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Financial News Around the World

China reports second-quarter GDP growth of 4.7%, missing expectations

The National Bureau of Statistics did not hold a press conference for the data release. China’s high-level policy meeting, the Third Plenum, kicks off Monday.

Published 15 July 2024
Categorised as Finance News

China’s biggest policy meeting in six years kicks off this week. How investors can play it

“We expect the upcoming Third Plenum to focus on several areas that are crucial to China’s long-term economic path,” Bank of America economists said.

Published 14 July 2024
Categorised as Finance News

The housing market, explained in 6 charts

This data helps show why the housing market feels so different than it did just a few years ago.

Published 13 July 2024
Categorised as Finance News

With high prices and mortgage rates, aspiring and current homeowners feel ‘stuck’

Affordability has plummeted since the early days of the pandemic, data shows.

Published 13 July 2024
Categorised as Finance News

Here’s the deflation breakdown for June 2024 — in one chart

Prices have fallen for physical goods, gasoline, airfare and some grocery items like apples since June 2023, according to the consumer price index.

Published 12 July 2024
Categorised as Finance News

Stocks making the biggest moves midday: Wells Fargo, JPMorgan, AT&T, Carvana and more

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

Published 12 July 2024
Categorised as Finance News

Women are set to inherit trillions of dollars in the great ‘horizontal wealth transfer’

There are over 43 million people in the Americas over the age of 75, with over $50 trillion in combined transferrable wealth.

Published 12 July 2024
Categorised as Finance News

Women are set to inherit trillions of dollars in the great ‘horizontal wealth transfer’

There are over 43 million people in the Americas over the age of 75, with over $50 trillion in combined transferrable wealth.

Published 12 July 2024
Categorised as Finance News

Wholesale prices rose 0.2% in June, slightly hotter than expected

The PPI is a gauge of prices that producers can get for their goods and services in the open market.

Published 12 July 2024
Categorised as Finance News

Citigroup earnings are out – Here are the numbers

Citigroup this week was rebuked for failing to address regulatory shortfalls, so analysts will be keen to ask CEO Jane Fraser about her long-running efforts.

Published 12 July 2024
Categorised as Finance News

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