Finance

Consumers are shopping at a supermarket in Qingzhou, China, on June 12, 2024.  Nurphoto | Nurphoto | Getty Images BEIJING — China’s consumer price inflation rose by 0.2% in June from a year ago, missing expectations, while producer prices fell in-line with forecasts, data from the National Bureau of Statistics on Wednesday showed. China’s consumer

Company founder Bill Shufelt (left) and head brewer John Walker pause at the Athletic Brewing’s nonalcoholic brewery and production plant on March 20, 2019 in Stratford, Connecticut. Spencer Platt | Getty Images Leading nonalcoholic brewer Athletic Brewing Company announced Tuesday it’s raised an additional $50 million in equity financing in a round led by General

There’s a 40% chance President Joe Biden will not seek re-election, according to Stifel. Brian Gardner, the firm’s chief Washington policy strategist, is out with a research note that calls it a “make or break week” for the president’s campaign as Congress returns from its Fourth of July recess. “There’s a 60% chance, more likely

In this article MDLZ Follow your favorite stocksCREATE FREE ACCOUNT Tema ETFs has been capitalizing on the risk appetite for weight loss stocks. It is behind the GLP-1, Obesity & Cardiometabolic ETF (HRTS), which is up 26% since its inception last November. The firm’s founder and CEO Maurits Pot thinks the winning weight loss trade

Patchareeporn Sakoolchai | Moment | Getty Images Summer is the season of road trips. A record 70.9 million Americans are expected to travel by car during the July 4th holiday week alone, according to AAA. For some car owners, it might be more financially savvy to rent a vehicle for a road trip than use

In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT JPMorgan’s Marko Kolanovic. Crystal Mercedes | CNBC A top strategist at JPMorgan who was caught offside by the stock market rally is quitting the investment firm. Marko Kolanovic, who served as chief global markets strategist and co-head of global research, is leaving the bank to

One exchange-traded fund is betting on a U.S. manufacturing job resurgence. Tema ETFs CEO and founder Maurits Pot is behind the American Reshoring ETF (RSHO) that focuses on industrials. “Some will call it deglobalization. We’re in the early innings,” Pot told CNBC’s “ETF Edge” this week. “At the heart of it is job creation, manufacturing

Employees work on the assembly line of electric vehicles in a digital automotive factory of Jiangling Motors on May 17, 2024.  Vcg | Visual China Group | Getty Images BEIJING — China hopes to reach an agreement with the European Union soon on the bloc’s planned tariffs for imported Chinese electric cars, the Ministry of

Hong Kong Exchanges and Clearing celebrates the 24th anniversary of its listing on June 21, 2024. China News Service | China News Service | Getty Images BEIJING — The market for initial public offerings in Hong Kong is set to improve significantly over the next five years, starting in the second half of this year,

Federal Reserve Chair Jerome Powell speaks during a press conference following a closed two-day meeting of the Federal Open Market Committee on interest rate policy at the Federal Reserve in Washington, D.C., on Dec. 13, 2023. Kevin Lamarque | Reuters Federal Reserve officials at their June meeting indicated that inflation is moving in the right

Taylor Swift performs on stage during The Eras Tour on June 28, 2024 in Dublin, Ireland.  Charles Mcquillan/tas24 | Getty Images Entertainment | Getty Images Taylor Swift’s European tour was top of mind for Nikita Rao when planning where to go for her family’s annual summer vacation. Rao, her husband and two kids, who live

Pictured here is a stone with tungsten ore inside a mine in Germany run by Saxony Minerals and Exploration. Picture Alliance | Picture Alliance | Getty Images BEIJING — China dominates the supply chain for many of the world’s critical minerals, but so far it’s held off on sweeping restrictions on at least one: tungsten.