Category: United States

Investors in China-related assets who had expected a significant easing of COVID curbs were left disappointed this week as the country battles the worst wave of cases since Shanghai’s outbreak earlier this year.  China-related ETFs tumbled this week, with shares of the iShares MSCI China ETF MCHI, -1.82% losing 3.4%. The KraneShares CSI China internet […]

A fire that killed at least 10 people on Thursday in northwestern China’s Urumqi city has led to a new round of protests online and offline, as many expressed anger around the country’s zero-COVID policy.  The fire broke out in a high-rise building and took about three hours to extinguish, according to Xinhua News Agency. […]

Online purchases using the BNPL rose by 13% year-on-year in November, according to Adobe Analytics. That figure does not take into account Thanksgiving or Black Friday spending. “In an uncertain economic environment, a more cautious consumer is embracing more flexible ways to manage their budget,” Adobe ADBE, the software and market-research company, said in a report […]

Being let go from a job is hard, especially at a moment when the cost of living is rising and a recession is looming. This Thanksgiving, tens of thousands of recently laid-off tech workers will be asking themselves: “What’s my next career move?” Tech companies are facing strong headwinds. More than 59,000 people in the industry […]

Recession worries and inflation are taking their toll on Black Friday, but the shopping holiday was still expected to top $ 9 billion in online sales for the first time after initial results were tabulated. Online sales for one of the biggest shopping days of the year were expected to reach $ 9 billion, up […]

“‘Please DO NOT listen to what I’m going to say next: “I would get out of paper assets.” The world economy is not a “Market.” I believe the economy is the biggest bubble in world history. God have mercy on us all.” Those are the latest words of caution from Robert Kiyosaki, the bestselling author […]

You can march through life with a relatively high degree of confidence. You might gain self-worth from your job, kids and friends. But as you age, your confidence level gets tested. You retire and lose your professional identity. Bodily changes might make you question your attractiveness. People close to you die and you’re adrift. Even […]

Stocks opened mixed on Friday at the start of an abbreviated postholiday session, with the Dow clinging to modest gains while the Nasdaq lagged behind and the S&P 500 traded little-changed — but held above the key 4,000 level. How are stocks trading The S&P 500 SPX, +0.08% was marginally lower at 4,025. The Dow […]

Investors will see a shortened session Friday to end a holiday-abbreviated week on Wall Street. U.S. stock exchanges were closed for Thanksgiving Day on Thursday, and reopen only for an abbreviated session on Black Friday, with trading ending at 1 p.m. Eastern. The U.S. bond market was also closed on Thursday. It will also see […]

Pros Generous standard equipment All-wheel drive included Maximum range of 248 miles Performance version’s boost function Powertrain and battery warranties of 10 years/100,000 miles Cons A bit of a learning curve with the technology What’s new? The Genesis GV60 is all-new for 2023 It’s the first all-electric SUV from Genesis Also the first Genesis made […]

Dear Quentin, About four days ago, I received an email from my wife’s bank that someone had requested her login username via a password reset. When I asked my wife about it she said she had forgotten her username, and she was trying to get my stepson access to her online portal so he could […]

Dear Quentin, My father predeceased my mother, and she inherited their second home. My mother willed the house and property to my youngest brother and oldest brother. Neither is able to care for the house or property, and they have given me permission to fix it up and live there.  The deeds are still in […]

Thanksgiving may be a day for feasting with family and friends. But it also proves to be a particularly dangerous occasion, especially because of cooking-related accidents. One of the key culprits? The increasingly popular ritual of frying your holiday turkey. The Insurance Information Institute reports that “Thanksgiving Day is the peak day for fires caused […]

It’s a year for shopping prudently. Americans will spend between $ 942.6 billion and $ 960.4 billion this holiday season, according to projections from the National Retail Federation. That’s up from last year when holiday sales hit a record $ 889.3 billion, the trade association said. However, people are not willing to go as crazy […]

More Americans are unable to put food on the table this Thanksgiving. One in five adults reported household food insecurity in 2022, meaning they were unable to acquire adequate food for one or more family members, according to the Robert Wood Johnson Foundation and Urban Institute. (The White House put that figure at 1 in […]

“The peg no longer makes sense for Hong Kong and it is only a matter of time before it breaks.” — Bill Ackman That was the founder and Chief Executive Officer of Pershing Square, Bill Ackman, who tweeted Wednesday that his hedge fund has “a large notional short position against the Hong Kong dollar” via […]

“How did this dude steal billions of dollars and is now speaking at a summit as a free man? Make it make sense.” That was Twitter user @WSBChairman responding to a late Wednesday tweet by disgraced FTX founder Sam Bankman-Fried, who confirmed that he will participate in the New York Times’ DealBook Summit in November, […]

Perhaps it’s one last dagger, but Binance CEO Changpeng Zhou just could not resist a little dig at the fallen FTX chief executive Sam Bankman-Fried. That’s a reference to the role the cryptocurrency titan known as CZ played in the demise of FTX. He put in motion the seeds for FTX’s collapse when he said […]

South Korea’s central bank has eased the pace of interest-rate increases to curb high inflation, lowering its 2023 growth and inflation forecasts. The Bank of Korea raised the benchmark seven-day repurchase rate by 25 basis points to 3.25% on Thursday, as expected, after an outsized 50-basis-point increase in October. The downshift came as the bank […]

Netflix’s stocking is stuffed to overflowing in December, including a crop of Oscar-contending movies and the return of some fan-favorite series. Following a weeklong “sneak preview” theatrical release in November, “Glass Onion: A Knives Out Mystery” will start streaming on Netflix NFLX, +1.68% on Dec. 23. The sequel to writer/director Rian Johnson’s surprise 2019 hit […]