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Financial News Around the World

No sign of U.S. recession in freight demand, CEO of shipping giant Maersk says

U.S. inventories “are not at a level that is worrisome or that seems to indicate a significant slowdown right in the offing.”

Published 7 August 2024
Categorised as Finance News

Stocks making the biggest moves premarket: Disney, Airbnb, Rivian, Amgen and more

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

Published 7 August 2024
Categorised as Finance News

Sahm rule creator doesn’t think that the Fed needs an emergency rate cut

She said, however, there is a good case for a 50-basis-point cut, adding that the Fed needs to “back off” its restrictive monetary policy.

Published 7 August 2024
Categorised as Finance News

Consumer giants from Starbucks to General Mills have one big sales problem: China

A theme emerging in the latest slew of U.S. companies’ earnings reports is a drag from the China market.

Published 6 August 2024
Categorised as Finance News

The case for buying bonds right now

Investors may want to consider fixed income to help navigate the market’s recent volatility.

Published 6 August 2024
Categorised as Finance News

Stocks making the biggest moves after hours: Airbnb, Super Micro Computer, Tripadvisor, Wynn Resorts and more

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

Published 6 August 2024
Categorised as Finance News

Markets are counting on the Fed to head off recession with sizeable interest rate cuts

How Chair Jerome Powell and his cohorts react likely will go a long way in determining how investors negotiate a turbulent climate.

Published 6 August 2024
Categorised as Finance News

Stocks making the biggest moves midday: Kenvue, Caterpillar, Uber, CrowdStrike and more

These are the stocks posting the largest moves midday.

Published 6 August 2024
Categorised as Finance News

Stocks making the biggest moves premarket: Palantir, Caterpillar, Yum China, CrowdStrike and more

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

Published 6 August 2024
Categorised as Finance News

India’s ultra-wealthy club is booming — here’s where the country’s rich are investing

India is expected to see the fastest growth in ultra high net worth individuals globally over the next few years, a Knight Frank report forecasts.

Published 6 August 2024
Categorised as Finance News

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