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Investing
US retail sales fell in October for the first time in seven months
Americans cut their retail spending in October for the first time since March, with interest rates at a 22-year high.
Retail…
This key US inflation gauge fell last month by the most since 2020
US wholesale inflation cooled off in October, reversing a three-month trend that had seen the cost of energy push up prices, according to data…
Tepper’s Appaloosa dumps Apple stake and loads up on Amazon’s stock
David Tepper’s Appaloosa Management hedge fund raised its stake in Amazon.com Inc. and dropped its stake in Apple Inc., according to a filing with the…
Welcome to the (almost) red-hot bond market
Bonds are heading towards their third consecutive year of losses in what some analysts are calling the worst bear market in history. But…
Soros snaps up tech stocks in Q3, but dumps some of the biggest names, along with Rivian
Soros Fund Management, the investment firm founded by billionaire George Soros, took new positions or bulked up on IPOs and a number of tech names during the…
Cruise broadens suspension of its self-driving cars’ operations, expands safety probe
Autonomous-vehicle company Cruise said Tuesday it has suspended all supervised and manual operations of its self-driving cars and expanded an independent…
Wooing business leaders and avoiding conflict: What’s on Xi’s agenda as the Chinese leader heads to California
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.…
Amazon’s stock reaches a milestone not seen in 19 months
Amazon.com Inc. hit a milestone Tuesday that it hadn’t reached in 19 months. Shares of Amazon
AMZN,
+2.25%
rose 2.2% on Tuesday,…