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Financial News Around the World

China’s livestream shopping is booming, fueling new tech such as avatars and AI

Livestreaming is cementing itself as a growing sales channel in China, driving new tech products such as virtual human streamers and mobile data packages.

Published 11 December 2023
Categorised as Finance News

Macy’s receives $5.8 billion buyout offer, sources say

The offer values the retailer at $21 per share, according to the sources. Macy’s closed at just over $17 a share on Friday.

Published 10 December 2023
Categorised as Finance News

JPMorgan picks China stocks to buy now. Alibaba’s not on the list

Some big-name Chinese stocks are starting to emerge from a downbeat few quarters, making it them “timely buys” for the year ahead, JPMorgan analysts said.

Published 10 December 2023
Categorised as Finance News

Charlie Munger’s No. 1 tip for dealing with hardship: Cry, but don’t quit

Ahead of his death last month, billionaire Charlie Munger shared his best tips for success and longevity. Among them: It’s OK to cry, but never give up.

Published 10 December 2023
Categorised as Finance News

Dating apps can cost users hundreds of dollars a month, as free versions turn ‘borderline unusable,’ coach says

The era of free dating apps may be over: Companies are trying to boost revenue, while single people increasingly feel apps are the only way to find love.

Published 9 December 2023
Categorised as Finance News

EU agrees to landmark AI rules as governments aim to regulate products like ChatGPT

EU institutions spent the week hashing out proposals to come up with an agreement on how to regulate tools like ChatGPT.

Published 8 December 2023
Categorised as Finance News

The runway is getting clearer, but the U.S. economy still isn’t assured of a soft landing

There’s nothing about a 3.7% unemployment rate and another 199,000 jobs that even whispers “recession” let alone screams it.

Published 8 December 2023
Categorised as Finance News

Stocks making the biggest moves midday: Paramount, Lululemon, RH, HashiCorp & more

These are the stocks posting the largest moves in midday trading.

Published 8 December 2023
Categorised as Finance News

Unemployment among Asian workers and Black men rises in November while the overall rate declines

The unemployment rate for Asian workers and Black men rose in November, while the overall U.S.’s declined.

Published 8 December 2023
Categorised as Finance News

Here’s where the jobs are for November 2023 — in one chart

Health care and government hiring led the way in November.

Published 8 December 2023
Categorised as Finance News

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