China’s ambassador to the U.S., Xie Feng, has blamed U.S. tariffs and export controls for a drop in trade between the two countries.
Category: Finance News
Buy now, pay later firm Klarna cuts losses in first half but falls short of profit
Swedish buy now, pay later firm Klarna reduced losses by roughly 67% in the first half of 2023, as it cut costs dramatically in a bid for profitability.
UBS posts $29 billion second-quarter profit in first results since Credit Suisse takeover
UBS on Thursday posted a second-quarter profit of $28.9 billion in its first quarterly earnings since Switzerland’s largest bank completed its takeover of stricken rival Credit Suisse.
Op-ed: Why the world needs more oil, not less
If oil vanished today, these and many other vital products and services that use oil or its derivatives would vanish too.
Stocks making the biggest moves after hours: Salesforce, Okta, CrowdStrike, Five Below and more
These are the stocks posting the largest moves in extended trading.
Apple shares rise as new iPhone speculation ramps up. Here’s what the pros have to say
Pros on CNBC discussed Apple as investors ponder what the company’s next iPhone reveal means for the stock.
Stocks making the biggest moves midday: HP, Box, Brown-Forman, Insulet and more
These are the stocks posting the largest moves in midday trading.
Warren Buffett, who turns 93, is at the top of his game as he pushes Berkshire Hathaway to new heights
Berkshire shares have roared back to an all-time high on record operating profit, making it the biggest non-tech company by market capitalization.
U.S. job growth slowed sharply to 177,000 in August, below expectations, ADP says
Economists surveyed by Dow Jones were expecting 200,000 jobs added in August.
Stocks making the biggest moves premarket: Box, Insulet, HP and more
These are the stocks posting the largest moves in premarket trading Wednesday.