markets

Warren Buffett did something curious with his Apple stock holding

A coincidence or master plan? Warren Buffett now owns the exact same number of shares of Apple as he does…

Consumer spending jumped in July as retail sales were up 1%, much better than expected

Consumer spending held up even better than expected in July as inflation pressures showed more signs of easing, the Commerce…

Klarna takes on banks with a personal account and cashback rewards ahead of IPO

Financial technology firm Klarna is pushing deeper into banking with its own checking account-like product and a cashback offering that…

UK economy expands 0.6% in second quarter; June growth stalls

The U.K. economy grew by 0.6% in the second quarter of the year, the Office for National Statistics said Thursday,…

China’s bond market intervention reveals financial stability worries

BEIJING — China’s latest efforts to stem a bond market rally reveals wider worries among authorities about financial stability, analysts…

Annual inflation rate slows to 2.9% in July, lowest since 2021

Inflation rose as expected in July, driven by higher housing-related costs, according to a Labor Department report Wednesday that is…