During a summer of weak spending, one Chinese consumer company has told investors of double-digit growth in the first half of the year.
Category: Finance News
ETF inflows set record high in July, State Street Global Advisors finds
New data shows exchange-traded fund inflows hit $127 billion last month.
Warren Buffett raises Berkshire cash level to record $277 billion after slashing stock holdings
Berkshire Hathaway’s cash pile swelled to a record $276.9 billion as Warren Buffett continued dumping his one-time favorite Apple stake.
Jeff Bezos’ family office is making big investments in AI
Bezos Expeditions has always tilted heavily toward tech. Fully 70% of his family office investments are in technology, according to FINTRX.
Stocks making the biggest moves midday: Chevron, Apple, Clorox, Amazon and more
These are the stocks posting the largest moves in midday trading.
Jobless rates fall in July for Asian Americans, bucking the overall trend
The unemployment rate fell to 3.7% from 4.1% for Asian Americans in July.
Morgan Stanley tells wealth advisors they can pitch bitcoin ETFs in a first for a big bank
The move from Morgan Stanley, one of the world’s largest wealth management firms, is the latest sign of the adoption of bitcoin by mainstream finance.
Berkshire’s mounting cash pile could top $200 billion as Buffett continues selling stock
The Omaha-based conglomerate’s cash hoard is likely to exceed its previous record of $189 billion when it reports quarterly earnings Saturday.
Here’s where the jobs are for July — in one chart
Hiring in the U.S. slowed significantly last month with information and financial sectors leading the job losses.
Job growth totals 114,000 in July, much less than expected, as unemployment rate rises to 4.3%
Nonfarm payrolls were expected to increase by 185,000 in July, according to the Dow Jones consensus estimate.