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Financial News Around the World

Tim Draper predicts bitcoin will reach $250,000 next year despite FTX collapse: ‘The dam is about to break’

Venture capitalist Tim Draper thinks bitcoin will hit $250,000 a coin by the middle of 2023.

Published 5 December 2022
Categorised as Finance News

Don’t want to travel? New data shows you’re not alone

Travel companies say pent-up demand isn’t slowing down, but several new reports suggest otherwise, reports CNBC’s Monica Pitrelli on “Squawk Box Asia.”

Published 5 December 2022
Categorised as Finance News

This tax strategy may offset losses – but investors need to act now or be in for a ‘nasty surprise’

BNY Mellon’s Ben Slavin believes it’s a key time to sell losing investments in order to cut down on capital gains. And, he says ETFs can help.

Published 4 December 2022
Categorised as Finance News

The Fed’s path to a ‘Goldilocks’ economy just got a little more complicated

As far as jobs reports go, November’s wasn’t exactly what the Federal Reserve was looking for.

Published 2 December 2022
Categorised as Finance News

‘A lot of people are going to see less money in their pocket.’ Here are must-know tax changes for 2022

There are significant changes for the 2022 tax season. Here’s what taxpayers need to know.

Published 2 December 2022
Categorised as Finance News

Goldman Sachs warns traders of shrinking bonus pool as Wall Street hunkers down

Wall Street is grappling with sharp declines in revenue after parts of the industry involved in taking companies public and issuing stocks and bonds seized up.

Published 2 December 2022
Categorised as Finance News

November unemployment fell for Hispanic workers and Black women, while holding steady overall

The U.S. unemployment rate remained unchanged at 3.7% in November.

Published 2 December 2022
Categorised as Finance News

Stocks making the biggest moves midday: Zscaler, Marvell Technology, DoorDash and more

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

Published 2 December 2022
Categorised as Finance News

Biden’s student debt forgiveness waits on Supreme Court—here’s when borrowers may have to start paying again

The Supreme Court will hear arguments in 2023 about whether President Joe Biden’s student debt forgiveness can proceed. For now, the program remains paused.

Published 2 December 2022
Categorised as Finance News

Here’s where the jobs are for November 2022 — in one chart

Service sector categories showed strong growth in November, while other areas lost jobs.

Published 2 December 2022
Categorised as Finance News

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