News

‘I feel like I've been tricked’: Some property buyers in China’s Tianjin have been waiting 8 years for their homes

A group of around 1,500 homebuyers have yet to see the apartments they paid for about eight years ago, as challenges persist in China's property sector.

This inflation-focused ETF may be in a sweet spot

Horizon Kinetics' James Davolos thinks his firm's inflation-focused ETF is "ideally positioned" for gains this year.

Bronze bust honoring the late Charlie Munger wowed crowd in Omaha at Berkshire meeting

It took a total of 12 months and a number of iterations for Yu Shu to finish the final version of the Munger bust.

The rule capping credit card late fees at $8 is on hold — here’s what it means for you

The outcome preserves, at least for now, a key revenue stream for the U.S. card industry. The CFPB said the rule would've saved Americans $10 billion a year.

Jim Simons, billionaire quantitative investing pioneer who generated eye-popping returns, dies at 86

Jim Simons, a legendary mathematician who founded the most successful quantitative hedge fund Renaissance Technologies, passed away on Friday.

Sweetgreen shares soar 35% after company beats revenue expectations

Shares of the salad chain surged 35% Friday after the company beat Wall Street's forecast for first-quarter results.

European companies in China are under pressure from slower growth, overcapacity

European companies are finding it harder to make money in China as growth slows and overcapacity pressures increase, according to an annual business survey.

CFPB rule to save Americans $10 billion a year in late fees faces possible last-minute freeze

The credit card regulation is part of President Joe Biden's broader election-year war against what he deems junk fees.

Watch Governor Andrew Bailey speak after the Bank of England's rate decision

Bank of England Governor Andrew Bailey is speaking at a press conference following the U.K. central bank's latest monetary policy decision.

A rare hostile takeover bid in Europe's banking sector has shocked markets

Spanish bank BBVA caught markets by surprise after it announced a rare hostile takeover bid for domestic rival Banco Sabadell.

Stocks making the biggest moves after hours: Airbnb, Robinhood, Arm Holdings, Equinix and more

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

Robinhood climbs after reporting record earnings for first quarter

Shares of the brokerage firm rose after first-quarter results topped Wall Street expectations.
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