Finance

Former Arm CEO criticizes Britain for not holding onto its top tech firms

CAMBRIDGE, England — The U.K. is doing a bad job of commercializing technology businesses globally and needs a mindset shift…

Goldman Sachs to post $400 million hit to third-quarter results as it unwinds consumer business

Goldman Sachs will post a roughly $400 million pretax hit to third-quarter results as the bank continues to unwind its…

Stocks making the biggest moves midday: Palantir Technologies, Summit Therapeutics, JetBlue Airways and more

Check out the companies making headlines in midday trading: Palantir Technologies, Dell Technologies — Palantir and Dell jumped 14% and…

Jumbo 50 basis points Fed rate cut should not raise alarm, analyst says

The U.S. Federal Reserve can afford to make a jumbo 50 basis point rate cut next week without spooking markets,…

Huawei’s trifold phone gets 2.7 million pre-orders ahead of Apple’s iPhone 16 launch

BEIJING — Huawei has received more than 2.7 million pre-orders for its trifold smartphone, its website showed on Monday. The…

China’s CPI climbs by a less-than-expected 0.6% as transport and home goods prices fall

BEIJING — China on Monday reported its consumer price index rose by 0.6% year on year in August, missing expectations…

Why the father of ‘life planning’ says you’re managing money the wrong way

George Kinder wants everyone to be free. At first blush, that concept of personal fulfillment or enlightenment may seem better…