Arabia’s economic growth slows as oil cuts, price drops bite into revenues

The International Monetary Fund had dubbed Riyadh the fastest growing economy in the Group of 20 in 2022.

Published 31 July 2023
Categorised as Finance News

China’s electric car game amps up. One stock has doubled this year

Just when Chinese electric car companies may be needing the cash, foreign automakers need the market — not only in China but globally.

Published 30 July 2023
Categorised as Finance News

The fight over a bill targeting credit card fees pits payment companies against retailers

Bipartisan support for the Credit Card Competition Act has surged since it was introduced last year.

Published 30 July 2023
Categorised as Finance News

House lawmakers scrutinize pandemic-era small business tax break expert calls ‘fraught with fraud’

Scrutiny of a pandemic-era tax credit intensified this week for the employee retention tax credit. Here’s what it means for small businesses.

Published 30 July 2023
Categorised as Finance News

Why substituting cryptocurrency for gold exposure may be a costly mistake

State Street Global Advisors’ George Milling-Stanley, whose firm runs the world’s largest gold ETF, gives his bull case for the precious metal.

Published 29 July 2023
Categorised as Finance News

37% of baby boomers have more stock exposure than they should, Fidelity says. These 4 tips can help

Even in retirement, investors should have exposure to stocks, experts say. But the question they must ask: How much is enough?

Published 29 July 2023
Categorised as Finance News

Uber shares hit new 52-week high. How the pros are playing the stock

Pros on CNBC discussed Uber after Oppenheimer reiterated the stock as a “top pick” ahead of the company’s earnings report Tuesday.

Published 28 July 2023
Categorised as Finance News

Mega Millions jackpot hits $940 million. If you win, here’s the tax bill

The Mega Millions jackpot jumped to $940 million Friday. Here’s what to expect for the tax bill if you win.

Published 28 July 2023
Categorised as Finance News

Stocks making the biggest moves midday: Intel, Roku, Sweetgreen, Ford & more

Check out the companies making headlines in midday trading.

Published 28 July 2023
Categorised as Finance News

$20 an hour, clothing stipend, meals: How a Big Four firm is trying to get teens interested in accounting

KPMG is offering summer interns $20-$22 an hour to encourage more teenagers to consider a career in accounting and help fix the talent pipeline problem.

Published 28 July 2023
Categorised as Finance News

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