Articles

China’s stock market is closing just as investment outlook is brightening up

The Shanghai Stock Exchange will close from Oct. 1 to Oct. 7 for the China National Day celebrations. Hong Kong’s market will be shut on Oct. 1.

Billionaire Snap CEO sells L.A. mansion after cutting $4 million off the price

Evan Spiegel can toast to another (semi) successful deal after finally securing a buyer for his Brentwood mansion.

Ellen DeGeneres makes a big return in Netflix special, but her real estate empire might be the real winner

What DeGeneres doesn’t speak about in the comedy special is her very lucrative behind-the-scenes side hustle: real estate investment.

Aston Martin shares fall 25% after warning blamed on supply disruptions, China

The British car manufacturer said it expects to sell 1,000 fewer cars than previously anticipated due to delays at several of its suppliers

Chinese stocks soar again on hopes for further stimulus

Chinese stocks soared on Monday, extending gains for the beleaguered asset class on hopes policymakers will pair their monetary support with fiscal policy action.

Chrysler, Jeep maker plans to slash U.S. inventory with price and capacity cuts

Chrysler’s parent company Stellantis on Monday said it’s accelerating an inventory reduction program as it issued a massive downgrade to its financial guidance.

Stock-market rally built on hopes for more big Fed rate cuts faces crucial test

Stock-market investors got what they wanted when the Federal Reserve delivered an extra-large September rate cut — the risk now is that strong jobs data in the week ahead could be too much of a good thing.

Nike is getting a new CEO. Will its earnings shed light on the path forward?

After a months-long consumer flight from new sneakers and new clothing, Nike Inc. is bringing in a new chief executive. Investors liked the news. But analysts say there’s still lots of work ahead for the company.

What Trump and Harris say they’ll do to fix the high cost of housing — and what’s worked in the past

The high cost of housing is a top economic issue that both U.S. presidential candidates have vowed to address.

Scalpers are selling Sony’s PS5 Pro special edition for thousands more than they paid for it

Sony’s PS5 Pro was already the most expensive major gaming console. Then it got even pricer.

A port strike would be ill-timed, but disruption could boost these companies

A strike at U.S. East Coast and Gulf ports would be ill-timed for the holiday season and could cause a spike in rail congestion, but the disruption could spell opportunities for some companies.

Bitcoin’s on track for its best September ever, thanks to China’s stimulus measures 

Bitcoin races toward best September in history, after China promises big stimulus measures and as traders count on more Federal Reserve rate cuts this year. 
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