Finance

Dollar General shares crater 25% as retailer cuts outlook, blaming ‘financially constrained’ customers

Dollar General shares tumbled Thursday after the discount retailer slashed its sales and profit guidance for the full year, suggesting…

‘Vigorous give and take’: U.S. security advisor discusses economic curbs in rare trip to China

BEIJING — U.S. national security advisor Jake Sullivan said he raised concerns about the country’s focus on economic security in…

China’s electric car race is becoming more about chip prowess as companies focus on tech

BEIJING — Chinese electric car companies that are already engaged in an intense price war are turning up the heat…

Biden and Xi to speak after rare U.S. security advisor trip to China

BEIJING — U.S. President Joe Biden and Chinese President Xi Jinping are set to speak over the phone in “coming…

401(k) auto-enrollment features don’t help savings as much as expected, study finds

Employers are increasingly putting workers’ 401(k) plan savings on autopilot. But the positive impact of automated retirement savings is more…

Buffett’s Berkshire Hathaway hits $1 trillion market value, first U.S. company outside of tech to do so

Warren Buffett’s Berkshire Hathaway reached a $1 trillion market capitalization on Wednesday, the first nontechnology company in the U.S. to…