Auction sales in the first six months at Christie’s, Sotheby’s, Phillips and Bonhams fell 26% from 2023 and 36% from the market peak in 2021.
Stocks making the biggest moves premarket: Tesla, UPS, Lam Research, IBM and more
These are the stocks posting the largest moves in premarket trading.
Chinese smartphone maker Oppo doubles down on AI, says in regular talks with Google and Microsoft
As Chinese smartphone company Oppo gears up for a flagship phone launch overseas, it says it has weekly AI talks with Google and Microsoft senior management.
Stocks making the biggest moves after hours: Tesla, IBM, T-Mobile and more
See which stocks are posting big moves after the bell.
Stocks making the biggest moves midday: McDonald’s, Spirit Airlines, Boeing, AT&T and more
These are the stocks posting the largest moves in midday trading.
Global public debt will hit $100 trillion by year-end, says IMF
The IMF warned of the risks posed by unsustainable public debt levels.
U.S., China trade tariffs escalating would be ‘costly for everybody,’ IMF deputy director says
An escalation of tensions around trade and tariffs would have economic consequences around the world, Gita Gopinath, deputy managing director of the IMF, said.
Apple and Goldman Sachs ordered to pay over $89 million for Apple card failures
Apple and Goldman Sachs were fined more than $89 million for mishandling consumer disputes of Apple Card transactions, the CFPB said.
Watch CFPB Director Rohit Chopra speak at DC Fintech Week
The director of the Consumer Financial Protection Bureau is slated to speak at DC Fintech Week on Wednesday.
AI on the trading floor: Morgan Stanley expands OpenAI-powered chatbot tools to Wall Street division
Nearly 50% of employees at Morgan Stanley and 60% at JPMorgan Chase have access to generative AI software provided by OpenAI.