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China gears up for next week’s Third Plenum meeting. Here’s why real estate isn’t likely the main focus

High-rise buildings are being seen in the West Coast New Area of Qingdao, Shandong province, China, on July 6, 2024.Nurphoto | Nurphoto |...

China’s imports unexpectedly drop in June, but exports beat forecasts

PIctured here is the Qianwen container terminal in the port city of Qingdao, Shangdong, China on July 11, 2024. Cfoto | Future Publishing |...

High inflation is largely not Biden’s or Trump’s fault, economists say

President Joe Biden and former President Donald Trump participate in the CNN Presidential Debate on June 27, 2024 in Atlanta.Justin Sullivan | Getty...

PepsiCo earnings beat estimates, but U.S. demand weakens

Pepsi bottles with new and previous logos are seen at the grocery store in Las Vegas, United States on November 17, 2023.Jakub Porzycki...

China’s robotaxi push sparks concerns about job security for drivers

More than 70% of Baidu Apollo Go robotaxi rides in Wuhan were fully driverless as of April, and the company said in May...

Ethereum ETF countdown: Bitwise CIO sees ‘birth of a new asset class’

Wall Street is getting ready for a new batch of cryptocurrency exchange-traded funds: ethereum. Spot ether ETFs could hit the market as soon as...

Watch Fed Chair Jerome Powell testify live before House financial services panel

Federal Reserve Chair Jerome Powell is set to testify on Capitol Hill before the U.S. House Financial Services Committee on Wednesday.The appearance comes...

The Fed may soon cut interest rates. That could make your next trip abroad more expensive

SeongJoon Cho/Bloomberg via Getty ImagesThe U.S. Federal Reserve may start cutting interest rates before year's end. That could make future trips abroad more...

How bankruptcy saved Express

Express has been a shopping mall staple since the 1980s. But since its CEO Michael Weiss left the company in 2015, its sales...

Bill Gross says Tesla is the new meme stock

Bill Gross' Janus Henderson Global Unconstrained Bond Fund suffered more than $200 million in redemptions last month, lowering assets to $1.25 billion from over...

Jim Cramer doesn’t want Amazon broken up into smaller companies — here’s why

Amazon's flywheel of businesses work better together thanks to how the company aggregates and analyzes customer data. Source link

Why our stocks tied to AI and dependent on housing are rallying in a mixed market

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last...

Amazon’s Asian rival Shein wants to be supply chain giant, but some fear Chinese cyber spying inside global trade links

Workers producing garments at a textile factory that supplies clothes to fast fashion e-commerce company Shein in Guangzhou in southern China's Guangdong province. Jade...

Job scams surged 118% in 2023, aided by AI. Here’s how to stop them

Ridvan_celik | E+ | Getty ImagesEmployment scams surged last year, as criminals leveraged artificial intelligence to steal money and personal information from unsuspecting...

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