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Financial News Around the World

Fed needs to cut rates at least five times next year, portfolio manager says

The Federal Reserve needs to cut interest rates at least five times next year to avoid tipping the economy into a recession, according to a portfolio manager.

Published 5 December 2023
Categorised as Finance News

Stocks making the biggest moves midday: Spotify, Virgin Galactic, Lululemon and more

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

Published 4 December 2023
Categorised as Finance News

Manchester United set to confirm 25% stake sale to petrochemicals billionaire Ratcliffe: Report

Manchester United will next week announce that U.K. petrochemicals billionaire Jim Ratcliffe will take a 25% stake in the soccer club, Sky News said Monday.

Published 4 December 2023
Categorised as Finance News

Virgin Galactic shares plunge after Branson rules out further investment

Virgin Galactic shares plunged more than 17% after British billionaire Richard Branson ruled out further investment in the company.

Published 4 December 2023
Categorised as Finance News

Here’s where to invest your cash to save on taxes in 2024

If you’re worried about higher taxes on high-yield savings or money market mutual funds, here are some options to consider for cash in 2024, experts say.

Published 4 December 2023
Categorised as Finance News

Stocks making the biggest moves premarket: Uber, Coinbase, Spotify, Alaska Air and more

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

Published 4 December 2023
Categorised as Finance News

China’s version of Spotify is ‘underappreciated,’ Morgan Stanley says

“The music industry has been the fastest growing entertainment segment in China with 140% revenue growth between 2019 and 2023,” Morgan Stanley estimates.

Published 3 December 2023
Categorised as Finance News

‘The Psychology of Money’ author Morgan Housel gives advice to investors afraid of market downturns

Financial writer Morgan Housel, author of the new book “Same as Ever,” discussed the importance of “realizing the inevitable.”

Published 3 December 2023
Categorised as Finance News

This habit helped Bill Gates change careers after retiring from Microsoft—despite being ‘very monomaniacal’ at the time

The simple habit of reading helped billionaire Microsoft co-founder Bill Gates transition from tech and business to philanthropy, he says. Here’s how.

Published 3 December 2023
Categorised as Finance News

At 99, billionaire Charlie Munger shared his No. 1 tip for living a long, happy life: ‘Avoid crazy at all costs’

In one of his final interviews, billionaire Charlie Munger discussed his secrets to longevity, success and happiness. Here’s his best advice.

Published 3 December 2023
Categorised as Finance News

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