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Financial News Around the World

BlackRock is opening a Saudi investment firm with initial $5 billion from PIF

The new platform will be called BlackRock Riyadh Investment Management, or BRIM.

Published 1 May 2024
Categorised as Finance News

Private payrolls increased by 192,000 in April, more than expected for resilient labor market

Private payrolls increased at a faster than expected pace in April, indicating there are still plenty of tailwinds for the U.S. labor market.

Published 1 May 2024
Categorised as Finance News

Federal prosecutors are examining financial transactions at Block, owner of Cash App and Square

Internal documents indicate Block processed crypto transactions for terrorist groups and Square processed transactions involving nations subject to economic sanctions.

Published 1 May 2024
Categorised as Finance News

Stocks making the biggest moves premarket: Pfizer, CVS, Amazon, Starbucks and more

These are some of the stocks posting the largest moves in early hours trading.

Published 1 May 2024
Categorised as Finance News

NYCB shares jump after new CEO gives two-year plan for “clear path to profitability”

CEO Joseph Otting took over NYCB in April after an investor group led by former Treasury Secretary Steven Mnuchin injected more than $1 billion into the lender.

Published 1 May 2024
Categorised as Finance News

Bitcoin nosedives below $57,000 to two-month low ahead of U.S. Fed decision

Bitcoin dropped as low as $56,757.93, falling below $57,000 for the first time since Feb. 28, according to data from CoinGecko.

Published 1 May 2024
Categorised as Finance News

New Calamos ETF promises ‘100% downside protection.’ Here’s how it works

“There’s no tricks. There’s no magic. This is the secret sauce,” Calamos Investments’ Matt Kaufman said.

Published 30 April 2024
Categorised as Finance News

Stocks making the biggest moves after hours: Amazon, Starbucks, Pinterest, Advanced Micro Devices and more

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

Published 30 April 2024
Categorised as Finance News

Here’s everything to expect when the Fed wraps up its meeting Wednesday

Markets are anticipating a near-zero chance that the policy-setting arm of the central bank will announce any change to interest rates.

Published 30 April 2024
Categorised as Finance News

This is the level where the 10-year Treasury yield becomes a ‘clear problem’ for stocks, Goldman study shows

Goldman said that when the 10-year Treasury yield hits 5%, the correlation between bond yields and stocks turns negative.

Published 30 April 2024
Categorised as Finance News

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Recent Posts

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