Finance

Fed minutes point to ‘likely’ rate cut coming in September

Federal Reserve officials at their July meeting moved closer to a long-awaited interest rate reduction, but stopped short while indicating that a…

The explosion of online sports betting is taking a toll on how people invest

The explosion of online sports betting is taking a toll on personal finances, particularly among those who are financially distressed.…

China’s new rules are worrying insiders about how far Beijing will go on controlling critical metals

BEIJING — China’s latest export controls has rattled insiders of the critical minerals industry, and some are concerned that Beijing…

JD.com leads losses in Hong Kong, falling 10% after Walmart confirms stake sale

Shares of Chinese e-commerce giant JD.com plunged 10% on Wednesday in Hong Kong after U.S. retailer Walmart confirmed it will…

How EVs and gasoline cars compare on total cost — where you live can make a huge difference

Electric vehicles may save consumers money over the long term relative to traditional gasoline-powered cars. While EVs still tend to…

‘Britain’s Bill Gates’: Who is Mike Lynch, the UK tech entrepreneur missing after superyacht sinks?

LONDON — British technology entrepreneur Mike Lynch was acquitted of fraud charges in June in a landmark trial over allegations…