News

Startup Li Auto is beating Tesla China's EV sales

Chinese startup Li Auto sold more cars in October than Tesla's China business did in October, according to the China Passenger Car Association.

Powell says Fed is 'not confident' it has done enough to bring inflation down

Powell said in remarks for an International Monetary Fund audience that more work could be ahead in the battle against high prices.

Watch Fed Chair Jerome Powell speak live to an IMF panel on monetary policy

The U.S. central bank leader's remarks follow a Fed decision last week to hold benchmark policy rates at their current level.

IRS data reportedly shows Buffett traded Berkshire stocks in personal account, according to ProPublica

The nonprofit news outlet cited a leak of confidential IRS data.

The IPO market has grown quiet again. Here's what is behind the shift in sentiment

The weeks before Thanksgiving usually bring a spate of large IPOs eager to go public before the holiday season starts. But this year, nothing is happening.

The ‘dupe’ trend hit travel in 2023. It's a good way to save on your next trip, experts say

Travelers sought out alternatives to popular hot spots as a way to save money in 2023. The strategy can help when planning your next trip.

Cleveland Fed launches search for new leader after Mester leaves

Often one of the central bank's bigger proponents for tighter monetary policy, Mester, 65, will reach mandatory retirement in 2024.

Why market timing doesn't work: S&P 500 is up 14% this year, but just 8 days explain the gains

The cost of not being in the market on the most important days is devastating to a long-term portfolio. 

HSBC to launch storage services for tokenized securities as more big banks warm to blockchain

HSBC said it is launching custody services for storing tokenized securities, digital versions of regulated assets like bonds that exist on the blockchain.

UBS resumes selling the bonds at the heart of Credit Suisse controversy

UBS on Wednesday began selling Additional Tier 1 (AT1) bonds for the first time since completing the takeover of Credit Suisse.

China's truck industry is buying more driver-assist technology

China's autonomous trucking industry may be near an inflection point.

Fed’s Goolsbee says 'golden path' of a huge drop in inflation without a recession is still possible

Chicago Fed President Austan Goolsbee said a soft landing is still on the table as the Fed seeks to combat inflation without hurting the economy significantly.
1 100 101 102 103 104 160