News

China's Alibaba releases AI search tool for small businesses in Europe and the Americas

Chinese e-commerce giant Alibaba unveiled an artificial intelligence-powered search engine for small businesses in Europe and the Americas to source supplies.

China's biggest shopping event of the year exceeds low expectations

The Singles' Day shopping festival saw consumers spend more than expected in what's otherwise been a tepid retail environment, consulting executives said.

Trump is the most pro-stock market president in history, Wharton’s Jeremy Siegel says

"President-elect Trump is the most pro-stock market president we have had in our history," Siegel said on CNBC's "Squawk Box" Monday.

Fed's Kashkari says Trump tariffs could reheat inflation if they provoke global trade 'tit for tat'

Donald Trump unleashed China tariffs during his first term that essentially sparked a trade war after the country retaliated with its own U.S. import taxes

‘Two-stocks’ are better than one? Repacking ‘pair trades'

How two-stock ETFs could transform pair trading for investors.

China expected to announce highly anticipated fiscal stimulus package

Authorities in Beijing have ramped up stimulus announcements since late September in an effort to bolster its flagging economy.

DoubleLine's Gundlach says expect higher rates if Republicans also win the House

DoubleLine's Jeffrey Gundlach said interest rates could shoot higher if Republicans end up controlling the House and securing a governing trifecta.

Traders see good chance the Fed cuts again in December then skips in January

Fed funds futures contracts pointed to a roughly 75% probability that the U.S. central bank would cut rates again in December.

Federal Reserve cuts interest rates by a quarter point

The Federal Reserve approved its second consecutive interest rate cut Thursday.

Here's what changed in the new Fed statement

This is a comparison of Thursday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in September.

Wall Street expects Trump presidency will unlock deal-making

Deal-making has slowed in recent years, largely due to high interest rates, soaring company valuations and a tight regulatory environment.

China urges U.S. cooperation as Trump trade threat looms

China emphasized the need for greater cooperation with the U.S. a day after it became clear President-elect Donald Trump would be the next U.S. president.
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