Finance

Is China heading for Japan-like stagnation? Economist says the worst is likely behind us

BEIJING — China’s economic recovery from the pandemic is set to broaden, meaning the country isn’t headed toward Japan-style stagnation…

IMF chief says there’s no significant slowdown in lending and the Fed may need to do more

The International Monetary Fund has yet to see enough banks pulling back on lending that would cause the U.S. Federal…

‘Not just a fad’: Firm launches fund designed to capitalize on A.I. boom

A major ETF firm provider is betting the artificial intelligence boom is just starting. Roundhill Investments launched the Generative AI…

Time is running out to repay Covid-era 401(k), IRA withdrawals — and claim a tax refund

Retirement savers who withdrew money from their accounts in the early days of the Covid-19 pandemic may have just days…

Crypto bill from Republicans lays out clear roles for SEC and CFTC

Republican lawmakers released a draft bill on Friday that would provide crypto assets and exchanges a clearer regulatory plan, allowing…

Stocks making the biggest moves midday: Lululemon, SentinelOne, T-Mobile, MongoDB and more

Check out the companies making headlines in midday trading. Lululemon — The athleisure apparel company rallied 11.3% on strong fiscal…

Why wealthy Americans love UBS, the secretive Swiss banking giant

With its $3.2 billion acquisition of Credit Suisse, UBS is poised to climb the ranks of global mega banks. UBS…

Stocks making the biggest moves premarket: SentinelOne, Lululemon, Dupont and more

Check out the companies making headlines in early morning trading. MongoDB — The data developer platform stock surged 27% after the…

Chinese EV startup Li Auto says car deliveries more than doubled in May

BEIJING — Chinese electric car startup Li Auto said it delivered more than twice as many cars in May versus…