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Financial News Around the World

Family offices are about to surpass hedge funds, with $5.4 trillion in assets by 2030

The number of single-family offices is expected to rise from 8,000 to 10,720 by 2030, according to Deloitte Private.

Published 5 September 2024
Categorised as Finance News

August private payrolls rose by 99,000, smallest gain since 2021 and far below estimates, ADP says

The total was less than the downwardly revised 111,000 in July and below the Dow Jones consensus forecast for 140,000.

Published 5 September 2024
Categorised as Finance News

Stocks making the biggest moves premarket: C3.ai, Tesla, JetBlue and more

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

Published 5 September 2024
Categorised as Finance News

Layoffs jump in August while hiring in 2024 is at a historic low, Challenger report shows

Announced job cuts totaled 75,891 for the month, lurching 193% higher than July.

Published 5 September 2024
Categorised as Finance News

Harris unveils plan for 28% capital gains tax, softening Biden’s proposal

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

Published 5 September 2024
Categorised as Finance News

Visa debuts a new product designed to protect consumers making bank transfers

Visa said it plans to launch a dedicated service for bank transfers, skipping credit cards and the traditional direct debit process.

Published 5 September 2024
Categorised as Finance News

Cramer names the No. 1 underappreciated megacap to buy in the recent tech stock sell-off

Microsoft’s gen AI prospects are impressive, but the stock has more to offer investors than just the new tech.

Published 4 September 2024
Categorised as Finance News

British luxury icon Burberry dropped from U.K.’s FTSE 100 stock market index

British luxury fashion house Burberry Group dropped out of the U.K.’s FTSE 100 amid mounting pressure on the 168-year-old retailer.

Published 4 September 2024
Categorised as Finance News

Stocks making the biggest moves midday: Dollar Tree, GitLab, Zscaler and more

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

Published 4 September 2024
Categorised as Finance News

Bond market ‘yield curve’ returns to normal from inverted state that had raised recession fears

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Published 4 September 2024
Categorised as Finance News

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