Financial News

Corporate earnings releases are picking up on a few bright spots for China’s consumer in a competitive market where people are less willing to spend.

The Federal Reserve on Wednesday released minutes from its July 25-26 policy meeting.

Fitch Ratings warned that U.S. banks have inched closer to sweeping rating downgrades on dozens of lenders, including JPMorgan Chase and Bank of America.

Economist surveyed by Reuters had expected the world’s third-largest economy to post 3.1% growth in the April-June quarter.

New Delhi’s growing rivalry with China, is also seen as influencing its strategic calculation to strengthen its presence. 

Nvidia’s graphics chips have proven to be the best for training artificial intelligence models, and clients can’t get enough of them.

Gold prices may set new all-time highs in 2024 on the back of a peak in interest rates, looming recessionary fears and higher consumer demand, analysts say.

Two years after Evergrande’s debt troubles, worries about China’s real estate sector are coming to the forefront again.

Moody’s on Monday cut the credit ratings of a host of small and mid-sized U.S. banks and placed several Wall Street big names on negative review.

Zach Kirkhorn, Tesla’s chief financial officer, stepped down from his role but will remain with the company through the end of the year.