Finance

Berkshire Hathaway dumps $2.3 billion of Bank of America shares in a 6-day sale

Berkshire Hathaway dumped more Bank of America shares this week, making it six straight trading days that Warren Buffett’s conglomerate…

China to use ultra-long bonds for consumer, trade-in policy support as worries about retail sales slump grow

SHANGHAI — China on Thursday announced its most targeted measures yet for boosting consumption, which has remained lackluster since the…

Britain will soon lay out new plans to regulate ‘buy now, pay later’ firms like Klarna after delays

Britain’s new Labour government will soon set out updated plans to regulate the “buy now, pay later” industry, a government…

Chinese EV startups are spending more on research than Tesla is

BEIJING – U.S.-listed Chinese electric car companies are spending more on research as a ratio to sales than Tesla, according…

Job seekers are sour on the cooling labor market

Workers are souring on the state of the job market. Job seeker confidence in Q2 2024 fell to its lowest…