GME jumps as trader ‘Roaring Kitty’ who drove meme craze posts again
A man passes by a GameStop location on 6th Avenue in New York, March 23, 2021. View Press | Corbis News | Getty Images GameStop shares rallied more than 37% …
Stock markets
House buyers in China’s Tianjin have been waiting 8 years for their homes
People wait at the train station of Wu Qing, Tianjin, on January 8, 2016. Fred Dufour | Afp | Getty Images BEIJING — A group of around 1,500 homebuyers in …
Inflation ETF may be in a sweet spot even if Fed cuts rates
It’s an exchange-traded fund designed to profit from higher rates. But even if the Federal Reserve starts to cut this year, Horizon Kinetics’ James Davolos thinks his firm’s Inflation Beneficiaries …
Bronze bust of the late Charlie Munger wowed crowd in Omaha at Berkshire meeting
Artist Yu Shu creates sculptures of Charlie Munger. Courtesy: Yu Shu OMAHA, Neb. — A 24-inch tall, bronze bust sculpture of the late Charlie Munger became a conversation piece for …
Booming luxury travel and a jump in ‘relief’ loans
At American Express, consumers are continuing to open high-fee credit cards and splurge on luxuries like travel. But for lending firm Upstart, there’s a strong interest in microloans as cash-strapped …
Earnings from Home Depot, Alibaba, Walmart
CNBC’s Jim Cramer on Friday guided investors through next week’s market action, telling them to pay attention to a number of earnings reports, including Home Depot, Alibaba and Walmart. He …
Jim Simons, billionaire quantitative investing pioneer who generated eye-popping returns, dies at 86
Jim Simons attends the IAS Einstein Gala at Pier 60 at Chelsea Piers in New York City. Sylvain Gaboury | Patrick Mcmullan | Getty Images Jim Simons, a mathematician who …
European companies in China are under pressure from slower growth, overcapacity
A robot is producing auto parts on the production line of an auto parts company in Minhou County, Fuzhou, China, on May 7, 2024. Nurphoto | Nurphoto | Getty Images …
China’s imports jump 8.4% in April, exceeding expectations
Containers sit at the Yangshan Port in Shanghai, China, Aug. 6, 2019. Aly Song | Reuters BEIJING — China’s customs agency released data Thursday that showed exports rose in-line with …
Why tech is outperforming markets despite higher interest rates
There may be a case to bet on technology stocks, even if interest rates remain higher for longer. While conventional wisdom suggests high rates should punish the group, investors still …