Government debt that has swelled nearly 50% is capturing increasing worry both on Wall Street and in Washington.
Category: Finance News
China’s hot EV market is no longer focused solely on lower sticker prices. Which stocks to watch
Despite new U.S. tariffs, Chinese electric cars are already moving into a new phase of competition that’s no longer centered only on selling prices.
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 ETFs.
Some consumers are punting big purchases like pools and mattresses
There are some signs that shoppers are holding off on big-ticket buys, the latest signal of the economy contracting at the hands of tighter monetary policy.
Stocks making the biggest moves midday: GameStop, Reddit, Advanced Micro Devices, Robinhood and more
These are the stocks posting the largest moves in midday trading.
‘Quiet wealth’ takes on new meaning with super-private deals for mansions, art and classic cars
Last year, while combined public auction sales for Sotheby’s, Christie’s and Phillips fell by 19%, private sales rose.
Stocks making the biggest moves premarket: GameStop, Reddit, Take-Two Interactive Software and more
These are the stocks posting the largest moves in early trading.
Shares of Cartier owner Richemont climb 6% on record full-year sales, new CEO
Shares of Swiss luxury group Richemont climbed as much as 6.3% Friday after it reported record full-year sales even as Asia Pacific spending waned.
HSBC falls 3% amid reports that top shareholder Ping An is looking to trim its stake
Ping An last year had supported a shareholder motion to spin off HSBC’s Asia business and establish fixed dividends. The motion was eventually defeated.
China retail sales, investment data miss expectations in April
China reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust.