Finance

JPMorgan Chase profit falls after $2.9 billion fee from regional bank rescues

JPMorgan Chase said Friday that fourth-quarter profit declined after paying a $2.9 billion fee tied to the government seizures of…

Chinese rival to Apple’s Vision Pro raises $70 million, doubles down on new strategy to win consumers

BEIJING — Chinese augmented reality glasses and software company Rokid this week announced it raised 500 million yuan ($70 million)…

China’s annual exports drop for the first time in seven years

BEIJING — China’s annual exports fell for the first time in seven years in 2023, even as shipments in December…

Here’s the inflation breakdown for December 2023 — in one chart

The annual inflation rate edged higher in December following two months of declines. However, that reversal likely isn’t cause for…

Here’s what a bitcoin ETF actually means for investors

The U.S. Securities and Exchange Commission just approved the first-ever batch of spot bitcoin exchange-traded funds to come out of…

Coinbase, Robinhood shares are lower despite bitcoin ETF approval

Shares of Coinbase and Robinhood were lower Thursday as traders weigh how the approval of bitcoin exchange-traded funds in the…

China says the U.S. has ‘weaponized’ chip export controls

BEIJING — China’s Ministry of Commerce said Thursday the U.S. is weaponizing export controls and using them as a tool.…

China will make foreign investment easier, vice premier tells foreign executives

BEIJING — Chinese Vice Premier He Lifeng met with global financial executives Wednesday and pledged to make it easier for…