European Central Bank Chief Economist Philip Lane on Tuesday warned markets against pricing in cuts to interest rates within the next two years.
Schlagwort-Archiv: Markets
Term life insurance is often best, financial advisors say — but most people buy another kind
There are two broad categories of life insurance: term and permanent. Most people buy the latter, data shows, which doesn’t jibe with advisors‘ suggestion.
Wise shares spike 18% as higher interest rates help fintech triple profits
Wise said in a statement to the stock market that its profit before tax nearly tripled to £146.5 million ($186.5 million).
Stocks making the biggest premarket moves: Walgreens, Kellogg, Eli Lilly, Delta and more
These are the stocks posting the largest moves in the premarket.
A U.S. recession is coming this year, HSBC warns — with Europe to follow in 2024
The U.S. will enter a downturn in the fourth quarter, followed by a „year of contraction and a European recession in 2024,“ according to HSBC Asset Management.
Malaysia’s sovereign wealth fund seeks greater portfolio resilience in volatile markets
Khazanah invested more than half its portfolio in public markets in 2022 and more than doubled its net profit last year compared to the year before.
China’s economy is set to grow faster in the second quarter, Premier Li Qiang says
Chinese Premier Li Qiang said Tuesday his country was still on track to reach its annual growth target of around 5%.
Walgreens slashes earnings guidance due to lower consumer spending, drop in Covid care demand
CEO Rosalind Brewer said Walgreens will increase its cost-cutting program to $4.1 billion and take action to increase profitability in the health-care segment.
Stocks making the biggest premarket moves: Tesla, Moderna, Alphabet, PacWest and more
These are the stocks posting the largest moves in the premarket.
Bitcoin is up 12% this month — even though barely anybody is trading it
Bitcoin’s price has rallied sharply this month — but not for reasons you might think.