IMF upgrades global growth forecast, citing U.S. resilience and policy support in China
The International Monetary Fund on Tuesday nudged its global growth forecast higher, citing the unexpected strength of the U.S. economy…
Fahmi Quadir, short seller nicknamed ‘The Assassin,’ takes aim at for-profit college giant Adtalem
WASHINGTON — Short seller Fahmi Quadir has found her new target: The $2 billion market cap Adtalem Global Education, a…
Stocks are the ‘asset class of choice’ as markets are now used to bad news, strategist says
Geopolitical risks may be mounting, but stocks are still the “asset class of choice,” according to Beat Wittmann, partner at…
Euro zone economy narrowly skirts recession, stagnates in fourth quarter
The euro zone economy stabilized in the fourth quarter of 2023, flash figures published by the European Union’s statistics agency…
Alibaba-backed Xreal, rival to Apple’s Vision Pro, claims it’s now an AR glasses unicorn
BEIJING — Alibaba-backed augmented reality glasses company Xreal said Monday it received $60 million in new funding, giving the company…
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…
