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Financial News Around the World

Women are set to inherit trillions of dollars in the great ‘horizontal wealth transfer’

There are over 43 million people in the Americas over the age of 75, with over $50 trillion in combined transferrable wealth.

Published 12 July 2024
Categorised as Finance News

Wholesale prices rose 0.2% in June, slightly hotter than expected

The PPI is a gauge of prices that producers can get for their goods and services in the open market.

Published 12 July 2024
Categorised as Finance News

Citigroup earnings are out – Here are the numbers

Citigroup this week was rebuked for failing to address regulatory shortfalls, so analysts will be keen to ask CEO Jane Fraser about her long-running efforts.

Published 12 July 2024
Categorised as Finance News

Inside a $60 million beachfront mansion with subterranean secrets and Italian flair

The owner of the Mar Pietra beachfront mansion in Delray Beach, Florida, is looking to shatter a local price record with an asking price of $60 million.

Published 12 July 2024
Categorised as Finance News

Wells Fargo shares tumble after net interest income falls short of estimates

The San Francisco-based bank recorded $11.92 billion in net interest income, a key measure of what a bank makes on lending, marking a 9% year-over-year decline.

Published 12 July 2024
Categorised as Finance News

Stocks making the biggest premarket moves: Wells Fargo, JPMorgan, Tesla, Carvana and more

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

Published 12 July 2024
Categorised as Finance News

JPMorgan’s Jamie Dimon warns inflation and interest rates may stay higher

JPMorgan Chase CEO Jamie Dimon on Friday issued another warning about inflation despite recent signs of easing in price pressures.

Published 12 July 2024
Categorised as Finance News

‘Why would you tinker with it if it’s not broken?’: Economist on why the Fed may not cut rates in September

There are risks to easing monetary policy that cast a cloud over the rate cut outlook, High Frequency Economics’ Carl Weinberg told CNBC.

Published 12 July 2024
Categorised as Finance News

Ambani’s wedding kicks off in India this weekend. Here’s who will be at the star-studded event

Mukesh Ambani’s youngest son is set to tie the knot this weekend after months-long wedding celebrations. Here’s what you need to know.

Published 12 July 2024
Categorised as Finance News

China’s imports unexpectedly drop in June, but exports beat forecasts

China’s imports fell in June, missing expectations for slight growth, while exports grew more than expected, customs data released Friday showed.

Published 12 July 2024
Categorised as Finance News

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