Category: United States

Hong Kong’s morning trading session has been canceled due to a typhoon alert issued by the government, which is currently at signal No. 8. “If typhoon Signal No. 8 or above, or any announcement of extreme conditions, remains issued at 9:00 a.m. (Hong Kong Time), the morning trading sessions for all markets will be canceled,” […]

A private gauge of China’s factory activity swung to expansion in August, thanks to improved supply and market demand. The China Caixin manufacturing purchasing managers index rose to 51.0 in August from 49.2 in July, according to data released Friday by Caixin Media Co. and S&P Global. The rebound came after the index stayed below […]

South Korea’s exports shrank on year for an 11th consecutive month in August amid sluggish global demand, though the pace of decline moderated significantly. Exports fell 8.4% from a year earlier to $ 51.87 billion, following a revised 16.4% drop in July, according to preliminary data released by the country’s trade ministry on Friday. The […]

Nutanix Inc.’s stock shot more than 15% higher in extended trading Thursday after the company reported quarterly revenue that topped analysts’ estimates and issued strong sales guidance. The company’s board also authorized the repurchase of up to $ 350 million in stock. “Our consistent execution over the course of the year against an uncertain macro […]

Dear Quentin, I will try to make a very long story short. At 66, I found out quite by accident via Ancestry.com that my father wasn’t my biological father. Nearly everyone involved is dead now, so getting answers has been difficult. The gist is that when my biological dad (he was 18, my mother 16) […]

Dear Big Move, I’m grappling with the decision to sell my rental property, and I’d appreciate your input. My parents bought properties in their day but always seemed to sell too early and missed out on huge gains. It makes me want to hold on. Here are the key details. I’m 73 years old, though […]

U.S. stock index futures remained higher early Thursday, after the Federal Reserve’s preferred inflation gauge proved largely in line with expectations for July. That leaves investors to look ahead to Friday’s August jobs report. How are stock-index futures trading S&P 500 futures ES00, +0.09% rose 8.50 points, or 0.2%, to 4,532.75. Dow Jones Industrial Average […]

Granted, it was more an accounting quirk rather than hard money entering its coffers, but UBS’s $ 28.88 billion profit in the second quarter was one for the record books. It was reportedly the largest that any bank has ever reported. Also read: UBS reports $ 29 billion profit as it rules out domestic bank […]

There is growing inequality among U.S. states when it comes to worker-friendly policies and laws, according to a new report released ahead of Labor Day. But there’s good news, too: Some states that rank in the middle of Oxfam’s annual index of the best and worst states for workers are making progress. In 2018, the […]

Mortgage rates have surged to 20-year highs of more than 7%, and are poised to rise even further. But buyers of new homes aren’t necessarily feeling the pinch. Higher mortgage rates add hundreds of dollars in extra borrowing costs for an aspiring homeowner looking to purchase a home. But buyers of newly built homes are […]

The U.S. Drug Enforcement Administration is reviewing a recommendation from the Department of Health and Human Services to reclassify cannabis as a Schedule III controlled substance under U.S. law in a move that sparked a rally by cannabis stocks on Wednesday. The historic move — more than 50 years after the Schedule I designation — […]

Canopy Growth issued 15.2 million common shares to Les Serres Stephane Bertrand as part of an amended agreement for the Canadian cannabis company to buy a 45% stake in Les Serres Vert Cannabis. Canopy Growth WEED, +9.09% CGC, +13.24% owns 55% of Les Serres Vert Cannabis. If the deal is completed, Canopy Growth will own […]

Gold futures settled at their highest price since early August on Wednesday, buoyed by some weakness in the U.S. dollar and Treasury yields, as traders awaited more data on the U.S. labor market. Price action Gold futures for December delivery GC00, +0.34% GCZ23, +0.34% gained $ 7.90, or 0.4%, to settle at $ 1,973 per […]

A trade that blew up in the market’s face nearly six years ago, saddling investors with billions of dollars of losses, is making a comeback in 2023. The so-called short volatility trade has become a moneymaker for systematic funds in 2023, according to data compiled by Rocky Fishman, founder of Asym 500, a research shop […]

U.S. stock index futures were slightly higher early Wednesday as more data suggesting slower economic growth supported the notion that the Federal Reserve may not raise interest rates further. How are stock-index futures trading S&P 500 futures ES00, +0.06% gained 2.3% points, or 0.1%, to 4508 Dow Jones Industrial Average futures YM00, +0.22% rose 32 […]

Here are the day’s biggest movers: Stock gainers: VinFast Auto VFS, -43.84%, the Vietnam electric vehicle maker with a small float, rose 10% in premarket trade after skidding 44% on Tuesday.

Global dividends rose 4.9% to a record $ 568 billion in the second quarter, but the pace of growth in the U.S. slowed for the sixth consecutive quarter after some high- profile technology and financial groups trimmed their payouts. In its quarterly survey of the world’s 1,200 biggest public companies by market value, U.K.-based fund […]

Bank of Japan policy board member Naoki Tamura said Wednesday that the central bank’s goal for sustainable 2% inflation appears to be finally in sight after a decade of monetary easing. “I expect to have further clarity [on whether the bank can achieve the goal] around the January-March quarter next year based on the momentum […]

While many companies are stuck in an ongoing tug-of-war with employees over returning to the office, Amazon.com Inc. Chief Executive Andy Jassy appears to have run out of patience. Insider reported Tuesday that Jassy told Amazon workers earlier this month that it was basically his way or the highway. Earlier this year, Amazon AMZN, +1.33% […]

The U.S. Transportation Security Administration expects to screen more than 14 million people at airports during the Labor Day holiday weekend, with Friday projected to be the busiest day. Arrive early and “pack your patience,” TSA administrator David Pekoske said Tuesday. The TSA said it expects nearly 3 million air travelers at airports’ security checkpoints […]