Global debt grew by $8.3 trillion in the first quarter of 2023 to a near-record high of $305 trillion.
Schlagwort-Archiv: CNBC
Stocks making the biggest moves after hours: Take-Two Interactive, Cisco Systems and more
These are the stocks posting the largest moves in extended trading.
Bath and Body Works‘ stock surges after it raises guidance, beats on earnings
Bath and Body Works saw year-over-year declines in sales and profits in its fiscal first quarter but its stock surged after it raised its guidance for the year.
Alibaba plans to list cloud division as quarterly revenue misses expectations
Alibaba announced plans to spin off its cloud division as a separate, publicly-traded company. The e-commerce titan’s quarterly revenues missed expectations.
Walmart raises full-year guidance, as earnings beat on boost from grocery and online businesses
The discounter’s report comes after Home Depot and Target posted weaker sales trends.
IRS flagged more than 1 million tax returns for identity fraud in 2023
Identity thieves try to file fraudulent tax returns to claim refunds. There are steps taxpayers can take to protect themselves.
Tether buys $222 million worth of bitcoin to back its USDT stablecoin
Tether said it would invest 15% of its net profit into bitcoin to „diversify“ the reserves that back its USDT token.
Cryptos have no intrinsic value and trading in them should be regulated like gambling, UK lawmakers say
A U.K. Parliament committee said it was concerned by government proposals to regulate consumer trading of crypto as a financial service.
Stocks making the biggest premarket moves: Western Alliance, TJX, Wynn, Tesla & more
These are the stocks posting the largest moves in the premarket.
Crypto firm Ripple buys Swiss startup as SEC crackdown forces companies to consider overseas moves
Blockchain firm Ripple acquired Metaco, a Swiss crypto custody services firm, the company announced Wednesday.