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Financial News Around the World

German central bank losses soar, wiping out risk provisions

Net interest income was negative for the first time in its 57-year history, declining by 17.9 billion euros year-on-year.

Published 23 February 2024
Categorised as Finance News

Germany’s housebuilding sector is in a ‘confidence crisis’ as the economy struggles

Germany’s housebuilding sector has gone from bad to worse in recent months as it is in a “confidence crisis,” one CEO says.

Published 23 February 2024
Categorised as Finance News

A ‘family vacation’ for two: Why more parents are taking trips with one child at a time

A trip for two grants uninterrupted time and special memories for parents and children — for those who are bold enough to try it.

Published 23 February 2024
Categorised as Finance News

Fed’s Waller wants more evidence inflation is cooling before cutting interest rates

The central bank official said higher than expected inflation readings raised questions on where prices are heading and how the Fed should respond.

Published 23 February 2024
Categorised as Finance News

Block shares surge as much as 14% after company announces surprise profit

There was particularly strong growth in Block’s payment platform, Cash App, and its point-of-sale suite, Square.

Published 22 February 2024
Categorised as Finance News

Stocks making the biggest moves after hours: Block, Carvana, Booking Holdings and more

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

Published 22 February 2024
Categorised as Finance News

Capital One’s acquisition has $1.4 billion breakup fee if rival bid emerges, but none if regulators kill deal

Capitol One agreed to purchase rival credit card player Discover for $35.3 billion.

Published 22 February 2024
Categorised as Finance News

Stocks making the biggest moves midday: Nvidia, Rivian, Moderna, Novavax and more

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

Published 22 February 2024
Categorised as Finance News

Mark Cuban got the idea for a $5.7 billion business in a California Pizza Kitchen

Mark Cuban and Todd Wagner came up with an idea to stream basketball games on the internet over lunch in 1995. Four years later, they sold it for $5.7 billion.

Published 22 February 2024
Categorised as Finance News

IRS Commissioner Werfel: Millionaires and billionaires evade more than $150 billion a year in taxes

CNBC’s Robert Frank reports on a recent crackdown from the IRS.

Published 22 February 2024
Categorised as Finance News

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