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Financial News Around the World

Dollar General shares crater 20% as retailer cuts outlook, blaming ‘financially constrained’ customers

The discount retailer slashed its guidance for full-year same-store sales and profit.

Published 29 August 2024
Categorised as Finance News

China’s Xi meets with U.S. national security advisor Sullivan

Chinese President Xi Jinping told U.S. national security advisor Jake Sullivan during a meeting that China hoped the U.S. would find “a right way” to get along.

Published 29 August 2024
Categorised as Finance News

China’s electric car race is becoming more about chip prowess as companies focus on tech

Price wars aside, Chinese electric car companies are now competing on driver-assist and other tech powered by semiconductors.

Published 29 August 2024
Categorised as Finance News

Biden and Xi to speak after rare U.S. security adviser trip to China

The announcement came amid U.S. national security adviser Jake Sullivan’s trip to Beijing this week to meet with Wang Yi, China’s top diplomat.

Published 29 August 2024
Categorised as Finance News

Stocks making the biggest moves after hours: Nvidia, Salesforce, CrowdStrike, Affirm and more

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

Published 28 August 2024
Categorised as Finance News

401(k) auto-enrollment features don’t help savings as much as expected, study finds

Academics who helped pioneer research on 401(k) auto-enrollment find effects such as leakage blunt its long-term impact.

Published 28 August 2024
Categorised as Finance News

The Fed now will focus on the employment part of its mission — and for good reason

Officials have made it clear that they are turning their attention from a focus squarely on inflation.

Published 28 August 2024
Categorised as Finance News

Stocks making the biggest moves midday: Super Micro Computer, Berkshire Hathaway, Abercrombie & Fitch and more

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

Published 28 August 2024
Categorised as Finance News

Buffett’s Berkshire Hathaway hits $1 trillion market value, first U.S. company outside of tech to do so

The milestone came two days before Buffett’s 94th birthday.

Published 28 August 2024
Categorised as Finance News

Stocks making the biggest moves premarket: Super Micro, Abercrombie & Fitch, Box, Foot Locker and more

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

Published 28 August 2024
Categorised as Finance News

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