markets

Chinese consumers won’t return to pre-Covid spending soon — a problem for Starbucks, Morgan Stanley says

BEIJING — Chinese consumer spending won’t return to pre-Covid levels anytime soon, a problem for international brands such as Starbucks,…

Stocks making the biggest premarket moves: ChargePoint, Ford, Nvidia, Tesla and more

Check out the companies making some of the biggest moves in premarket trading. ChargePoint — Shares of the electric vehicle…

Stablecoin giant Tether to mine bitcoin in Uruguay using renewable energy

Cryptocurrency giant Tether is setting up a bitcoin mining operation in Uruguay using renewable energy, as the company looks to…

Stocks making the biggest moves midday: Nvidia, Tesla, Coinbase and more

Check out the companies making headlines in midday trading. Nvidia — Shares of the chipmaker and artificial intelligence beneficiary popped…

Debt ceiling bill clears key hurdle, teeing up final House vote before it goes to Senate

WASHINGTON — The compromise bill to raise the debt ceiling passed its first major test Tuesday night in the House…

Very few U.S.-China flights are back despite the end of Covid

BEIJING — Fewer than 6% of U.S. flights to and from mainland China that existed in 2019 have resumed, according…

Consumer debt passes $17 trillion for the first time despite slide in mortgage demand

Total consumer debt hit a fresh new high in the first quarter of 2023, pushing past $17 trillion even amid…

Stocks making the biggest moves premarket: Advance Auto Parts, SoFi, Twilio and more

Check out the companies making headlines in premarket trading. SoFi — The financial services platform added nearly 7%. A deal…

Stocks making the biggest moves midday: Intel, C3.ai, Advance Auto Parts, HP and more

Check out the companies making the biggest moves midday. Intel — Shares popped 4.83% after the chipmaker’s finance chief said…