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Financial News Around the World

Chinese consumer stocks to buy even if the overall market rally fades

Almost as quickly as the China stock rally happened, several investment analysts have been swift to point out its weaknesses.

Published 12 May 2024
Categorised as Finance News

This inflation-focused ETF may be in a sweet spot

Horizon Kinetics’ James Davolos thinks his firm’s inflation-focused ETF is “ideally positioned” for gains this year.

Published 11 May 2024
Categorised as Finance News

Bronze bust honoring the late Charlie Munger wowed crowd in Omaha at Berkshire meeting

It took a total of 12 months and a number of iterations for Yu Shu to finish the final version of the Munger bust.

Published 11 May 2024
Categorised as Finance News

The rule capping credit card late fees at $8 is on hold — here’s what it means for you

The outcome preserves, at least for now, a key revenue stream for the U.S. card industry. The CFPB said the rule would’ve saved Americans $10 billion a year.

Published 10 May 2024
Categorised as Finance News

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

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