markets

Consumer spending rebounded in February, according to the CNBC/NRF Retail Monitor

Consumer spending bounced back in February from a January dip, with a little help from leap day. But sales still…

Xiaomi is set to launch its electric car on March 28

BEIJING — Chinese smartphone company Xiaomi announced Tuesday it would formally launch its long-awaited electric car on March 28. The…

China’s stock valuations are ‘way too low,’ strategist says — here’s why

Valuations of Chinese stocks are “way too low” and investors should be looking to cautiously re-enter the world’s second-largest economy,…

Stocks making the biggest moves after hours: Oracle, Vail Resorts, Advance Auto Parts and more

Check out the companies making headlines after the bell. Oracle — The database software stock surged about 10% in extended…

Bitcoin rises to another record, ether breaks through $4,000

Bitcoin extended recent gains and climbed to another record to start the week. The price of the flagship cryptocurrency was…

China’s annual parliamentary meeting has ended. Here are the key takeaways

BEIJING — China’s weeklong annual parliamentary meetings ended on Monday and for the first time in decades, the Chinese premier…

China’s housing minister says real estate developers must go bankrupt if necessary

BEIJING — China’s struggling real estate developers won’t be getting a major bailout, Chinese authorities have indicated, warning that those…