News

SEC seeks rule change that could cause fund managers to take less risk

The rule change involves lowering the bar for indemnification of fund managers to "ordinary negligence" from "gross negligence."

China hits Alibaba affiliate Ant Group with $985 million fine for violating various regulations

China's central bank hit Alibaba affiliate Ant Group with a 7.12 billion yuan fine ($985 million) on Friday.

Stocks making the biggest premarket moves: Levi Strauss, Biogen, Alibaba and more

These are the stocks posting the largest moves in the premarket.

Southeast Asia's IPO market is an investor favorite amid global headwinds, Deloitte says

Southeast Asia's initial public offering market is showing promising signs amid a global IPO slowdown in the first half of 2023, said a new Deloitte report.

The job market is still favorable for workers. ‘You’re in a lucky position,’ economist says

Federal and private job data issued Thursday suggests the labor market has remained resilient in the face of economic headwinds.

Stocks making the biggest moves midday: JetBlue, Affirm, Genius Sports, Sweetgreen and more

These are the stocks posting the largest moves midday.

Stocks making the biggest moves premarket: JetBlue Airways, Meta, Sweetgreen and more

These are the stocks posting the largest moves in early trading.

Janet Yellen arrives in Beijing on mission to find common ground for U.S. and China

Yellen's trip deepens a thaw in U.S.-China ties, coming weeks after Secretary of State Antony Blinken's own visit to Beijing in mid-June.

Fed sees more rate hikes ahead, but at a slower pace, meeting minutes show

The Federal Reserve on Wednesday released the minutes from its June 13-14 meeting.

Stocks making the biggest moves midday: Meta Platforms, Coinbase, UPS, General Motors & more

These are the stocks posting the largest moves in midday trading.

FTC warns about student loan scams following Supreme Court decision

The Federal Trade Commission issued a consumer alert about likely fraud attempts after the Supreme Court's ruling Friday against student loan forgiveness.

Stocks making the biggest moves in the premarket: Rivian, UPS, Coinbase and more

These are the stocks posting the largest moves premarket.
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