News

While Tesla's Model Y was the best-selling purely battery-powered car in China for the six months ending in November, BYD accounted for four of the top 10.

Seven states are enrolling workers in so-called auto-IRA programs to address a gap in 401(k) coverage and savings. More are scheduled to come on line.

Cliff Asness' longest running multistrategy fund at AQR Capital Management returned 18.5% last year, net of fees.

Billionaire investor Ken Griffin's various hedge fund strategists all posted double-digit returns for 2023, but they failed to beat the broader market.

By 1 p.m. London time on Thursday, the average FTSE 100 CEO will have earned more this year than the median full-time worker's annual salary.

It's been a tumultuous 12 months for Alibaba, casting doubt on the future of the tech giant just as artificial intelligence is taking off.

It's a level not seen since George W. Bush was president. Bianco Research's Jim Bianco sees the 10-year Treasury yield hitting 5.5% this year.

The Federal Reserve on Wednesday released minutes from its Dec. 12-13 policy meeting.

The U.S. central bank expects to cut rates three times in 2024. Investors can lock in CD rates now, while bonds are poised for a pop.

"We're making real progress," Barkin, a voting member this year on the rate-setting Federal Open Market Committee, said in prepared remarks.

Steve Eisman of Neuberger Berman sees little tolerance for things going wrong. He warns the Federal Reserve will likely cut rates fewer times than expected.

In 2022, Tesla produced 1.37 million vehicles, fewer than BYD's 1.88 million.