News

Alibaba-backed Xreal, rival to Apple's Vision Pro, claims it's now an AR glasses unicorn

Alibaba-backed augmented reality glasses company Xreal said it received $60 million in new funding, giving the company a valuation of more than $1 billion.

Workers are sour on the job market — but it may not be warranted

Layoffs and unemployment remain quite low by historical standards. So why do workers still feel lousy?

Having too many options can paralyze investors. Here's how you can overcome 'choice overload'

Having too much choice can paralyze good investment decisions via "choice overload."

Zelenskyy's income fell drastically following Russia's invasion, new declaration reveals

The Zelenskyy family income fell almost threefold between 2021 and 2022, according to the declaration on the presidential website.

China's luxury market is bouncing back with new areas of opportunity

As China's luxury sales rebound, industry analysts and financial releases from major brands point to new growth opportunities versus pre-pandemic trends.

China plans to merge 3 bad debt asset managers with its largest sovereign wealth fund, state media reports

Beijing pledged last Monday to strengthen the "inherent stability" of its capital markets and improve market confidence.

Workers are paying to get part of their paychecks early. It's 'payday lending on steroids,' one expert says

"Earned wage access" programs have ballooned in popularity. But some experts and consumer advocates fear their fees can be like those of payday loans.

Stock market to 'nowhere?' Two ETF experts see more trouble ahead in China

Why investors may find it tough to see a growth story in China this year.

Why weakness in small caps may be a short-term setback

The Russell 2000's underperformance so far this year is likely temporary, according to Fairlead Strategies' Katie Stockton.

U.S. and China are working to make the business environment less volatile, Beijing says

China and the U.S. are working toward creating a more predictable environment for businesses, Chinese Commerce Minister Wang Wentao said Friday.

LVMH shares jump 8% as earnings point to luxury sector resilience

LVMH shares jumped more than 8% on Friday morning after the world's largest luxury group posted higher-than-expected sales for 2023 and raised its annual dividend.

JPMorgan Chase shuffles top leaders as race to succeed Jamie Dimon drags on

The top JPMorgan executives involved in the changes are considered frontrunners to succeed Jamie Dimon as CEO.
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