Inflation is bad enough. One country is making it even worse
You can quibble over the timing or the size of interest rate hikes, but just about every economist agrees that...
investing
SenseTime’s stock market debut may be spoiled by US-China tensions
The Chinese artificial intelligence startup was supposed to price shares Friday in its initial public offering in Hong Kong, where...
Should retailers like Kohl’s and Macy’s break themselves up?
"The public market is not appreciating Kohl's in its current form," Engine Capital, an activist fund, said in a letter...
Demand for Oil, Gas to Remain Robust for Years, Energy Leaders Say
The leaders of the world’s largest oil companies said Monday that demand for the products they make will remain robust...
Didi’s delisting could spell the end for Chinese stocks on Wall Street
"Didi's repatriation to is a significantly worrying indicator for the larger US-Sino economic relationship," Brock Silvers, chief investment officer at...
U.S. Travel Hit Pandemic High Ahead of Thanksgiving Holiday
Flights have been packed but relatively painless during the week of Thanksgiving, the first major test since airlines took steps...
U.N. warns of ‘colossal’ collapse of Afghan banking system
In a three-page report on Afghanistan's banking and financial system seen by Reuters, the U.N. Development Programme (UNDP) said the...
Oil prices are finally falling. Thank China and Joe Biden
What's happening: West Texas Intermediate futures, the US benchmark for oil prices, and Brent futures, the global benchmark, are now...
Paytm crashes 27% after milestone IPO for India
But Paytm, which started trading in Mumbai on Thursday, spoiled the party: Its shares opened below the 2,150 rupees ($28.60)...
There is no fear on Wall Street. Only greed
It's no wonder then that the CNN Business Fear & Greed Index, which looks at seven gauges of market sentiment,...
Cryptocurrencies rally on Facebook’s ‘Meta’ rebrand
On Saturday, mana, a gaming cryptocurrency used to buy and sell virtual land, surged to a record high of $4.16,...
American Airlines’ Flight Cancellations Are Latest to Disrupt Travel
American Airlines Group Inc. scrubbed more than 1,900 flights over the weekend, the latest in a series of cancellations to...
Wall Street’s $1 trillion club is growing. Don’t pop the champagne
Investors are in celebration mode, too. The S&P 500 and Dow both hit all-time highs on Monday, as Wall Street...
Deutsche Bank Whistleblower Gets $200 Million Bounty for Tip on Libor Misconduct
A whistleblower whose information helped U.S. and U.K. regulators investigate manipulation of global interest-rate benchmarks by Deutsche Bank AG was...
Jamie Dimon says worst of pandemic may soon be over
Dimon said he is not worried about the possibility of inflation heating up in the next few months during a...
Evergrande sells partial bank stake as another debt payment looms
The Chinese real estate developer has agreed to sell off part of its stake in a local bank for nearly...
5 things to know about the Evergrande crisis: A simple breakdown
The coming days and weeks will be critical. While Evergrande has a grace period of up to 30 days on...
Bitcoin falls as crypto gets caught up in Evergrande selloff
The digital currency has dropped 5.7% in the last 24 hours, and was trading at $42,955 per coin as of...
Fears about China’s Evergrande spread to global markets
What's happening: Stocks in Europe tumbled Monday morning after Hong Kong's Hang Seng dropped 3.3%, suffering its worst decline in...
There’s another big risk brewing in China
What's happening: Evergrande, one of China's largest property developers, is in dire straits. It warned this week that it could...
