markets

China’s luxury market is bouncing back. Analysts say these are new areas of opportunity

BEIJING — China’s luxury sales are rebounding, and while they’re not back to 2021 levels yet, industry analysts and financial…

Why weakness in small caps may be a short-term setback

Small cap stocks may be on the cusp of a turnaround. According to Fairlead Strategies market technician Katie Stockton, the…

Fed’s favorite inflation gauge rose 0.2% in December and was up 2.9% from a year ago

An important inflation gauge released Friday showed that the rate of price increases cooled as 2023 came to a close.…

U.S. and China are working to make the business environment less volatile, Beijing says

BEIJING — China and the U.S. are working toward creating a more stable and predictable environment for businesses, Chinese Commerce…

LVMH shares jump over 12% as earnings point to luxury sector resilience

LVMH shares jumped more than 12% on Friday morning, after the world’s largest luxury group posted higher-than-expected sales for 2023…