Browsing: News

Shares of Advance Auto Parts plummeted nearly 30% during premarket trading Wednesday after the company’s first-quarter earnings significantly missed Wall Street’s expectations and executives slashed the…

The CEOs of some of America’s biggest companies are in China this week to take the pulse of one of their top markets after the country…

Mortgage rates shot higher last week, as stronger economic data stoked more fear that the Federal Reserve will not lower interest rates anytime soon. In turn,…

Monzo on Wednesday said it hit profitability for the first time this year, in a major milestone for one of the U.K.’s most prominent digital banks.In…

Members of the billionaire Sackler family will be protected from current and future lawsuits over their role in their Purdue Pharma’s opioid business, a New York…

WASHINGTON — The bipartisan deal struck by Democratic President Joe Biden and Republican House Speaker Kevin McCarthy would extend the debt limit for two years alongside…

JPMorgan Chase & Co CEO Jamie Dimon on Wednesday called for “real engagement” between policymakers in Washington and Beijing, as Sino-U.S. relations continue to fray.Speaking at…

The United States sanctioned more than a dozen Chinese and Mexican companies on Tuesday, accusing them of shipping or selling equipment that makes counterfeit pills, as…

BEIJING — New data show China’s massive property sector is still struggling to turn around, despite signs of recovery earlier this year.”In a reversal from April,…

Hong Kong’s benchmark index entered bear market territory Wednesday on an intraday basis, erasing the rebound gains from China’s reopening.The Hang Seng index hit a session…