markets

The yuan’s status as a global currency might be gaining ground. But top CEOs see more hurdles to clear

DALIAN, China — For China’s yuan to be used more globally, the currency needs more “applications” such as for stocks…

Fed Governor Bowman says she’s still open to raising rates if inflation doesn’t improve

Federal Reserve Governor Michelle Bowman said Tuesday the time is not right yet to start lowering interest rates, adding she…

Cisco is ‘very optimistic’ about its expanding business with China EVs

DALIAN, China — Cisco is “very optimistic” about its growing business with Chinese electric car companies as they expand overseas,…

The stock market is in its longest stretch without a 2% sell-off since the financial crisis

Wall Street’s climb to record highs has come with conspicuously little volatility. The S&P 500 has gone 377 days without…