markets

Consumers are starting to fire up China’s pandemic-battered economy, two ETF experts find

China’s pandemic-battered economy is starting to see consumers open their wallets wider, according to KraneShares’ Brendan Ahern. “We’re seeing the…

Major central banks were expected to pause rate hikes soon. Now it’s not so clear cut

The market has long been pricing in interest rate cuts from major central banks toward the end of 2023, but…

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…