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Financial News Around the World

Norfolk Southern agrees to $310 million federal settlement over Ohio train derailment

The company will pay a $15 million fine for alleged violations of the Clean Water Act as part of the federal settlement.

Published 23 May 2024
Categorised as Finance News

Stocks making the biggest moves midday: Nvidia, Boeing, Live Nation Entertainment and more

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

Published 23 May 2024
Categorised as Finance News

Nvidia shares pop 10% to record high after forecast signals unwavering demand for AI chips

Nvidia shares jumped Thursday to record highs after the company topped Wall Street estimates for the fiscal first quarter.

Published 23 May 2024
Categorised as Finance News

Auto insurance rates are jumping the most since the 1970s, but there could be relief soon

Soaring auto insurance costs have been a principle driver behind inflation over the past year, but there could be relief on the way.

Published 23 May 2024
Categorised as Finance News

Palm Beach housekeepers are making $150,000 a year due to massive demand from the wealthy

The mass wealth migration to Florida from New York and other high-tax states has created record demand for household staff in elite Florida enclaves.

Published 23 May 2024
Categorised as Finance News

Stocks making the biggest moves before the bell: Nvidia, Live Nation, Snowflake and more

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

Published 23 May 2024
Categorised as Finance News

JPMorgan CEO Jamie Dimon says U.S. could see a ‘hard landing,’ stagflation will be ‘worst outcome’

Dimon said the worst outcome for the U.S. economy will be a “stagflation” scenario, where inflation continues to rise, but growth slows amid high unemployment.

Published 23 May 2024
Categorised as Finance News

This ETF aims to capture China’s own ‘Magnificent Seven’

Roundhill Investments’ Lucky Eight ETF aims to track China’s most innovative names in tech.

Published 22 May 2024
Categorised as Finance News

Stocks making the biggest moves after hours: Nvidia, Snowflake, VF Corp. and more

See which stocks are posting big moves after the bell.

Published 22 May 2024
Categorised as Finance News

Wealth Tax and the Next Great Migration

As over a dozen states consider tax hikes on the wealthy, the debate over what happens when the ultra-wealthy decamp for more tax-friendly parts of the country is reaching a crescendo. CNBC Wealth Reporter Robert Frank speaks with Tax Foundation’s Jared Walczak about the “millionaire tax flight” and Bess Freedman, CEO of Brown Harris Stevens… Continue reading Wealth Tax and the Next Great Migration

Published 22 May 2024
Categorised as Finance News

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