markets

Central banks look to have hit peak rates. Here’s how markets think they’ll come down

The world’s major central banks paused their interest rate hiking cycles in recent weeks and with data suggesting economies are…

China’s biggest shopping festival is set for a tepid 2023, survey finds

BEIJING — Most consumers in China are planning to keep a lid on spending during this year’s Singles Day shopping…

Klarna, Europe’s $6.7 billion buy now, pay later firm, sets wheels in motion for eventual IPO

Buy now, pay later firm Klarna has established a holding company in the U.K. that will sit at the top…

Berkshire Hathaway posts a 40% jump in operating earnings, cash pile swells to a record $157 billion

Berkshire Hathaway on Saturday reported a big jump in third-quarter operating earnings, while sitting on a record amount of cash…