Officials attributed the lower borrowing needs to higher receipts, which were offset somewhat by greater expenses.
Most middle-income Americans still earning less than 3% on savings, survey finds
Despite inflation concerns, most middle-income Americans still aren’t leveraging higher interest rates for savings. Here’s what to know.
Stocks making the biggest moves midday: SoFi, McDonald’s, Western Digital, ON Semiconductor and more
These are the stocks posting the largest moves in midday trading.
UK confirms plans to regulate crypto industry with formal legislation
The U.K. government published its response to a consultation paper issued earlier this year, which recommended how the crypto industry should be regulated.
The escalating Israel-Hamas conflict raises risks of global market contagion, economist says
As the Israel-Hamas conflict further intensifies, the risks to the global economy are growing, economist Mohamed el-Erian said Monday.
Stocks making the biggest moves premarket: McDonald’s, SoFi, Invitation Homes and more
These are the stocks posting the largest moves in premarket trading.
How 3 stocks tied to China’s economy are navigating its uneven post-Covid recovery
Recent data from the Chinese government and companies that reported earnings already paint a fuzzy picture.
Is your hotel sustainable? Not if these two things are in your room, says Soneva’s founder
Soneva and Six Senses founder Sonu Shivdasani said “sustainable” hotels shouldn’t have branded water or toiletries in plastic bottles — and that’s bare minimum.
HSBC’s after-tax profit surges over 235% year-on-year, announces $3 million share buyback
HSBC also said it will initiate a further share buy-back of up to $3 billion, which is expected to “commence shortly.”
Chinese consumer stocks that analysts like for their global potential
In a dismal year for most Chinese stocks, a few consumer names with growing international business have posted gains.