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European shares close at record high; luxury giants rally on China stimulus

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Krisztian Bocsi | Bloomberg | Getty ImagesLONDON — European markets closed at a fresh record high Friday, as stocks tracked higher on news of...
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China needs more than rate cuts to boost economic growth

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A China Resources property under construction in Nanjing, Jiangsu province, China, Sept 24, 2024. Cfoto | Future Publishing | Getty ImagesBEIJING — China's slowing economy...
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China central bank releases slate of support measures amid a deepening economic slump

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Pan Gongsheng, governor of the People's Bank of China, delivers a speech during the 2024 Lujiazui Forum on June 19, 2024 in Shanghai, China.Vcg...
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Stocks are little changed as traders debate how big the Fed’s anticipated rate cut will be: Live updates

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Oil market has likely priced in Fed rate cut: 'We are not expecting fireworks'Oil prices are down nearly 1% with an expected interest rate...
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China’s retail sales and industrial data miss expectations in August

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Pictured here is a shopping mall in Hangzhou, China, on Sept. 9, 2024.Nurphoto | Nurphoto | Getty ImagesBEIJING — China's retail sales, industrial production and urban...
Tech

Huawei launches $2,800 trifold phone hours after Apple debuts iPhone 16

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Richard Yu, a Huawei executive director overseeing consumer products, reveals the price for the company's trifold Mate XT smartphone on Tuesday, Sept. 10, 2024.ScreenshotBEIJING...
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Trump Media shares erase 2024 gains as key DJT sale date nears

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Anna Barclay | Getty ImagesTrump Media shares on Wednesday closed below where they stood at the end of 2023, as the Truth Social maker's...
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Nvidia slides further in post-market trading after plunge that wiped out nearly $300 billion in market cap

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Nvidia CEO Jensen Huang speaks during Computex 2024 in Taipei on June 4, 2024. I-hwa Cheng | AFP | Getty ImagesNvidia shares fell 2% in...
Bussiness

Wall Street analysts say buy the post-earnings dip in Nvidia shares

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Investors may want to consider using the post-earnings weakness in Nvidia to scoop up shares, according to some Wall Street analysts. Shares of Nvidia...
World

‘Vigorous give and take’: U.S. security advisor discusses economic curbs in rare trip to China

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US National Security Advisor Jake Sullivan shakes hands with China's President Xi Jinping during their meeting at the Great Hall of the People in...
Bussiness

FTSE 100 Live 13 August: UK jobs data looks brighter; wages data supports pound; index set to rise

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FTSE 100 rises after slip in unemployment stokes economic hopes and global stocks rebound goes on08:21London’s FTSE 100 is keeping its recovery on track...
Bussiness

Stock futures fall ahead of key inflation and retail data: Live updates

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A trader works on the floor of the New York Stock Exchange. NYSEU.S. equity futures fell on Sunday evening as investors braced for key inflation...
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