markets

UK confirms plans to regulate crypto industry with formal legislation

The U.K. government on Monday confirmed plans to regulate the cryptocurrency industry, announcing in a consultation paper that it will…

Suze Orman: ‘Big mistake if you park your money forever in bonds’

Suze Orman has a warning for investors relying too heavily on bonds. The personal finance expert believes the draw of…

Key Fed inflation gauge rose 0.3% as expected in September; spending tops estimate

Inflation accelerated in September but consumer spending was even stronger than expected, according to a Commerce Department report Friday. The…

Huawei’s revenue barely rose in the third quarter, despite phone and car sales growth

BEIJING — Chinese tech giant Huawei reported revenue figures Friday that showed only a 1% increase in the third quarter…

Chinese smartphone maker Xiaomi releases a new operating system as it plans car integration

BEIJING — Chinese smartphone and appliance maker Xiaomi announced late Thursday a new operating system — as it seeks to…