Finance

China’s consumer spending isn’t roaring back to pre-pandemic levels yet

BEIJING — China’s consumer spending still isn’t growing as fast as it did before the pandemic, analysts said. Retail sales…

Lawmakers take aim at credit card interest rates, fees as cardholder debt tops $1 trillion

Some lawmakers and regulators are calling for interest rate caps and lower fees on credit cards as debt levels march…

Stocks making the biggest moves midday: Block, Truist, PepsiCo, Rivian and more

Check out the companies making headlines in midday trading. Skechers — The shoe company gained 1.6% after UBS reiterated its…

Paul Tudor Jones says it’s hard to like stocks given geopolitical risks, weak U.S. fiscal position

Billionaire hedge fund manager Paul Tudor Jones said Tuesday it’s extremely tough to be an investor in risk assets amid escalating geopolitical…

Housing industry urges Powell to stop raising interest rates or risk an economic hard landing

Top real estate and banking officials are calling on the Federal Reserve to stop raising interest rates as the industry…

Stocks making the biggest moves premarket: Palantir, PepsiCo, Rivian and more

Check out the companies making headlines in premarket trading. Palantir Technologies — Shares of the data analytics company added 2.3%…

Consumers starting to buckle for first time in a decade, former Walmart U.S. CEO Bill Simon warns

The draw of bargains may be fading. As three of the nation’s biggest retailers kick off a key sales week,…

Stocks making the biggest moves midday: General Dynamics, United Airlines, Spotify and more

Check out the companies making headlines in midday trading. Spotify — Shares of the music streaming service company fell 2.5%…

Stocks making the biggest moves premarket: Exxon Mobil, Lockheed Martin, Walt Disney and more

Check out the companies making headlines before the bell: Walt Disney — Shares of the media giant rose more than…