News

U.S. job growth revised down by the most since 2009. Why this time is different

There's a lot of debate about how much signal to take from the 818,000 downward revisions to U.S. payrolls — the largest since 2009. Is it signaling recession?

Fed minutes point to ‘likely’ rate cut coming in September

The Federal Reserve on Wednesday released minutes from its July 30-31 policy meeting.

The explosion of online sports betting is taking a toll on how people invest

While sports betting has put considerable sums into state coffers, it has come at a notable personal expense to gamblers and their families.

China's antimony export controls rattle the tungsten industry

New export controls have shaken the critical minerals industry. Insiders are worried that Beijing will leverage its global supply chain dominance in unprecedented ways.

JD.com leads losses in Hong Kong, falling 10% after Walmart confirms stake sale

Walmart said the decision will allow it to "focus on our strong China operations for Walmart China and Sam's Club, and deploy capital towards other priorities."

How EVs and gasoline cars compare on total cost — where you live can make a huge difference

Electric vehicles generally have a higher purchase price. But EVs beat out gasoline-powered counterparts on total lifetime costs in certain cases.

'Britain's Bill Gates': Who is Mike Lynch, the UK tech entrepreneur missing after superyacht sinks?

Mike Lynch was only recently cleared of fraud charges in a landmark trial. Now, in a shock turn of events, he's gone missing after the sinking of a superyacht.

U.S., China sign agreement to cooperate on financial stability

The U.S. and China last week signed agreements for cooperating on financial stability, according to a People's Bank of China readout Monday.

What to know before investing in buffer ETFs

Investors may want to consider buffer ETFs to hedge the recent market volatility.

China's central bank says risks from local government debt have dropped

China's financial risks have dropped, including from local government debt, People's Bank of China Governor Pan Gongsheng said in interviews with state media.

Here's the deflation breakdown for July 2024 — in one chart

Prices in some areas of the U.S. economy have deflated, meaning they've declined.

Warren Buffett did something curious with his Apple stock holding

The identical 400 million share count in Apple and Buffett's oldest and longest position Coca-Cola prompted some to believe he is done selling the tech stock.
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