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Financial News Around the World

Bank of America: Luxury consumer is ‘all tapped out’

CNBC’s Robert Frank reports on news from luxury shoppers.

Published 23 September 2024
Categorised as Finance News

Value investor Bill Nygren looking outside of crowded megacap tech, adds cheap financial stock

Bill Nygren, portfolio manager at Oakmark Funds for 40 years, said he’s picking cheap stocks outside the dominant tech sector.

Published 23 September 2024
Categorised as Finance News

Minneapolis Fed President Kashkari sees a slower pace of rate cuts ahead

Kashkari said Monday that he expects to dial down the pace of interest rate reductions after the central bank eased policy by a half percentage point last week.

Published 23 September 2024
Categorised as Finance News

Stocks making the biggest moves premarket: Intel, Pinterest, Palantir and more

These are some of the stocks posting the largest moves in premarket trading Monday.

Published 23 September 2024
Categorised as Finance News

Britain’s finance minister calls for spending discipline but no return to austerity

U.K. Finance Minister Rachel Reeves vowed on Monday that Britain will not return to austerity, saying her budget proposals will look to rebuild the country.

Published 23 September 2024
Categorised as Finance News

China stimulus calls are growing louder — inside and outside the country

The world’s second-largest economy has remained under pressure from a real estate slump and tepid consumer confidence.

Published 23 September 2024
Categorised as Finance News

This Chinese stock has a big U.S. buyer in consumer tech aimed at the smart glasses market

As the fall consumer tech product season gets underway, smart glasses, many with components made in China, are emerging as an up-and-coming category.

Published 22 September 2024
Categorised as Finance News

Billionaires poured millions of dollars into presidential super PACs in August

The latest documents filed with the Federal Election Commission show that investment bankers were some of the biggest GOP donors while tech entrepreneurs donated heavily to Democrats.

Published 21 September 2024
Categorised as Finance News

Why this top fund manager says the best investment this year is ‘the hedge against political cycles’

The CEO of VanEck breaks down two of this year’s red-hot trades.

Published 21 September 2024
Categorised as Finance News

401(k) savers can access one of the ‘rare guarantees’ in investing, CFP says

Financial advisors often tout a 401(k) match as free money.

Published 20 September 2024
Categorised as Finance News

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