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Financial News Around the World

Jobless rate for Black Americans declines to 5.2% to end 2023 on a positive note

Black Americans, the group with the highest jobless percentage in the country, saw their jobless rate dip to 5.2% in December from 5.8% in the previous month.

Published 5 January 2024
Categorised as Finance News

Stocks making the biggest moves premarket: Palantir, Costco, Peloton and more

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

Published 5 January 2024
Categorised as Finance News

U.S. payrolls increased by 216,000 in December, much better than expected

Nonfarm payrolls were expected to increase by 170,000 in December, according to a Dow Jones consensus estimate.

Published 5 January 2024
Categorised as Finance News

Crypto firms introduce risk assessments and finance tests in response to strict new rules in UK

New rules in the U.K. require crypto companies to make clear to users the risks involved in trading cryptocurrencies and advertise their services responsibly.

Published 5 January 2024
Categorised as Finance News

Adani Group founder Gautam Adani is once again Asia’s richest person 

Gautam Adani is the richest person in Asia again, according to Bloomberg Billionaires Index’s updated figures Friday. 

Published 5 January 2024
Categorised as Finance News

BYD’s five best-selling cars, including one edging out Tesla’s Model Y in China

While Tesla’s Model Y was the best-selling purely battery-powered car in China for the six months ending in November, BYD accounted for four of the top 10.

Published 4 January 2024
Categorised as Finance News

Friday’s jobs report will be a big signal for a market looking for good news

When the December jobs report hits Friday morning, markets will be looking for a number that hits a sweet spot.

Published 4 January 2024
Categorised as Finance News

State-run ‘auto-IRA’ programs aim to close retirement savings gap

Seven states are enrolling workers in so-called auto-IRA programs to address a gap in 401(k) coverage and savings. More are scheduled to come on line.

Published 4 January 2024
Categorised as Finance News

Stocks making the biggest moves midday: Apple, Walgreens, Mobileye, Eli Lilly and more

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

Published 4 January 2024
Categorised as Finance News

Cliff Asness’ AQR Absolute Return fund returns 18.5% in 2023, boosted by value picks

Cliff Asness’ longest running multistrategy fund at AQR Capital Management returned 18.5% last year, net of fees.

Published 4 January 2024
Categorised as Finance News

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