Today: September 23, 2024
Today: September 23, 2024

Finance

Business|Finance

Wall Street investment banking bonuses may rise up to 35%, compensation specialist says

Investment bankers working on debt underwriting may see bonuses climb by 25% to 35% this year, and bankers handling initial public offerings could see a 20% to 30% jump in 2024,

Wall Street investment banking bonuses may rise up to 35%, compensation specialist says
Business|Finance|Stock Markets

Markets saw a massive shift this week. Here’s what happened

Markets saw a massive shift this week. Here’s what happened

Markets saw a massive shift this week. Here’s what happened
Economy|Finance|Stock Markets

US investors snap up money market funds on fears of a slowdown

U.S. investors shifted heavily into money market funds in the week ending Aug. 7, retreating from riskier assets during a stock market sell-off fueled by fears over an economic slowdown.

US investors snap up money market funds on fears of a slowdown
Economy|Europe|Finance

Italy retains appeal for super-rich new residents despite tax hike

Italy's doubling of a "flat" tax on the overseas income of wealthy new residents will curb its tax shelter appeal that risked becoming excessive,

Italy retains appeal for super-rich new residents despite tax hike
Business|Economy|Finance

China Evergrande's liquidators ask investors to join restructuring process

China Evergrande's liquidators have invited investors interested in restructuring the heavily indebted property developer or any of its parts, it said in a filing on Friday.

China Evergrande's liquidators ask investors to join restructuring process
Business|Economy|Finance|News

Trump says he ‘made a lot of money’ so he should have a say in when you get a rate cut

Trump says he ‘made a lot of money’ so he should have a say in when you get a rate cut

Trump says he ‘made a lot of money’ so he should have a say in when you get a rate cut
Asia|Business|Finance

Stocks extend gains after sell-off amid positive data, Fed's rate signals

The closely watched global equities index advanced on Friday, ending a volatile week unchanged after starting it with a massive sell-off, while

Stocks extend gains after sell-off amid positive data, Fed's rate signals
Business|Economy|Finance

Considering a mortgage refi? Lower rates are just one factor when refinancing a home loan

Mortgage rates haven’t been this attractive in more than a year, good news for homeowners eager to refinance

Considering a mortgage refi? Lower rates are just one factor when refinancing a home loan
Business|Finance

India's Mahindra seeks nod for $3 billion Shaanxi JV, sources say

Indian automaker Mahindra & Mahindra and China's Shaanxi Automobile Group have agreed to set up a $3 billion joint venture to build a car manufacturing

India's Mahindra seeks nod for $3 billion Shaanxi JV, sources say
Business|Economy|Finance|News

Rollercoaster week in US stocks leaves investors braced for bumps ahead

A week of wild market swings has investors looking ahead to inflation data, corporate earnings and presidential polls for signals that could soothe a recent

Rollercoaster week in US stocks leaves investors braced for bumps ahead
Business|Economy|Finance|News|Stock Markets

Ebbing jobs fear sees calmer market waters

A look at the day ahead in U.S. and global markets from Mike Dolan The first reality check on July's jarring U.S. employment report suggests rising recession fears were overstated, allowing stocks to

Ebbing jobs fear sees calmer market waters
Asia|Business|Finance

China auto sales fall in July, while exports jump about 20% as automakers expand across the globe

Auto sales in China faltered in July, falling 5% from a year earlier, although exports jumped about 20% from a year earlier as makers of electric vehicles expanded into global markets

China auto sales fall in July, while exports jump about 20% as automakers expand across the globe
Business|Economy|Finance|Stock Markets

Markets may be waving, not drowning :Mike Dolan

What looks like a financial market in disarray may instead just be normalization that will ultimately help insulate investment portfolios rather than sending them to

Markets may be waving, not drowning :Mike Dolan
Asia|Business|Economy|Finance|Stock Markets

Wall Street ends a wild and scary week almost exactly where it began. More tests loom next week

U.S. stocks closed a wild, whipsaw week for Wall Street with modest gains

Wall Street ends a wild and scary week almost exactly where it began. More tests loom next week
Americas|Economy|Finance

Analysts shocked as Mexico's central bank clocks rise in inflation and cuts interest rates

Analysts are expressing shock at a decision by Mexico’s central bank to cut interest rates on the same day that official figures showed a sharp rise in domestic inflation

Analysts shocked as Mexico's central bank clocks rise in inflation and cuts interest rates
Economy|Finance

Fed's Schmid says he's more confident inflation heading to 2% goal

Kansas City Federal Reserve Bank President Jeff Schmid, one of the U.S. central bank's more hawkish policymakers, said on Thursday that recent "encouraging" data gives him more confidence

Fed's Schmid says he's more confident inflation heading to 2% goal
Business|Entertainment|Finance

Paramount cuts 15% of US staff, writes down $6 billion in latest sign of TV troubles

Paramount cuts 15% of US staff, writes down $6 billion in latest sign of TV troubles

Paramount cuts 15% of US staff, writes down $6 billion in latest sign of TV troubles
Business|Finance|Health

Gilead quarterly profit beats Street estimates, revenue up 5%

Gilead Sciences on Thursday reported second-quarter profit that handily beat Wall Street estimates, driven by lower operating expenses and higher product sales, and the

Gilead quarterly profit beats Street estimates, revenue up 5%
Africa|Americas|Business|Crime|Economy|Finance|News

US jury convicts Mozambique’s ex-finance minister Manuel Chang in ‘tuna bonds’ corruption case

A U.S. jury has convicted former Mozambican Finance Minister Manuel Chang in a financial conspiracy case that welled up from from his country’s “tuna bond” scandal

US jury convicts Mozambique’s ex-finance minister Manuel Chang in ‘tuna bonds’ corruption case
Economy|Finance|Stock Markets

Dollar gains after US jobless claims fall more than expected

The dollar rose on Thursday after new U.S. labor market data showed that unemployment benefits fell more than expected last week, easing fears of an imminent

Dollar gains after US jobless claims fall more than expected
Africa|Economy|Finance

In deluge of protests, fuel subsidies prove hard to abolish

Like thousands of Nigerians and millions of others across the developing world, higher fuel costs have irked Antonia Arosanwo.

In deluge of protests, fuel subsidies prove hard to abolish
Business|Finance

Volatility hobbles options market bets on earnings-fueled US stocks swings

An options strategy that bets on individual stocks logging larger-than-expected moves after corporate results was winning big this earnings season but is

Volatility hobbles options market bets on earnings-fueled US stocks swings
Business|Economy|Finance|News

Average rate on a 30-year mortgage falls to 6.47%, lowest level in more than a year

The average rate on a 30-year mortgage fell this week to its lowest level in more than a year

Average rate on a 30-year mortgage falls to 6.47%, lowest level in more than a year
Economy|Finance

Mortgage rates plunge to lowest level in more than a year

Mortgage rates plunge to lowest level in more than a year

Mortgage rates plunge to lowest level in more than a year
Business|Finance|News

Crypto exchange FTX ordered to pay $12.7 billion to customers, US CFTC says

A U.S. court has ordered bankrupt cryptocurrency exchange FTX to pay $12.7 billion in relief to its customers, the Commodity Futures Trading Commission said on Thursday.

Crypto exchange FTX ordered to pay $12.7 billion to customers, US CFTC says

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