Finance

Ripple CEO says SEC has lost sight of mission to protect investors

The CEO of blockchain company Ripple has some strong words for the U.S. Securities and Exchange Commission. Brad Garlinghouse told…

Fed’s Mary Daly says it’s ‘too early to declare victory’ on inflation

Tighter monetary policy is helping bring down the pace of inflation but not to a level where policymakers should feel…

‘T-bill and chill’: Why Jack Bogle’s strategy of ‘lazy’ investing is making a comeback

Boring investing is making a comeback. With the meme-stock rally in the rearview mirror and interest rates surging, individual investors…

Nvidia will reportedly sell new chips to China that still meet U.S. rules

BEIJING — U.S. chipmaking giant Nvidia has reportedly found a way to sell high-end chips to Chinese companies — while…

Chinese business database Qichacha passes Beijing’s security test for resuming overseas operations

BEIJING — Chinese business database Qichacha said Friday it passed a data export security assessment that allows the company to…

Startup Li Auto is beating Tesla China’s EV sales

BEIJING — Chinese startup Li Auto sold more cars than Tesla’s China business did in October, according to the China…

Powell says Fed is ‘not confident’ it has done enough to bring inflation down

Federal Reserve Chairman Jerome Powell said Thursday that he and his fellow policymakers are encouraged by the slowing pace of…