No ‘cop on the beat’: Why the SEC may deny new ether ETFs this month
The U.S. Securities and Exchange Commission is expected to make a key decision on approving ether exchange-traded funds next week.But…
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Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon
Higher-income consumers may be creating a frothy situation at Walmart.Even though affluent shoppers helped drive the retailer’s latest beat on…
China consumption slows as retail sales and investment data disappoint
Pictured here is a BYD factory producing new energy-powered trucks in Huai’an, China, on February 21, 2024.Nurphoto | Nurphoto |…
China retail sales, investment data miss expectations in April
Pictured here is a BYD factory producing new energy-powered trucks in Huai’an, China, on February 21, 2024.Nurphoto | Nurphoto |…
The Dow’s road to 40,000 in one chart
Traders work on the floor at the New York Stock Exchange.Brendan McDermid | ReutersThe Dow Jones Industrial Average reached a…
China’s economy reveals pockets of softness. Here’s what to watch ahead of Friday’s data
People purchasing fruit at an agricultural trade market on May 11, 2024 in Lianyungang, Jiangsu Province of China.Vcg | Visual…
Fed Chair Powell says inflation has been higher than thought, expects rates to hold steady
Federal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than expected and will keep the central…
Watch Fed Chair Jerome Powell speak live to bankers group in Amsterdam
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a…
Freetrade, Britain’s answer to Robinhood, says its CEO is stepping down
Adam Dodd, co-founder of wealth technology app Freetrade, is stepping down as CEO.FreetradeLONDON — The boss of U.K. stock trading…
‘I feel like I’ve been tricked’: Some property buyers in China’s Tianjin have been waiting 8 years for their homes
People wait at the train station of Wu Qing, Tianjin, on January 8, 2016.Fred Dufour | Afp | Getty ImagesBEIJING…
Bronze bust honoring the late Charlie Munger wowed crowd in Omaha at Berkshire meeting
Artist Yu Shu creates sculptures of Charlie Munger. Courtesy: Yu ShuOMAHA, Neb. — A 24-inch tall, bronze bust sculpture of the…
This inflation-focused ETF may be in a sweet spot
It’s an exchange-traded fund designed to profit from higher rates.But even if the Federal Reserve starts to cut this year,…
The rule capping credit card late fees at $8 is on hold — here’s what it means for you
Rohit Chopra, director of the Consumer Financial Protection Bureau, speaks during a Senate Banking, Housing, and Urban Affairs Committee hearing…
European companies in China are under pressure from slower growth, overcapacity
A robot is producing auto parts on the production line of an auto parts company in Minhou County, Fuzhou, China,…
Watch Governor Andrew Bailey speak after the Bank of England’s rate decision
[The stream is slated to start at 7:30 a.m. ET. Please refresh the page if you do not see a…
Stocks making the biggest moves after hours: Airbnb, Robinhood, Arm Holdings, Equinix and more
A key is seen in front of a computer screen displaying the Airbnb logo in Ankara, Turkey, on Nov. 22,…
HD Hyundai Marine Solution doubles in South Korea’s largest IPO since January 2022
Employees of HD Hyundai Marine Solution Co., during the company’s listing ceremony at the Korea Exchange in Seoul, South Korea,…
Buffett says Berkshire sold its entire Paramount stake: ‘We lost quite a bit of money’
OMAHA, Neb. — Warren Buffett revealed that he dumped Berkshire Hathaway’s entire Paramount stake at a loss.“I was 100% responsible…
Warren Buffett says Greg Abel will make Berkshire Hathaway investing decisions when he’s gone
OMAHA, Nebraska — Warren Buffett said Saturday his designated successor Greg Abel will have the final say on Berkshire Hathaway’s…
Warren Buffett says Berkshire Hathaway is looking at an investment in Canada
OMAHA, Neb. — Warren Buffett said that Berkshire Hathaway is looking into an investment in Canada.“We do not feel uncomfortable…
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