business news

Wall Street cut China’s GDP forecast many times this year. One bank adjusted 6 times

BEIJING – International investment firms have changed their China GDP forecasts nearly every month so far this year, with JPMorgan…

Spain’s election ends with no clear majority, throwing the country into political limbo

Spain’s election Sunday ended with no clear majority for either of the two main parties, throwing Europe’s fourth-largest economy into…

U.S. needs to go ‘further and faster’ to achieve climate goals, lawmakers say 

With extreme heat waves and climate-related disasters becoming more frequent across the U.S., some politicians are becoming more urgent in…

Spain votes in a major election that could bring the far right back to power

Spain voters headed to the polls on Sunday in an election that could bring the far right to power for…

Barbie’s designer made missiles for Raytheon first as ‘Barbenheimer’ rocks box offices

A weapons engineer turned doll maker is the unexpected link to “Barbenheimer,” the affectionately dubbed duo from Warner Bros.′ “Barbie” and…

Retail bets on zero day options are growing, but they may come at a price

It’s a sophisticated trading strategy that’s becoming more accessible to retail investors. The strategy: Zero days-to-expiration options — which is…

A controversial hack to save on plane tickets carries a ‘super big risk,’ says travel expert

“Skiplagging” is a money hack for travelers looking to save on airline tickets — but travel experts warn the practice…

Morgan Stanley credits Bidenomics for ‘much stronger’ than expected GDP growth

WASHINGTON — Morgan Stanley is crediting President Joe Biden’s economic policies with driving an unexpected surge in the U.S. economy…