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Stock markets in Asia fell while safe-haven assets such as U.S. Treasurys, the yen and the Swiss franc rose sharply after Israel launched a retaliator
The asset manager has resisted a significant fee cut, insisting that rising bitcoin prices will continue to buoy its fortunes.
Stocks mostly slumped Thursday as investors digested a range of corporate earnings including a better-than-expected report from Alaska Air.
The chip industry is recovering more slowly than expected from the inventory glut of 2023 but the semiconductor investments required for the rapid gro
Stock portfolios at large pension funds had a blockbuster run. Now, managers are cashing out and shifting money into bonds.
China’s central bank reiterated its commitment to a stable yuan, joining the chorus of Asian officials concerned about weakening regional currencies
The Internal Revenue Service postponed required withdrawals from many inherited accounts through 2024.
So much change ends up in the trash that one company is digging them up for profit.
Weekly commercial crude storage grew by 2.7 million barrels to 460 million barrels, while analysts predicted an increase of 600,00 barrels.
Copper and aluminum prices both breached their highest levels since 2022 and 2023, respectively, as global demand picks up and supplies tighten.
Borrowers are getting on with things as rates are set to remain high for longer.
GE Vernova is expected to turn profitable this year and benefit from growing electricity demand.
After his Trian Partners lost its proxy fight, a big bet on Unilever comes into focus.
Chinese regulators sought to reassure investors in the wake of new rules governing its beleaguered equities markets, saying the once-in-a-decade chang
Fed Chair Jerome Powell shifted his tone on rate cuts, matching investors’ expectations.
Shares are down more than 65% from a recent peak after the first three weeks of trading.
Top U.S. banks, including Bank of America, JPMorgan and Goldman, posted better-than-expected earnings thanks to strong consumer spending and a flurry
Sequels from lesser-tapped franchises are expected to dominate this year’s film releases, but Wall Street anticipates weak overall results.
Revenue from investment banking and trading, Goldman’s traditional powerhouses, surged.
Aluminum and nickel prices rose in London after the U.S. and U.K. banned fresh trading in metals originating from Russia.
