Breaking News: Business

Hedge funds do about-face on China, selling stocks in record numbers

Hedge funds that recently flocked into Chinese stocks on stimulus hopes just did a 180. Professional traders posted the largest…

7-Eleven’s parent company cuts full-year earnings forecast

A customer is seen inside a 7-Eleven convenience store along a street in central Tokyo on September 9, 2024.   Richard…

White House looking into airline price gouging

US Transportation Secretary Pete Buttigieg attends a Cabinet meeting with US President Joe Biden in the Cabinet Room of the…

China investing is tricky as Beijing turns less favorable to capitalism

Billionaire investor Ray Dalio thinks it’s still tricky to invest in China right now as Beijing may be seeking to…

China stock ETFs surge even as mainland markets close for holiday

People walk on a pedestrian bridge displaying the Shanghai and Shenzhen stock indexes on January 02, 2024 in Shanghai, China. …

David Tepper says the Fed has to cut rates at least two or three more times to keep credibility

David Tepper, founder and president of Appaloosa Management. David Orrell | CNBC Appaloosa Management’s David Tepper said investors should believe…

Biden says he won’t intervene if port workers go on strike

U.S. President Joe Biden gestures as he arrives to Dover Air Force Base in Dover, Delaware, U.S., September 27, 2024. …

U.S. East Coast port strike looms Tuesday with no talks scheduled

U.S. East and Gulf Coast port workers are set to go on strike at midnight on Monday with no talks…

U.S. East Coast port strike looms Tuesday with no talks scheduled

U.S. East and Gulf Coast port workers are set to go on strike at midnight on Monday with no talks…

Biden says he won’t intervene if port workers go on strike

U.S. President Joe Biden said on Sunday he did not intend to intervene to prevent a port strike on the…