China is no longer just any emerging market
[ad_1] A worker disinfects the Sanlitun shopping complex in Beijing in June as stores in the area were closed for three days after a Covid outbreak. There’s greater caution on…
Here’s the inflation breakdown for September 2022 — in one chart
[ad_1] Inflation was a bit hotter than expected in September, with monthly gains fueled primarily by housing, food and medical care, the U.S. Bureau of Labor Statistics said Thursday. Inflation…
Moody’s Mark Zandi sees relief within 6 months
[ad_1] The U.S. will see inflation cut in half within six months, according to Mark Zandi of Moody’s Analytics. His call, which comes on the cusp of another key inflation…
Fed minutes October 2022:
[ad_1] Federal Reserve officials have been surprised at the pace of inflation and indicated at their last meeting that they expect higher interest rates to remain in place until prices…
Zscaler, BlackRock, Roblox and more
[ad_1] Here are the companies making headlines before the bell: Angi (ANGI) – Angi shares added 2% in premarket trading after the online home services company named Joey Levin as…
N26 losses widen after ramping up spending on fraud controls
[ad_1] The logo of German online bank N26 displayed on a smartphone. Thomas Trutschel | Photothek via Getty Images German mobile bank N26 reported Tuesday a sharp rise in annual…
Amgen, Uber, Lyft, Zscaler and more
[ad_1] A sign marks a rendezvous location for Lyft and Uber users at San Diego State University in San Diego, California, May 13, 2020. Mike Blake | Reuters Check out…
China rushes to control new Covid cases across the country
[ad_1] Workers in Shanghai’s Changning district put up fencing on Oct. 7, 2022, around a neighborhood lockdown after reports of new Covid cases. Hector Retamal | Afp | Getty Images…
Chinese chip stocks tumble after U.S. calls for new curbs on high-end tech
[ad_1] A worker at a chips factory in Chongqing, China, on March 30, 2022. Future Publishing | Future Publishing | Getty Images The U.S. said it would grant a temporary…
Names to watch as Xi prepares for leadership change
[ad_1] China’s top leadership team around President Xi Jinping is set to change this month at a twice-a-decade congress. Pictured here is the last such congress in 2017, with Xi…
Mastercard deepens crypto push with tool for preventing fraud
[ad_1] Mastercard credit cards Roberto Machado Noa/ LightRocket via Getty Images Mastercard will on Tuesday debut a new piece of software that helps banks identify and cut off transactions from…
Compass, General Electric, Shell, Pinterest and more
[ad_1] The sign of a Shell petrol station is seen in front of a burning pilot flame atop a flare stack at the refinery of the Shell Energy and Chemicals…
ESG ETF investing raises concerns about transparency, social agendas
[ad_1] ESG – environmental, social and governance – is one of the hottest trends in the investing world, but some investors are calling it a gimmick. ESG is a new…
AMD, Levi Strauss, DraftKings and more
[ad_1] Here are the companies that are making headlines before the bell: Advanced Micro Devices (AMD) – AMD slid 5.3% in the premarket after cutting its sales forecast. The chipmaker…
$570 million worth of Binance’s BNB token stolen in another major crypto hack
[ad_1] Cryptocurrency exchange Binance temporarily suspended its blockchain network after hackers made off with around $570 million worth of its BNB token. Binance said late Thursday a cross-chain bridge linking…
CVS, Credit Suisse, AMD, Lyft and more
[ad_1] Omar Marques | LightRocket | Getty Images Check out the companies making headlines in midday trading Friday. Ambac Financial Group – Shares of the municipal bond insurer shot up…
Visa partners with FTX in a bet that shoppers still want to spend cryptocurrencies in a bear market
[ad_1] Visa payment cards laid out on a computer keyboard. Matt Cardy | Getty Images Visa is betting that crypto investors still want to spend their digital currencies, even as…
Credit Suisse to buy back $3 billion in debt, sell hotel as credit fears persist
[ad_1] Signage hangs over the entrance of a Credit Suisse Group AG branch in Zurich, Switzerland, on Sunday, Sept. 25, 2022. Inflation in Switzerland has more than doubled since the…
The 401(k) industry launches rollover plan for old retirement accounts
[ad_1] JGI | Jamie Grill | Blend Images | Getty 401(k) plans hold a whopping $7.7 trillion in retirement savings. But cash-outs of small accounts pull billions from the system…
Peloton, Shell, Compass and more
[ad_1] Check out the companies making headlines before the bell: Conagra (CAG) – The food producer’s stock added 2% in the premarket after it reported better-than-expected quarterly profit and sales.…
Mortgage mayhem sparks fears of a housing market crash in Britain
[ad_1] U.K. mortgage rates have skyrocketed since Finance Minister Kwasi Kwarteng’s mini-budget on Sept. 23, prompting banks to pull mortgage products threatening a deepen an expected housing market downturn. Dan…
Rivian, Credit Suisse, Poshmark and more
[ad_1] Check out the companies making headlines in premarket trading Tuesday. Rivian — Rivian’s stock rallied 9.3% after the electric vehicle maker announced that third-quarter production rose 67% from the…
High inflation has many Americans tweaking their holiday travel plans
[ad_1] D3sign | Moment | Getty Images Travelers are shifting their holiday getaway plans to avoid busting their budgets amid high inflation, according to a new Bankrate survey. Forty-three percent…
Tesla, Enphase Energy, Exxon Mobil and more
[ad_1] A Tesla service and sales center is shown in Vista, California, June 3, 2022. Mike Blake | Reuters Check out the companies making headlines in midday trading Wednesday. Tesla,…
The job market is cooling but workers still have power, say economists
[ad_1] Hinterhaus Productions | Getty Images There are signs the hot job market is cooling — but workers still have bargaining power for now, according to labor economists. Job openings,…