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Financial News Around the World

Target says Pride collection will appear in ‘select’ stores, cuts LGBTQ apparel for kids

The retailer said it would be selling its Pride merchandise in a select number of stores and that apparel from the collection this year will be for adults only.

Published 10 May 2024
Categorised as Finance News

Jim Simons, billionaire quantitative investing pioneer who generated eye-popping returns, dies at 86

Jim Simons, a legendary mathematician who founded the most successful quantitative hedge fund Renaissance Technologies, passed away on Friday.

Published 10 May 2024
Categorised as Finance News

Stocks making the biggest moves midday: Novavax, Taiwan Semiconductor, Sweetgreen and more

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

Published 10 May 2024
Categorised as Finance News

Behind America’s divided economy: Booming luxury travel and a jump in ‘relief’ loans

Consumers are acting vastly different depending on income level.

Published 10 May 2024
Categorised as Finance News

Sweetgreen shares soar 35% after company beats revenue expectations

Shares of the salad chain surged 35% Friday after the company beat Wall Street’s forecast for first-quarter results.

Published 10 May 2024
Categorised as Finance News

Consumer sentiment tumbles as inflation fears surge, closely watched survey shows

The University of Michigan Survey of Consumers posted a reading of 67.4 for May, down from 77.2 in April.

Published 10 May 2024
Categorised as Finance News

Stocks making the biggest moves premarket: Yelp, Sweetgreen, Novavax, Akamai Technologies and more

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

Published 10 May 2024
Categorised as Finance News

Traders reassess Bank of England rate cuts as UK grows at fastest rate in nearly 3 years

A slew of commentary from the Bank of England and a better-than-expected economic growth number have left traders and investors scrambling to refine their bets.

Published 10 May 2024
Categorised as Finance News

An art market full of cracks is about to face a $1 billion test

While the spring sales typically have more than a dozen works offered for more than $30 million each, this year there are just a few.

Published 10 May 2024
Categorised as Finance News

$1 billion test for the art market: Here’s what to know

CNBC’s Robert Frank joins ‘Squawk Box’ with the latest news from the art market.

Published 10 May 2024
Categorised as Finance News

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