Finance

Half of adults globally are stressed about their finances, and inflation is a key reason

At least half of adults in a range of major economies report being stressed about their personal finances, and say…

Fed officials still expects rate cuts this year, but not anytime soon

Cleveland Federal Reserve President Loretta Mester said Tuesday she still expects interest rate cuts this year, but ruled out the…

SEC Chair Gary Gensler signals that disclosure will be a key issue in the year ahead

The annual two-day “SEC Speaks” event kicked off Tuesday, offering clues to what the priorities will be for the Securities…

Swiss banking giant UBS to launch share buyback of up to $2 billion

UBS on Tuesday announced a new share repurchase program of up to $2 billion, with up to $1 billion of…

Xiaomi shares pop 16% after the Chinese smartphone maker launches its first EV

BEIJING — Shares of Chinese smartphone maker Xiaomi surged as much as 16% on Tuesday, the first trading day since…

Why Goldman Sachs is helping its clients launch ETFs

Investor demand for exchange-traded funds is not slowing down, and firms without ETF offerings may risk losing business, according to…