Articles

Hong Kong stocks lead global surge on reports of more China stimulus measures

Hong Kong’s equity market hit a one-year high and led a surge in global stocks as the China-stimulus-induced risk-asset rally received further propulsion

Exclusive: HUD Secretary Adrianne Todman on how government ‘has to be part of the solution’ to U.S. housing crisis 

The housing market has become unaffordable for many buyers. The federal government says it’s working on it.

It’s a bad time for Mira Murati to exit, as OpenAI refocuses on profitability

Mira Murati’s departure from OpenAI could not have come at a worse time.

Raising the full retirement age to 69 would cut Social Security benefits — but it wouldn’t save the program

The maximum age to claim Social Security would climb to 72 from 70

Gas-mask maker Dräger joins companies banning products from being used in death-penalty supply chain

A major gas-mask manufacturer this week said it doesn’t want its products used in nitrogen-gas executions, days before Alabama planned to carry out the country’s second-ever execution using the same method.

Dollar General asks shareholders to reject investment firm’s stock-purchase offer

Dollar General Corp. on Wednesday asked shareholders to reject an offer by TRC Capital Investment Corp. to buy some of its shares at a value below last week’s closing price, saying the offer would avoid disclosure rules intended to protect investors.

Pfizer yanks sickle-cell treatment worldwide after possible link to deaths

The benefits of Oxbryta no longer outweigh the risks, Pfizer says.

Vistra’s stock is up more than 200% this year. Could more gains could be ahead?

Stocks levered to nuclear power have done well recently on AI optimism. But an analyst notes that Vistra’s efficient gas plants could be “a huge source of upside.”

Here’s who is considered middle class, as Harris and Trump fight for their votes

Though “middle class” has traditionally been shorthand for achieving a measure of financial stability, that status is precarious.

Harris sees ‘next generation of breakthroughs’ built by U.S. workers. AI, crypto could benefit.

Democratic presidential nominee Kamala Harris pledged to support cutting-edge industries and middle-class workers while touting her previously released plans, as she delivered an economic address in the swing state of Pennsylvania.

Stocks are poised for something that hasn’t happened since the days of the dot-com bubble

The S&P 500 is flirting with what would be a rare accomplishment: rising 20% or more during two consecutive calendar years.

Bond ETF flows this year just topped annual record set in 2021

Investors are flocking to bond ETFs this year, according to State Street.
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