Finance

A man looks at his smartphone inside a mall in Beijing on August 15, 2023. Greg Baker | Afp | Getty Images BEIJING — Without more stimulus, China is increasingly likely to miss its growth target of around 5% this year, economists said. The country on Tuesday suspended releases of data on youth unemployment, which

The New York Stock Exchange welcomes executives and guests of Cava in celebration of its initial public offering, June 15, 2023. NYSE Check out the companies making headlines in extended trading. H&R Block — The tax preparer rose nearly 5.9% after posting quarterly earnings per share of $2.05 that beat Wall Street’s expectations of $1.88,

A man wearing a mask walks past a Nvidia logo in Taipei, Taiwan. Sopa Images | Lightrocket | Getty Images Check out the companies making headlines in midday trading. Banks — Major Wall Street banks slid during midday trading after CNBC reported Tuesday that Fitch Ratings may once again downgrade the health of the banking

In this article JPM BAC Follow your favorite stocksCREATE FREE ACCOUNT A sign for the financial agency Fitch Ratings on a building at the Canary Wharf business and shopping district in London, U.K., on Thursday, March 1, 2012. Matt Lloyd | Bloomberg | Getty Images A Fitch Ratings analyst warned that the U.S. banking industry

China’s massive real estate market has struggled after decades of debt-fueled, rapid growth. Bloomberg | Bloomberg | Getty Images BEIJING — China reported July data that broadly missed expectations. The National Bureau of Statistics report also did not include the unemployment figure for young people, which has soared to record highs in recent months. Retail

In this article UBSG-CH UBS Follow your favorite stocksCREATE FREE ACCOUNT General view of the UBS building in Manhattan, New York, June 5, 2023. Eduardo Munoz Alvarez | View Press | Corbis News | Getty Images Swiss bank UBS agreed to pay a combined $1.4 billion in civil penalties over fraud and misconduct in its

A woman walks at the Bund in front of the financial district of Pudong in Shanghai, China. Aly Song | Reuters BEIJING – China’s economy is running into more challenges. Credit data for July released Friday showed a slump in demand from businesses and households to borrow money for the future. Real estate problems persist

The U.S. and Chinese flags hang outside the Goldman Sachs headquarters in New York on Dec. 16, 2008. Chris Hondros | Getty Images News | Getty Images BEIJING — The Biden administration’s long-awaited executive order on U.S. investments in Chinese companies leaves open plenty of questions on how it will be implemented. Its 45-day public

The logos of Swiss banks Credit Suisse and UBS on March 16, 2023 in Zurich, Switzerland. Arnd Wiegmann | Getty Images News | Getty Images UBS on Friday said that it has ended a 9 billion Swiss franc ($10.27 billion) loss protection agreement and a 100 billion Swiss franc publicly liquidity backstop that were put

Advancements in investment products and trading platforms haven’t altered long-standing investing fundamentals, according to neurologist and best-selling financial author William Bernstein. Bernstein, who released the second edition of his 21-year-old classic investment guidebook “The Four Pillars of Investing” this summer, joined CNBC’s Bob Pisani on “ETF Edge” this week. The first pillar of investing according