Stock markets

Alibaba CEO Eddie Wu to lead Taobao and Tmall e-commerce business in latest reshuffle

BEIJING — Alibaba Group CEO Eddie Wu is taking over the top role at the company’s Taobao and Tmall e-commerce…

Fed sparking irrational market optimism over potential rate cuts, former FDIC Chair Sheila Bair warns

Market optimism over the potential for interest rate cuts next year is dangerously overdone, according to former FDIC Chair Sheila…

This ETF offering could become next year’s hot product

BNY Mellon’s global head of ETFs suggests exchange-traded funds using options overlays could become next year’s hot product. “We are…

‘Good one, Donald’: Biden flaunts stock market record highs, mocks Trump for predicting ‘collapse’

President Joe Biden paraded this week’s stock market record highs Friday in a new campaign video that trolled his predecessor,…