Finance

ETFs are on pace to break record annual inflows, but this wild card could change it all

Exchange-traded fund inflows have already topped monthly records in 2024, and managers think inflows could see an impact from the…

3 ways Wall Street’s largest banks are leveraging AI to increase profitability

Big banks are jumping headfirst into the AI race.

U.S. job market slows, but it’s not yet a ‘three-alarm fire,’ economist says

The U.S. job market is cooling at a worrisome rate but not to an extent that warrants panic — at…

China should focus on fighting deflationary pressure, former central bank governor says

SHANGHAI — China’s policymakers need to focus on boosting domestic demand, Yi Gang, former head of the People’s Bank of…

7-Eleven’s parent company rejects $38.6 billion takeover bid, says offer ‘grossly undervalues’ company

Seven & i Holdings has rejected the takeover offer from Canadian convenience store operator Alimentation Couche-Tard, saying the offer “is…

China’s wealthy are increasingly looking overseas for business investment opportunities

BEIJING — China’s wealthy are increasingly looking for ways to move capital outside the mainland to pursue business opportunities, rather…

How high earners can funnel money to a Roth IRA, the ‘gold standard’ of retirement accounts

You’d think earning more would make it easier to boost retirement savings. But high earners may find it tricky to…