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China’s Singles Day shopping festival is more than halfway over. Here’s how consumers are spending

Early indicators on China’s biggest shopping event of the year reveal a pickup in select categories, and even predictions for modest sales growth overall.

Published 4 November 2024
Categorised as Finance News

Affirm expands buy now, pay later service to the UK, heating up local competition

Affirm, the U.S. buy now, pay later firm, on Monday launched its services in the U.K. — its first expansion overseas.

Published 4 November 2024
Categorised as Finance News

China gears up for a big week as markets await U.S. elections and stimulus details

The size of China’s highly anticipated stimulus plans will likely depend on the outcome of the U.S. presidential election, analysts say.

Published 3 November 2024
Categorised as Finance News

Stocks to play China’s shopping festival — even if consumers spend less

As China’s biggest shopping event of the year gets underway, analysts pick stocks they think can win regardless of how much consumers spend on each item.

Published 3 November 2024
Categorised as Finance News

Berkshire Hathaway’s cash fortress tops $300 billion as Buffett sells more stock, freezes buybacks

The Omaha-based conglomerate saw its cash fortress swell to a record $325.2 billion by the end of September.

Published 2 November 2024
Categorised as Finance News

Warren Buffett continued to sell down his Apple stake, cutting about a quarter in the third period

The Oracle of Omaha downsized Apple — his biggest equity holding — for a fourth quarter in a row.

Published 2 November 2024
Categorised as Finance News

Companies brace for Tuesday: Mentions of election surge on company conference calls

More companies are talking publicly with investors about the presidential election than in recent cycles.

Published 2 November 2024
Categorised as Finance News

Stocks making the biggest moves midday: Intel, Amazon, Boeing, Chevron and more

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

Published 1 November 2024
Categorised as Finance News

Jobless rate ticks higher in October for white Americans, bucking the broader trend

The unemployment rate for white workers crept higher in October, running counter to the overall trend.

Published 1 November 2024
Categorised as Finance News

Record numbers of wealthy Americans are making plans to leave the U.S. after the election

Attorneys and advisors to family offices and high-net-worth families said they’re seeing record demand from clients looking for second passports or long-term residencies abroad.

Published 1 November 2024
Categorised as Finance News

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