China’s investment slump deepened and retail sales growth slowed further in August, while industrial output topped estimates with authorities warning of acute supply-demand imbalance at home. Retail sales grew 0.4% in August from a year earlier, data from National Bureau of Statistics showed on Tuesday, slowing from 0.6% in the prior month and missing economists’…
Brian Moynihan, Chairman and CEO of Bank of America, testifies during a Senate Banking Committee hearing at the Hart Senate Office Building on December 06, 2023 in Washington, DC. Win Mcnamee | Getty Images Bank of America is seeing a far more subdued few months for its Wall Street advisory and trading businesses after a…
President Donald Trump speaks with the new chairman of the Federal Reserve, Kevin Warsh, after a swearing-in ceremony in the East Room of the White House, in Washington, May 22, 2026. Anna Moneymaker | Getty Images Before President Donald Trump reels off angry Truth Social posts if the Federal Reserve hikes rates this week, he…
Check out some of the companies making the biggest moves midday: Mara Holdings — The digital infrastructure provider slid 2% after JPMorgan double-downgraded to underweight from overweight. The bank said competitors have more direct growth and value acceleration opportunities tied to data centers than Mara. Rum Group — The AI infrastructure and video company with…
A sign displays unleaded gasoline and diesel fuel prices at a Shell gas station in San Jose, California, US, on Thursday, Sept. 10, 2026. David Paul Morris | Bloomberg | Getty Images U.S. oil prices are again above $100 per barrel, sending gasoline prices to multi-month highs. But traders on prediction market platforms expect the…
Check out the companies making the biggest moves premarket: Chip stocks — Major chip stocks fell in premarket trading after leaders within the artificial intelligence space, including Anthropic CEO Dario Amodei, called for a slowdown in the development of AI capabilities. Intel slid nearly 6%, Marvell Technology fell over 7.4% and Advanced Micro Devices slipped…
BEIJING — China on Monday pushed back on calls by U.S. AI executives for companies to slow down the development of the cutting-edge technology. “Fear mongering, confrontation, competition will just disrupt [the] process of global AI governance,” Guo Jiakun, a spokesperson for China’s Foreign Ministry, said on Monday, per an English translation published by Reuters….
WASHINGTON, D.C. – A Polymarket media exhibit at their pop-up experience launch shows data relating to potential political candidates popularity on March 20, 2026 in Washington, D.C. (Photo by Alex Kent/The Washington Post via Getty Images) The Washington Post | The Washington Post | Getty Images Prediction-market platforms’ courtship of Wall Street stands to bring…
WASHINGTON, D.C. – A Polymarket media exhibit at their pop-up experience launch shows data relating to potential political candidates popularity on March 20, 2026 in Washington, D.C. (Photo by Alex Kent/The Washington Post via Getty Images) The Washington Post | The Washington Post | Getty Images Prediction markets that rode politics and sports to new…
Chinese corporate earnings are on a tear, giving investors clues on which stock sectors offer untapped returns, according to Goldman Sachs. Nearly half of MSCI China index constituents beat estimates in the second quarter, with IT and healthcare stocks dominating, the firm’s portfolio strategy research team said in a Sept. 7 report. Chinese stocks’ earnings…
