Category: Finance News

China’s initiative to boost consumption through trade-ins has not yielded significant results, according to feedback from various businesses. In July, China announced the allocation of 300 billion yuan in ultra-long

In August, Inflation eased to its lowest level since February 2021, marking a trend known as “disinflation” where prices are still rising but at a slower pace. While there are

Shares of Kroger, the supermarket chain, surged over 4% in midday trading following the release of their mixed fiscal second-quarter results. Despite revenue falling short of expectations, Kroger reported adjusted

Ajit Jain, Warren Buffett’s insurance chief and top executive, recently sold more than half of his stake in Berkshire Hathaway, according to a new regulatory filing. The 73-year-old vice chairman

Ally Financial shares dropped by 17.6% after the CFO mentioned increased credit challenges in the third quarter, particularly in auto loans for retail customers. On the positive side, Mission Produce

Dutch digital bank Bunq is planning to re-enter the U.K. market to target the 2.8 million British “digital nomads.” The challenger bank is looking to expand globally, including in the

A top Federal Reserve official announced changes to proposed U.S. banking regulations that would reduce the additional capital large institutions must hold by approximately 50%. The regulatory overhaul, known as

September has been a tumultuous month, adding complexity to the Big Tech trade. However, one low-volatility ETF remains optimistic about this sector. Alliance Bernstein is the force behind the AB

GameStop reported mixed second-quarter results, with revenue dropping to $798 million from $1.16 billion a year ago. Despite the revenue decline, the company’s net income rose to 4 cents per

Several companies saw significant movement in midday trading. Trump Media & Technology experienced a more than 13% drop following a debate between major shareholder former President Donald Trump and Democratic