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Investing
Huawei’s comeback gathers pace as quarterly profit surges
Huawei Technologies’s net profit leapt 564% to 19.65 billion yuan ($2.71 billion) in the first quarter, a regulatory filing by its…
Labor Day isn’t the holiday it once was for China’s workers
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter, which explores what you need to know about the country’s rise and how it impacts the world.…
Justice Dept plans to reschedule marijuana as a lower-risk drug
The Biden administration moved Tuesday to reclassify marijuana as a lower-risk substance, a person familiar with the plans told CNN,…
Binance founder is sentenced to 4 months in prison on money-laundering charges
Changpeng Zhao, the founder of the world’s leading cryptocurrency exchange, was sentenced on Tuesday to four months in prison after…
The spring homebuying season isn’t what it used to be, thanks to the Fed
Spring has undeniably been the best time to put your home on the market. The ideal weather displays homes in the best light and the…
Donald Trump just got another $1.8 billion worth of Trump Media stock
Former President Donald Trump just landed another $1.8 billion worth of stock in the corporate owner of Truth Social.…
Dow closes 570 points lower, capping losing month for stocks ahead of Fed decision
Stocks slipped Tuesday after fresh data raised concerns that inflation will remain sticky.
The Dow fell 571…
HSBC CEO announces surprise retirement
Hong Kong — HSBC has announced its chief executive Noel Quinn will retire — a surprise departure by its hard-nosed leader of five years who has…
When will the Fed begin to cut interest rates? It’s a mystery
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen…
Walmart will close all of its health care clinics
Walmart, the largest retailer in the United States, will close all 51 of its health care centers in six states and end virtual health…