Finance

China’s economy reveals pockets of softness. Here’s what to watch ahead of Friday’s data

BEIJING — As China’s economy moves into the second quarter of the year, a few indicators are pointing to sluggish…

Fed Chair Powell says inflation has been higher than thought, expects rates to hold steady

Federal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than expected and will keep the central…

Watch Fed Chair Jerome Powell speak live to bankers group in Amsterdam

[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a…

AMC completes $250 million stock sale during meme rally, shares jump 30%

AMC Entertainment raised about $250 million of new equity capital, completing the sale Monday during the revived meme stock craze…

Fintech firm Klarna says 90% of its employees are using generative AI daily

Swedish financial technology company Klarna said Tuesday that nearly 9 out of 10 employees in its 5,000-strong workforce are now…