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Credit Suisse intervention avoided ‘financial crisis,’ Swiss National Bank chairman says

Swiss National Bank Chairman Thomas Jordan said the central bank’s interventions during the fall of Credit Suisse were “crucial” to avoid a “financial crisis.”

Published 1 November 2023
Categorised as Finance News

Private sector payrolls rose 113,000 in October, less than expected, ADP says

ADP reported that companies added 113,000 workers for the month, higher than the 89,000 in September but below the estimate of 130,000.

Published 1 November 2023
Categorised as Finance News

Stocks making the biggest moves premarket: AMD, WeWork, Wayfair, Humana and more

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

Published 1 November 2023
Categorised as Finance News

Stanley Druckenmiller says government needs to stop spending like ‘drunken sailors,’ cut entitlements

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Published 1 November 2023
Categorised as Finance News

Bank of America says be wary of a soft holiday shopping season, gives its top picks

A number of value retailers and specialty stores could still benefit this holiday season after a slow start to winter shopping, according to Bank of America.

Published 1 November 2023
Categorised as Finance News

Aston Martin shares plunge 20% after volume target cut

Aston Martin shares plunged more than 16% on Wednesday morning after the British luxury carmaker cut its volume target due to production problems.

Published 1 November 2023
Categorised as Finance News

Is FOSO the new FOMO? How the ‘fear of switching off’ could affect your vacations

Loosely similar to FOMO, the nagging feeling which keeps people tethered to their devices has been coined the ‘Fear of Switching Off’ (FOSO).

Published 1 November 2023
Categorised as Finance News

Here’s everything to expect from the Fed’s policy announcement Wednesday

The Fed meeting will conclude with the central bank not doing a whole lot of anything — just the way the market wants things for now.

Published 31 October 2023
Categorised as Finance News

Stocks making the biggest moves after hours: Paycom, AMD, Yum China and more

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

Published 31 October 2023
Categorised as Finance News

Caterpillar falls after sharing Q4 revenue outlook. What the pros say to do next

Pros on CNBC discussed Caterpillar after the company reported third-quarter results that beat expectations but forecasted ‘slightly higher’ Q4 revenue.

Published 31 October 2023
Categorised as Finance News

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