Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
News: Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies & ForexCryptocurrenciesCybersecurityPress Releases

News Highlights: Top Financial Services News of the Day

08/08/2022 | 12:16am EDT
Fed Official Says Large Interest-Rate Rises Could Continue 
 

Michelle Bowman says she wants to see inflation declining in "a consistent, meaningful and lasting way" before slowing rate rises.

 
Insurer Spurs Companies to Mitigate Climate-Related Risks 
 

FM Global said it would provide $300 million in premium reductions for steps to protect against wildfire, floods and hurricanes.

 
Berkshire Hathaway's Earnings Fall, Hurt by Market Volatility 
 

The company posted a loss of $43.8 billion, compared with a profit of $28.1 billion in the year-earlier period.

 
Before Crypto Lender Crashed, Celsius CEO Was Known for Big Ideas and Battles 
 

Alex Mashinsky, a serial entrepreneur, proposed a stream of moonshot ideas in different industries over many years-and frequently left a string of unhappy colleagues and investors.

 
Jobs Report to Keep Fed on Aggressive Tightening Path 
 

Strong hiring and wage growth make it harder for the central bank to dial down the pace of rate rises in September.

 
Coinbase's Rapid Rise Left It Exposed in Crypto's Collapse 
 

Fast expansion made Coinbase the biggest U.S. exchange for digital currency. Now it faces high expenses, dwindling cash and a challenge from regulators.

 
Before the Fed Acts, It Pays to Buy Stocks 
 

Buying equities the day before a Fed announcement and selling the day after can boost returns. Bonds, though, are a different matter.

 
A Strong Dollar and Weaker Chinese Yuan Both Drag Down Gold 
 

Investors often rush to buy the haven asset gold when inflation is high, but a strong dollar combined with a weaker yuan are bad news for gold bugs.

 
A Wall Street Sentiment Survey Might Have Called the Stock Market's Turn 
 

Investor pessimism peaked as the market began rallying in mid-June, according to Investors Intelligence's survey.

 
A New Hong Kong Stock Makes GameStop Look Tame 
 

The market value of fintech company AMTD Digital briefly eclipsed Facebook parent Meta Platforms this week.


(END) Dow Jones Newswires

08-08-22 0015ET

Stocks mentioned in the article
ChangeLast1st jan.
AMTD DIGITAL INC. -8.40% 59.54 Delayed Quote.0.00%
AUSTRALIAN DOLLAR / US DOLLAR (AUD/USD) -0.42% 0.64064 Delayed Quote.-10.87%
BRITISH POUND / US DOLLAR (GBP/USD) -0.65% 1.06564 Delayed Quote.-20.44%
CANADIAN DOLLAR / US DOLLAR (CAD/USD) -0.32% 0.72626 Delayed Quote.0.00%
COINBASE GLOBAL, INC. 1.24% 63.05 Delayed Quote.-75.02%
EURO / US DOLLAR (EUR/USD) -0.34% 0.95611 Delayed Quote.-15.60%
GAMESTOP CORP. 6.74% 26.13 Delayed Quote.-34.01%
INDIAN RUPEE / US DOLLAR (INR/USD) -0.12% 0.012239 Delayed Quote.-8.75%
META PLATFORMS, INC. -1.44% 134.4 Delayed Quote.-60.04%
NEW ZEALAND DOLLAR / US DOLLAR (NZD/USD) -0.61% 0.55942 Delayed Quote.-17.14%
TOP FINANCIAL GROUP LIMITED -1.12% 12.31 Delayed Quote.0.00%
UNITED STATES DOLLAR (B) / CHINESE YUAN IN HONG KONG (USD/CNH) 0.76% 7.23131 Delayed Quote.12.81%
Latest news "Economy & Forex"
05:59pFactbox-Companies cut jobs, freeze hiring to prepare for economic slowdown
RE
05:59pMexican tortilla maker Gruma says it obtained $125 mln loan
RE
05:49pNord Stream gas leaks raise climate fears, but impact hard to quantify
RE
05:48pRide-hailing firm Lyft freezes U.S. hiring amid downturn fears
RE
05:46pAFL-CIO requests USMCA labor complaint at Saint-Gobain glassmaker in Mexico
RE
05:43p'Fears' for Italy's LGBT community after far-right win
RE
05:36pThe WSJ Dollar Index Rises 0.02% to 105.14 -- Data Talk
DJ
05:36pEuro Lost 0.14% to $0.9596 -- Data Talk
DJ
05:36pSterling Gains 0.43% to $1.0734 -- Data Talk
DJ
05:36pDollar Gains 0.05% to 144.81 Yen -- Data Talk
DJ
Latest news "Economy & Forex"