Money & Markets
China cuts key interest rate in latest move to boost its ailing property sectorChina's central bank has cut its five-year loan prime rate while leaving its one-year rate unchanged
Updated February 20, 20243 min read
China's central bank has cut its five-year loan prime rate while leaving its one-year rate unchanged
The Singapore Airshow – Asia's largest – kicks off Tuesday with an array of aerial displays including some by China’s COMAC C919 narrow-body airliner
Capital One is betting that Americans will continue to increasingly use their credit cards and keep balances on those accounts to collect interest
The European Union is looking into whether TikTok has broken the bloc’s strict new digital rules for cleaning up social media and keeping internet users safe
Asian shares are trading mixed a day after Chinese markets reopened from a long Lunar New Year holiday
A lot people think Google searches are getting worse
Amazon is arguing in a legal filing that the 88-year-old National Labor Relations Board is unconstitutional
Stocks slipped to send Wall Street to a rare losing week, just its second in the last 16
Several exclusive Xbox games will be soon making their way to rival consoles
The Biden administration is easing its restrictions on banking giant Wells Fargo, saying the bank has sufficiently fixed its toxic culture after years of scandals
The average long-term U.S. mortgage rate rose this week to its highest level in 10 weeks, a setback for prospective homebuyers ahead of the spring homebuying season
Auto workers held waves of walkouts
Elon Musk is looking to move the legal home of SpaceX to Texas from Delaware after a judge in that state voided the billionaire’s $55.8 billion Tesla pay package
Fewer Americans filed for jobless claims last week as the labor market continues to show resilience in the face of elevated interest rates
Stellantis CEO Carlos Tavares has his attention fixed on Chinese competitors as the automaker’s launch of its electric vehicle strategy begins in earnest
Shares in Asia are higher, with Japan's benchmark Nikkei 225 index approaching a record high
Japan's economy is now the world’s fourth-largest after it contracted in the last quarter of 2023 and fell behind Germany
Real estate data firm CoStar Group is moving its headquarters from Washington, D
Lyft shares jumped 62% after the bell Tuesday thanks in part to a typo in the ride-hailing company’s earnings release that sent investors’ auto-trading algorithms — also known as “bots” — into a buying frenzy
Valentine's Day is meant to celebrate romance and the depths of feeling we have for loved ones
Japanese electronics and entertainment company Sony’s profit rose 13% in October-December on growing sales of music, image sensors and video games
Shares are higher in Asia after Wall Street stocks recovered much of their sharp losses from a day before
The generative artificial intelligence boom has led to the emergence of more companion chatbots
Valentine's Day is meant to celebrate romance and the depths of feeling we have for loved ones