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Investing
Janet Yellen to deliver major speech detailing US economic strategy toward Indo-Pacific
At a moment of elevated geopolitical danger, Treasury Secretary Janet Yellen plans to deliver a major speech on Thursday mapping out the Biden…
Pinterest’s stock surges 16% on jump in revenue, earnings
Pinterest Inc.’s stock popped nearly 16% in extended trading Monday after it reported quarterly results that topped analysts’ revenue and earnings estimates.…
China’s factory activity unexpectedly contracts in October as demand drops
China’s massive manufacturing sector has contracted once again amid weak demand, fueling calls for stronger policy support to boost growth.…
Wolfspeed’s stock rallies as company notches smaller loss than expected
Wolfspeed Inc. shares surged nearly 13% in after-hours trading Monday after the silicon-carbide company forecast a slimmer-than-expected loss for its ongoing…
Canada bans China’s Wechat from government devices citing security risks
Canada has banned Chinese super-app WeChat on official government devices citing cybersecurity risks, following similar action taken against…
Opinion: Sluggish EV and auto sales could continue next year, based on what these chip makers just said
A couple of lesser-known chip companies and a battery maker have confirmed growing fears among investors about the slowdown in electric-vehicle and overall…
Facebook and Instagram users in Europe can now opt out of ads — for a price
Instagram and Facebook users in Europe now have a choice to opt out of targeted ads if they pay for a monthly subscription.…
Treasury set to borrow $776 billion next quarter, the most ever borrowed in the fourth quarter
The US Treasury Department said it expects to borrow $776 billion in the final quarter of this year, the most the government has ever borrowed…
Hollywood actors and major studios make progress in talks, signaling possible deal on horizon to end strike
It appears the actors’ strike is approaching its final scene.
SAG-AFTRA, the union that represents more than 150,000 Hollywood…