Finance

U.S. and China are working to make the business environment less volatile, Beijing says

BEIJING — China and the U.S. are working toward creating a more stable and predictable environment for businesses, Chinese Commerce…

LVMH shares jump over 12% as earnings point to luxury sector resilience

LVMH shares jumped more than 12% on Friday morning, after the world’s largest luxury group posted higher-than-expected sales for 2023…

JPMorgan Chase shuffles top leaders as race to succeed Jamie Dimon drags on

JPMorgan Chase on Thursday said several executives considered front-runners to one day take over for CEO Jamie Dimon had new…

China is ramping up stimulus to boost market confidence — but is it enough?

BEIJING — Expectations for more support from China to boost its economy and stock markets are rising— especially after the…

Klarna to debut $7.99 monthly plan as buy now, pay later firm seeks new revenue sources ahead of IPO

Swedish fintech firm Klarna is launching a monthly subscription plan in the U.S. to lock in its heaviest users ahead…