markets

Chinese travelers are opting for lower-cost domestic destinations over foreign tourist spots

BEIJING — Chinese travelers are increasingly opting for cheaper domestic destinations over foreign tourist spots. Only 14% of high-income households…

Stock trade settlement moves to single day as GameStop mania underscores need for faster transactions

Years of work on Wall Street to pick up the pace of trading will be put to the test this…

This new weight loss drug ETF bets big on two of the industry’s leading players

A top exchange-traded fund provider is betting on the long-term popularity of GLP-1 weight loss drugs. Roundhill Investments’ GLP-1 &…

Alibaba’s global arm signs David Beckham as international e-commerce brand ambassador

BEIJING — Soccer star David Beckham will promote Alibaba‘s international e-commerce platform, AliExpress, in its biggest global brand ambassador partnership…

Wall Street ponders what happens to booming private credit market when you-know-what hits the fan

The explosion of private credit has been met with a whole host of concerns, but among the louder ones more…