Business

(Bloomberg) — A slew of poor economic data from China is deepening pessimism among equities traders wondering what it’d take for authorities to initiate forceful stimulus. Most Read from Bloomberg Figures released Saturday showed Chinese factory output, consumption and investment all slowed more than forecast for August, and the jobless …

(Reuters) -Bank of Canada Governor Tiff Macklem has opened the door to stepping up the pace of interest rate cuts, the Financial Times reported on Sunday. Macklem told the newspaper in an interview that rate-setters are concerned about Canada’s labor market and the possibility of lower oil prices hitting the …

Letting your cash collect 5% in interest is easy, giving that up is hard. – MarketWatch photo illustration/iStockphoto When the Federal Reserve began raising interest rates in 2022, financial adviser David Flores Wilson needed time convincing clients to put their cash in places where it would produce yield — like …

Fourteen months. That’s how long financial commentators have been speculating about the day the Federal Reserve will finally start cutting interest rates again. Deliverance is finally due to arrive on Sept. 18, 2024, when the Fed’s policymaking committee concludes its next meeting. At the moment of climax, the federal funds …

Dividend Investor Earning $25,000 Annually Shares His Portfolio: Top 6 Stocks and ETFs Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. With the elections inching closer and uncertainty around the Federal Reserve’s plans for rate cuts, the market appetite for stable …

Palantir (NYSE: PLTR) has emerged as one of the stock market’s artificial intelligence (AI) darlings. The tech company is known for its complex data analytics platforms. It got its start in the aftermath of 9/11 by providing software to federal intelligence agencies that helped them sift through mountains of data …

Data-mining software company Palantir Technologies is popular among retail investors, but Bank of America said it’s still misunderstood by many on Wall Street. In a note on Tuesday, analysts pointed out that a 1980 estimate of cell phone users by 2000 was just 900,000. The actual number of mobile subscriptions …

(Bloomberg) — About two thirds of Australian baby boomers leaving the workforce don’t have enough pension savings to retire comfortably, according to research from the industry’s peak body. Most Read from Bloomberg Slightly more than 30% of Australians are able to afford a comfortable lifestyle in retirement, the Association of …

The number of new companies that are started in China annually has collapsed as fundraising by Chinese venture capital firms has similarly imploded. A recent Financial Times report described a dire Chinese startup landscape, with founders, investors, and VCs offering bleak comments on condition of anonymity. “The whole industry has …

Coca-Cola (NYSE: KO) is not the biggest position in Warren Buffett’s portfolio, but it is one of the billionaire’s favorites — and one that likely will remain there at current levels. Buffett started buying shares of the world’s biggest nonalcoholic beverage maker in 1987 and continued adding to the position …