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Politics
Price gouging, fraud a top priority for Justice, FTC
People buy items ahead of Hurricane Milton expected landfall in Bradenton, Florida on October 9, 2024.Miguel J. Rodriguez Carrillo | AFP | Getty ImagesAs Hurricane Milton approached landfall in western Florida on Wednesday, the Biden…
How to invest in bonds amid falling interest rates
Lucy Lambriex | Stone | Getty ImagesAs the Federal Reserve cuts interest rates, investors should review their bond portfolio, which could see a boost from dovish Fed policy.The central bank in September kicked off its first easing…
Sweden’s Volvo Cars says deputy CEO to step down as EV demand slows
The Volvo Cars Hill Country dealership on in Austin, Texas.Brandon Bell | Getty Images News | Getty ImagesSwedish automaker Volvo Cars on Wednesday announced deputy CEO Björn Annwall will step down from his current role as part of a…
Swedish battery giant Northvolt says head of main plant to step down
Employees of the State Archaeological Office have hung pictures of finds from a construction trailer during a main archaeological investigation on the Northvolt site. Picture Alliance | Picture Alliance | Getty ImagesSweden's Northvolt…
Bayer shares drop after U.S. court announces review of Monsanto case
Logo and flags of Bayer AG are pictured outside a plant of the German pharmaceutical and chemical maker in Wuppertal, Germany.Wolfgang Rattay | ReutersShares of German life sciences company Bayer fell more than 7% on Wednesday, after a…
Weekly mortgage demand drops as interest rates hit the highest level since
A for sale sign is displayed outside of a home for sale on August 16, 2024 in Los Angeles, California.Patrick T. Fallon | AFP | Getty ImagesAn abrupt turn higher for mortgage interest rates caused weekly demand from both potential…
5 things to know before the stock market opens Wednesday, October 9
Here are five key things investors need to know to start the trading day:1. Landing zoneStocks climbed Tuesday as investors look for signs of a so-called soft landing — the Federal Reserve reining in inflation without damaging the…
China’s Golden Week holiday signals persistent consumer caution
Passengers line up to check in at Chengdu Tianfu International Airport on October 6, 2024 as China's week-long National Day holiday draws to a close.China News Service | China News Service | Getty ImagesBEIJING — China's Golden Week…
China’s property stimulus raises optimism — but more steps are needed for a
A man works at a construction site of a residential skyscraper in Shanghai on November 29, 2016. Chinese household debt has risen at an "alarming" pace as property values have soared, analysts say, raising the risk that a real estate…
HSBC exec says there’s a lot of AI ‘success theater’ in finance
Big technology companies are betting that a new wave of smaller, more precise AI models will be more effective when it comes to the needs of businesses in sectors like law, finance, and health care. Jaap Arriens | NurPhoto via Getty…