China needs to boost its tech sector more than ever. How to play it

Chinese tech companies raced to launch new products in a week that saw Beijing double down on its calls to support artificial intelligence. An obscure Chinese startup that goes by the name Monica on Wednesday announced an invite-only AI application called Manus that...

‘We don’t believe in the velvet rope:’ One money manager is giving retail investors access to private credit. But is it worth it?

They’re generally reserved for the ultrawealthy and financial institutions.But the exchange-traded fund industry is looking to give retail investors more access to alternative investments including private credit.BondBloxx’s Joanna Gallegos thinks...

Powell says Fed is awaiting ‘greater clarity’ on Trump policies before making next move on rates

Jerome Powell, chairman of the US Federal Reserve, speaks during the University Of Chicago Booth School Of Business Monetary Policy Forum in New York, US, on Friday, March 7, 2025. Yuki Iwamura | Bloomberg | Getty ImagesNEW YORK — Federal Reserve Chairman Jerome...

Stocks making the biggest moves midday: Costco, Tesla, Broadcom, Gap, Samsara and more

Check out the companies making headlines in midday trading: Costco — Shares shed nearly 7% after the retail giant’s earnings for the second quarter missed Wall Street estimates. Costco reported earnings of $4.02 per share for the period, below the $4.11 per...

Sen. Blumenthal asks Visa for records of its payments deal with Elon Musk’s X

Senator Richard Blumenthal, D-CT, speaks during a Senate Judiciary Committee hearing on the January 6th insurrection, in the Hart Senate Office Building on Capitol Hill in Washington, DC, March 2, 2021.Graeme Jennings | Pool via ReutersSen. Richard Blumenthal this...

Passive investing movement gets its Hollywood moment

A new documentary titled “Tune Out The Noise” brings together some of the academic heavyweights whose work reshaped the financial industry and helped lower costs for all investors. The film, made by Academy Award-winning documentarian Errol Morris,...

Stocks making the biggest moves premarket: Walgreens, Broadcom, Gap, Hewlett Packard Enterprise and more

Check out the companies making headlines before the bell. Broadcom — Shares of the chipmaker jumped 10% after the company’s fiscal first-quarter results beat Wall Street’s estimates on both the top and bottom lines. Broadcom also issued rosy guidance for...

DOGE layoffs may ‘overwhelm’ unemployment system for federal workers, report finds

President Donald Trump listens during a Cabinet meeting at the White House on Feb. 26, 2025.Andrew Harnik | Getty Images News | Getty ImagesThe Trump administration’s purge of federal staff may flood an unemployment benefits system ill-equipped to handle the...

China calls for ‘peaceful coexistence’ with the U.S. despite differences

Chinese Minister of Foreign Affairs Wang Yi speaks during the 2023 Munich Security Conference in Germany on February 18, 2023.Johannes Simon | Getty Images News | Getty ImagesBEIJING — China’s Minister of Foreign Affairs Wang Yi struck a more conciliatory tone...

Stocks making the biggest moves after hours: Gap, Broadcom, Hewlett Packard Enterprise, Samsara and more

Check out the companies making headlines in extended trading. Hewlett Packard Enterprise — Shares tanked 17% in extended trading. Hewlett Packard Enterprise issued weak guidance for the fiscal second quarter, calling for adjusted earnings to range from 28 cents to 34...