Finance

China kicks off the year on strong note as retail, industrial data tops expectations

BEIJING —  China’s economic data for the first two months of the year beat analysts’ expectations across the board on…

Bitcoin may start to lose its reputation as a volatile asset. Here’s why

Bitcoin may start to lose its reputation as a volatile asset. According to Bitwise Asset Management’s Matt Hougan, the cryptocurrency’s…

Bitcoin shows its volatility once again in steep overnight decline, now back below $70,000

Bitcoin suffered a steep drop in overnight trading, showing that the world’s largest cryptocurrency hasn’t shaken its tendency for big…

Biden’s ‘billionaire tax’ takes aim at the super-rich — but can a wealth tax work in reality?

Calls for a wealth tax on the world’s super-rich are once again gaining attention after U.S. President Joe Biden said…

Morgan Stanley names a head of artificial intelligence as Wall Street leans into AI

Morgan Stanley promoted a tech executive in its wealth management division to become the bank’s first head of firm-wide artificial…