Articles

HSBC to sell Argentina business in latest market exit

HSBC Holdings is selling its Argentina business for over half a billion U.S. dollars, the bank’s latest exit from markets that are no longer core to its business strategy.

BP says high production and strong trading will offset oil and gas price slump

The British oil major said lower oil and gas prices and a drop in the value of Egypt’s currency could cost it up to $1.2 billion

White House again weaponizes PPP loans in defense of student-debt relief

The White House on Monday turned to a familiar tactic when defending criticism of its student-loan relief plan.

Treasury yields nudge down from four-month highs as inflation report looms

Bond yields fell on Tuesday, but remained just below their highest since November following recent data that showed the U.S. economy in relatively good health.

Bain Capital to sell its stake in India’s Axis Bank

The company plans to sell 33.37 million shares via a block trade on Tuesday, according to a term sheet seen by The Wall Street Journal.

Australian consumers are in an extended slump as inflation expectations rise

Australian consumer confidence remains in an extended slump, but more worrying is that inflation expectations are also nudging higher, something that will surely alarm the Reserve Bank of Australia.

We’re spending more on ‘bucket list’ experiences — but are they worth the money?

Problems arise when couples clash over how much to spend.

Harmonic ends review of its video business; CEO to retire

Harmonic ended a review of its video business without completing a transaction and said its chief executive would retire.

Financial scammers have a new weapon to steal your money: AI

Banks are fighting back against deepfakes and voice cloning that snare unsuspecting victims.

SoFi CEO Anthony Noto saw his pay increase more than 40% last year

While Noto’s salary grew modestly, the total value of his stock awards drove the big increase.

You’re likely being wildly unrealistic about how much money stocks can make

Here’s a key lesson for Financial Literacy month: Be real and study market history.

Apple investors finally get a bit of good news

A positive surprise for Apple investors was buried in quarterly personal-computer data released Monday: The tech giant saw its biggest growth in Mac unit shipments in at least two years.
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