Finance

Wise shares spike 16% as higher interest rates help fintech triple profits

Online money transfer firm Wise’s shares soared 16% Tuesday as the company reported a spike in profits thanks to rising…

Malaysia’s sovereign wealth fund seeks greater portfolio resilience in volatile markets

Malaysia’s sovereign wealth fund Khazanah Nasional is rebalancing its investment portfolio for greater resilience against market volatility, according to its…

China’s economy is set to grow faster in the second quarter, Premier Li Qiang says

BEIJING — Chinese Premier Li Qiang said Tuesday his country was still on track to reach its annual growth target…

Stocks making the biggest moves midday: Pfizer, Lucid, WSFS Financial and more

Check out the companies making headlines in midday trading. Lucid Group — Lucid shares jumped 9% after the electric-vehicle maker…

Publishers Clearing House to refund customers $18.5 million in FTC settlement for ‘deceptive’ practices

Publishers Clearing House will refund $18.5 million to customers and make changes to its online business practices as part of…

Stocks making the biggest premarket moves: Tesla, Moderna, Alphabet, PacWest and more

Check out the companies making the biggest moves in premarket trading. Tesla — Shares dropped 1.9% after Goldman Sachs became…

Bitcoin is up 12% this month — even though barely anybody is trading it

Bitcoin has rallied sharply this month — but not for reasons you might think. The world’s largest digital currency has…

Bricks over bytes: New hard asset ETF places big bet on real estate

A new ETF is making a big bet on real estate and other hard assets. CBRE’s Investment Management launched the…

How many credit cards should you have? The answer isn’t zero, say experts

Who’d think a little plastic rectangle could be associated with so much mystery and angst? When it comes to credit…