Finance

An investor watches a board showing stock information at a brokerage office in Beijing, China. Jason Lee | AP BEIJING — Chinese stocks will likely climb by at least 10% in coming days as authorities signal concerted support efforts, said Marko Papic, partner and chief strategist at Clocktower Group. Papic pointed in particular to Bloomberg’s

Neel Kashkari, president and chief executive officer of the Federal Reserve Bank of Minneapolis, during an interview in New York, US, on Tuesday, Nov. 7, 2023. Victor J. Blue | Bloomberg | Getty Images Interest rates running at their highest levels in about 23 years are not hurting the economy and could buy policymakers more

Izusek | E+ | Getty Images Checking a bag at the airport has gotten pricier for travelers — and harder to avoid. A checked bag is one stored in a plane’s cargo hold during a flight. While that service was free in years past, it’s now standard for major airlines to charge for checked bags,

Fabrice Coffrini | Afp | Getty Images Swiss banking giant UBS on Tuesday narrowly beat fourth-quarter earnings expectations and announced that it would recommence share buybacks worth up to $1 billion in the second half of the year. The group posted a net loss attributable to shareholders of $279 million for the quarter. Analysts polled

Ken Griffin, CEO of Citadel, at CNBC’s Delivering Alpha on Sept. 28, 2022. Scott Mlyn | CNBC Billionaire investor Ken Griffin’s flagship hedge fund rose last month as volatility made a return amid the debate about rate cuts, according to a person familiar with the returns. Citadel’s multistrategy flagship Wellington fund climbed 1.9% in January, following

A trader reacts as a screen displays the Fed rate announcement on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 31, 2024.  Brendan McDermid | Reuters The U.S. stock market is in a “very dangerous” spot as persistently strong jobs numbers and wage growth suggest the Federal Reserve’s

Federal Reserve Chair Jerome Powell holds a press conference following the release of the Fed’s interest rate policy decision at the Federal Reserve in Washington, U.S., January 31, 2024.  Evelyn Hockstein | Reuters Federal Reserve Chair Jerome Powell vowed in an interview aired Sunday that the central bank will proceed carefully with interest rate cuts

In this article Follow your favorite stocksCREATE FREE ACCOUNT Big Tech’s market dominance may push more investors to equal-weight exchange-traded funds, according to VettaFi’s Todd Rosenbluth. “Investors are getting nervous that too much money is concentrated in a handful of stocks within the broader ETFs that they have available that [are] tied to the S&P

Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. Aly Song | Reuters BEIJING — More U.S. companies are finding it harder to make money in China than before the pandemic, raising concerns that businesses may not stay long. According

In this article GS Follow your favorite stocksCREATE FREE ACCOUNT Omar Marques | Lightrocket | Getty Images Goldman Sachs abandoned an ill-fated push into consumer banking in late 2022, but an investment in a Texas energy retailer means its reach into American homes is about to grow. Rhythm Energy, a Houston-based electricity provider overseen and

Kathrin Ziegler | Digitalvision | Getty Images “Sorry I am dead.” This is how Doug Boneparth, a certified financial planner, starts what he calls a “death note” to his wife, Heather. Such a document, he says, is distinct from other estate-planning cornerstones like drafting a will, which lays out one’s wishes for how to distribute

Tristan Fewings/Getty Images LONDON — Superdry shares soared more than 100% on Friday, as the embattled British fashion retailer confirmed that co-founder and CEO Julian Dunkerton is considering taking it private. The stock peaked at 48.55 pence per share shortly before 11 a.m. London time and was last trading at around 46p per share. A