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Financial News Around the World

Powell says Fed has made ‘quite a bit of progress’ on inflation but needs more confidence before cutting

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Published 2 July 2024
Categorised as Finance News

What Taylor Swift’s The Eras Tour says about ‘passion tourism’

Traveling abroad for a Taylor Swift concert is perhaps the most prominent example of taking a trip motivated by personal interest, hobby or a cultural event.

Published 2 July 2024
Categorised as Finance News

Watch Fed Chair Powell, ECB’s Lagarde speak live at central bank policy forum

Federal Reserve Chairman Jerome Powell joins a panel including his global counterparts Tuesday at a European Central Bank forum.

Published 2 July 2024
Categorised as Finance News

Stocks making the biggest moves premarket: Tesla, CrowdStrike, Paramount Global, Atlassian and more

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

Published 2 July 2024
Categorised as Finance News

Euro zone inflation eases to 2.5% as core print misses estimate

Economists polled by Reuters expected the headline rate to come in at 2.5%.

Published 2 July 2024
Categorised as Finance News

Manhattan is now a ‘buyer’s market’ as real estate prices fall and inventory rises

The average real estate sales price in Manhattan fell 3% to just more than $2 million, according to a report from Douglas Elliman and Miller Samuel.

Published 2 July 2024
Categorised as Finance News

Revolut CEO confident on UK bank license approval as fintech firm hits record $545 million profit

Revolut’s CEO Nikolay Storonsky said he is optimistic about the fintech firm’s chances of being granted a U.K. banking license.

Published 1 July 2024
Categorised as Finance News

Citadel’s Ken Griffin says he’s not convinced that AI will replace human jobs in the near future

Griffin, whose firm has been at the forefront of automation, said machine-learning tools have their limits when it comes to adapting to changes.

Published 1 July 2024
Categorised as Finance News

A new index is using AI tools to measure U.S. economic growth in a broader way

The Zeta Economic Index, launched Monday, uses generative artificial intelligence to analyze what its developers call “trillions of behavioral signals.”

Published 1 July 2024
Categorised as Finance News

Stocks making the biggest moves midday: Chewy, GameStop, Boeing, Norwegian Cruise Line and more

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

Published 1 July 2024
Categorised as Finance News

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