Finance

A ‘momentous week’ ahead as the Fed, ECB and Bank of Japan near pivot point

The U.S. Federal Reserve, Bank of Japan and European Central Bank will all announce key interest rate decisions this week,…

Wall Street cut China’s GDP forecast many times this year. One bank adjusted 6 times

BEIJING – International investment firms have changed their China GDP forecasts nearly every month so far this year, with JPMorgan…

Retail bets on zero day options are growing, but they may come at a price

It’s a sophisticated trading strategy that’s becoming more accessible to retail investors. The strategy: Zero days-to-expiration options — which is…

A controversial hack to save on plane tickets carries a ‘super big risk,’ says travel expert

“Skiplagging” is a money hack for travelers looking to save on airline tickets — but travel experts warn the practice…

FTX lobbyist tried to buy Pacific island of Nauru to create a new superspecies, lawsuit says

Sam Bankman-Fried’s younger brother, who was a top lobbyist for failed crypto exchange FTX, considered purchasing the island nation of…

Stocks making the biggest moves midday: Scholastic, AutoNation, Herc, American Express and more

Check out the companies making headlines in midday trading. Scholastic — The publisher jumped about 11.5% after announcing it would…

Cathie Wood says her flagship innovation fund has completely exited China

Ark Invest’s Cathie Wood said her flagship innovation fund has reduced its China exposure to zero as the developing market…

Stocks making the biggest moves premarket: American Express, AutoNation, CSX and more

Check out the companies making headlines before the bell. American Express — American Express slid 3% after posting smaller-than-expected revenue…