Chinese real estate is now seen as the number one source for the next global credit event among investors surveyed by Bank of America Corp., even as President Xi Jinping’s government rolls out stimulus measures to stabilize the world’s second-largest economy’s ailing property sector.
Currency traders are revolting against dovishness in emerging-market central banks, as the prospects of a soft landing in the US raise the stakes for countries considering interest-rate cuts.
Token price manipulation is rampant on Ethereum-based decentralized exchanges, where so-called wash trading amounted to at least $2 billion worth of crytocurrencies since September 2020, according to a study by researcher Solidus Labs.
Apple Inc. unveiled a new smartwatch lineup that the company described as a major environmental milestone: its first carbon neutral products.
It’s not unusual for Wall Street executives to be annoyed by new rules. They rarely make it this obvious.
The dollar is poised to jump with Treasury yields in the coming months as still-elevated inflation will likely push the Federal Reserve toward further policy tightening, says Clifton Hill at Acadian Asset Management.
Apple Inc. introduced its latest iPhones at an event Tuesday, banking on new materials, camera upgrades and improved performance to coax back consumers in a sluggish smartphone market.
Jeffrey Gundlach brushed off a rebuke from retired “bond king” Bill Gross, who said the DoubleLine Capital founder wasn’t up to filling his shoes as the dominant force in the US fixed-income market.
Donald Trump’s two federal trials won’t be on TV next year after a key judicial body didn’t take action to change the rules.
Senate Republicans lined up with Democrats on Tuesday to move forward a federal spending package, isolating House Speaker Kevin McCarthy in an impending government shutdown fight.
