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Financial News Around the World

Fed’s Raphael Bostic expects rate cuts to happen in the third quarter

The Atlanta Fed president said a “golden path” economic scenario is getting closer than many Fed officials had expected.

Published 18 January 2024
Categorised as Finance News

New Morgan Stanley CEO is ‘super bullish’ on hitting financial targets

The pivot to wealth management boosted Morgan Stanley’s valuation beyond rivals including Goldman Sachs, but more recently growth concerns have stymied shares.

Published 18 January 2024
Categorised as Finance News

Weekly jobless claims post lowest reading since September 2022

Initial filings for unemployment insurance totaled 187,000 for the week ended Jan. 13.

Published 18 January 2024
Categorised as Finance News

Government shutdown could disrupt upcoming tax season, IRS commissioner says

A government shutdown could disrupt the upcoming tax season, according to IRS Commissioner Danny Werfel. Here’s what filers need to know.

Published 18 January 2024
Categorised as Finance News

Stocks making the biggest moves premarket: Discover Financial Services, Spirit Airlines, Humana, Hertz and more

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

Published 18 January 2024
Categorised as Finance News

Deutsche Bank CEO says acquisitions not a ‘priority’ as Commerzbank rumors swirl

Deutsche Bank CEO Christian Sewing said that merger and acquisition activity is not a priority, as speculation resurfaces over the future of rival Commerzbank.

Published 18 January 2024
Categorised as Finance News

Watches of Switzerland shares plunge 30% after guidance cut

Watches of Switzerland shares plummeted on Thursday morning after the luxury watch retailer cut its guidance for fiscal 2024.

Published 18 January 2024
Categorised as Finance News

Barclays CEO says difference in Labour and Conservative economic policy is ‘fairly minimal’

The difference between the Conservatives and Labour on economic policy is “fairly minimal,” Barclays CEO C.S. Venkatakrishnan said Thursday.

Published 18 January 2024
Categorised as Finance News

Stocks making the biggest moves after hours: Discover, Alcoa, Talos Energy and more

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

Published 17 January 2024
Categorised as Finance News

Jamie Dimon praises Trump, warns MAGA criticism could hurt Biden

Jamie Dimon admonished Democrats to be “more respectful” toward Donald Trump’s “MAGA” supporters, or else risk hurting President Joe Biden’s reelection bid.

Published 17 January 2024
Categorised as Finance News

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