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Financial News Around the World

Euro zone inflation rises to 2.6% in May, but bloc still seen heading for interest rate cut

The European Central Bank is widely expected to cut interest rates next week.

Published 31 May 2024
Categorised as Finance News

France is aiming to become a global AI superpower — but not without help from U.S. Big Tech

The Viva Technology conference in Paris last week was buzzing with talk about how far France has come as a leader in artificial intelligence.

Published 31 May 2024
Categorised as Finance News

Stocks making the biggest moves after hours: Dell Technologies, MongoDB, Zscaler, Gap and more

These are the stocks posting the largest moves in after-hours trading.

Published 30 May 2024
Categorised as Finance News

Bank of America CEO says U.S. consumers and businesses have turned cautious on spending

Consumers and businesses are wrestling with inflation and borrowing costs that remain higher than they are accustomed to.

Published 30 May 2024
Categorised as Finance News

Fed’s favorite inflation gauge is expected to show very slow progress on Friday

The Commerce Department’s measure of personal consumption expenditures prices is expected to show inflation in April running at a 2.7% annual rate.

Published 30 May 2024
Categorised as Finance News

Stocks making the biggest moves midday: Salesforce, Kohl’s, HP, Best Buy and more

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

Published 30 May 2024
Categorised as Finance News

Fed’s Williams says inflation is too high but will start coming down soon

With markets on edge over the direction of monetary policy, Williams offered no clear signs on where he is leaning as far as possible interest rate cuts go.

Published 30 May 2024
Categorised as Finance News

Your guide to Wall Street analyst research and how to use it like the investing pros

Analysts evaluate companies and issue recommendations to help investors – mostly institutions – make informed decisions.

Published 30 May 2024
Categorised as Finance News

Hiring stays strong for low earners, Vanguard finds

Labor demand for lower earners has been resilient while it has waned for higher-paying jobs, according to a new analysis.

Published 30 May 2024
Categorised as Finance News

37% of Americans paid a late fee in the last 12 months, report finds

More than one-third of Americans have recently fallen behind on a bill, including credit cards, utilities or rent, according to NerdWallet. Here’s what to do.

Published 30 May 2024
Categorised as Finance News

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