Finance/Venture

Recent US Inflation Report Boosts Tech Stocks, With Semiconductor Shares Rebounding

Wall Street rebounded strongly on Friday, led by a 1.63% surge in the Dow Jones, after moderate inflation data boosted hopes for an early Federal Reserve interest rate cut.


Big European Banks to Report Q2 Earnings This Week

The largest banks in Europe, such as Santander, BNP Paribas, and Deutsche Bank, are set to report their earnings for the second quarter of 2024 this week following the announcement from the European C..

Asian Share Markets Likely to Falter Following Biden's Withdrawal from White House Race

Share markets across Asia are expected to stay in the red after last week’s tech bloodbath, as well as the shock announcement of US President Joe Biden bowing out of the presidential race in November...

HSBC Promotes CFO Georges Elhedery to CEO

HSBC announced that Georges Elhedery, its chief financial officer, will become the firm’s next CEO effective Sept. 2...


Latest News

Donald Trump Urges His Followers to Support Truth Social as Its Parent Company’s Stock Continues to Dive
Former President Donald Trump is asking his followers to support his social media platform, Truth Social, as the stock price of its parent company, Trump Media & Technology Group, continues to fall fu
Marjorie Taylor Greene Remains Mum on Details Surrounding Her Trump Media Stock Investment
Georgia Representative Marjorie Taylor Greene has remained mum on details surrounding her investment in Digital World Acquisition Corporation (DWAC), the blank check company that recently merged with
AI Could Replace Wall Street Analysts! Who are Affected?
AI bots could soon replace Wall Street analysts. Sources within major banks revealed the details.
US Treasury Warns Creditors Against Exploiting Aid to Developing Nations
The US Treasury Department has cautioned emerging official creditors against curtailing loans to nations already engaged in programs with the International Monetary Fund (IMF) or multilateral developm
Goldman Sachs Appoints Head of Strategy and Investor Relations Carey Halio as Global Treasurer
Goldman Sachs has appointed Carey Halio, the head of strategy and investor relations, as its new global treasurer.
China to Remain the World's Top Engine for Global Economic Growth, ADB Says
Even if China's economy slows down, the Asian Development Bank (ADB) said it will still be the largest growth engine for the world economy.
Switzerland Creates 'Too Big to Fail' Rules to Make Banks Safer Following Credit Suisse Collapse
Switzerland presented proposals for UBS, along with three other systemically relevant banks, to protect the country from a recurrence of the Credit Suisse collapse experienced last year.
Majority of Americans Now Living Paycheck to Paycheck, Survey Reveals
A survey by CNBC and SurveyMonkey reveals that 65% of Americans live paycheck to paycheck. Their top concerns are inflation, lack of savings, and debt.
Australian Bank Macquarie Criticized For Lending Money to Britain's Biggest Water Firm, Thames Water
Australian investment bank Macquarie, criticized for its role in loading Thames Water with debt during its ownership from 2006 to 2017, is reportedly among the lenders to Thames Water's troubled paren
Donald Trump's Truth Social Stock Continues to Rapidly Fall, Wiping Out Billions of Dollars in Value
Shares of Trump Media & Technology Group, the social media company that former President Donald Trump recently took public, continue to rapidly fall.
Real Time Analytics