UBS to pay $1.4 billion over fraud in residential mortgage-backed securities
Swiss bank UBS agreed to pay a combined $1.4 billion in civil penalties over fraud and misconduct in its offering…
Stocks making the biggest moves midday: AMC, U.S. Steel, PayPal, Tesla and more
Check out the companies making headlines in midday trading. AMC — Shares of the movie theater stock sank almost 35%…
Stocks making the biggest moves before the bell: U.S. Steel, Tesla, Urban Outfitters and more
Check out the companies making headlines in premarket trading. U.S. Steel — Shares of the steel producer surged more than…
China’s economic challenges gather steam as new loans plunge, property fears loom
BEIJING – China’s economy is running into more challenges. Credit data for July released Friday showed a slump in demand…
New trading tech doesn’t alter long-standing investment fundamentals, best-selling financial author William Bernstein suggests
Advancements in investment products and trading platforms haven’t altered long-standing investing fundamentals, according to neurologist and best-selling financial author William…
Stocks making the biggest moves midday: News Corp, Alibaba, Applied Materials and more
Check out the companies making headlines in midday trading. News Corp — The media company’s shares jumped nearly 7% after…
Stocks making the biggest moves premarket: Six Flags, UBS, IonQ, Archer Aviation and more
Check out the companies making headlines in premarket trading. UBS — Stock in the Swiss bank ticked up 4.6% before…
‘Dangerous point for investors’: Strategist warns of overconfidence about A.I.
Market participants are “overconfident” about their ability to predict the long-term effects of artificial intelligence, according to Mike Coop, chief…
Chinese tech giant Huawei reports tepid consumer revenue growth for the first half of 2023
BEIJING — Chinese tech giant Huawei on Friday reported 2.2% year-on-year growth in its consumer business revenue for the first…
