markets

Blinken lands in Beijing for high-stakes diplomacy after spy balloon saga

BEIJING — U.S. Secretary of State Antony Blinken landed in Beijing Sunday on his first trip to China under the…

China’s VCs look to the Middle East for a U.S. dollar lifeline

BEIJING — Venture capitalists in China that once relied on U.S. investors are now holding court with Middle Eastern money.…

Stocks making the biggest moves midday: Cava, Domino’s Pizza, Kroger, Lennar and more

Check out the companies making the biggest moves midday. Cava Group — Shares soared 99% in midday trading during its…

Stocks making the biggest moves before the bell: American Express, Domino’s, Coinbase and more

Check out the companies making headlines in premarket trading. Target — The retailer gained 0.6% after announcing it would increase…

$5 billion fintech Zepz looks to take on rivals like PayPal with digital wallet, M&A plans

LONDON — Zepz, the owner of money transfer firms WorldRemit and Sendwave, is on the hunt for mergers and acquisitions…

‘Bite of these higher rates is gaining traction almost every day,’ KBW CEO Thomas Michaud warns

A major financial services CEO warns the economy hasn’t fully absorbed higher interest rates yet. Thomas Michaud, who runs Stifel…

The Fed forecasts two more hikes in 2023, taking rates as high as 5.6%

The Federal Reserve paused its hiking campaign in June, but forecast it will raise interest rates as high as 5.6%…