Finance

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…

ETFs are on pace to break record annual inflows, but this wild card could change it all

Exchange-traded fund inflows have already topped monthly records in 2024, and managers think inflows could see an impact from the…

3 ways Wall Street’s largest banks are leveraging AI to increase profitability

Big banks are jumping into the AI arms race.

U.S. job market slows, but it’s not yet a ‘three-alarm fire,’ economist says

The U.S. job market is cooling at a worrisome rate but not to an extent that warrants panic — at…

China should focus on fighting deflationary pressure, former central bank governor says

SHANGHAI — China’s policymakers need to focus on boosting domestic demand, Yi Gang, former head of the People’s Bank of…