Business

By Rae Wee SINGAPORE (Reuters) – Asia shares dipped in and out of positive territory on Monday, under pressure from weakness in Chinese stocks, but bitcoin scaled a three-month peak as “Trump trades” continued to ramp up. Gold hit another record high on conflict in the Middle East and an …

SINGAPORE (Reuters) – Cryptocurrency bitcoin hit a three-month high in early Asia trading on Monday and the dollar looked set to extend its gains in markets counting down to the U.S. presidential election in two weeks. Election polls show rising odds of former President Donald Trump winning the Nov. 5 …

By Samuel Shen and Vidya Ranganathan SHANGHAI/SINGAPORE (Reuters) -China cut benchmark lending rates as anticipated at the monthly fixing on Monday, following reductions to other policy rates last month as part of a package of stimulus measures to revive the economy. The one-year loan prime rate (LPR) was lowered by …

Nvidia has been one of the most hyped and closely followed stocks in recent memory as the fortunes of the broader market increasingly hinge on the AI chip leader. At one point this year, the stock accounted for more than a third of the S&P 500’s gains, and some investors …

“I decided to quit my job like a boss, but after finding out how I got played, I was devastated.” (Photo subject is a model.) – Getty Images/iStockphoto Dear Quentin, In 2010, I was working for a company that was going under, but I didn’t know that. My evil manager …

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. The trading week in Asia opens against an increasingly bullish global backdrop fueled by continued strength in U.S. stocks, but with local sentiment more circumspect due to the uncertainty surrounding China’s deep-rooted economic problems. The People’s …

(Bloomberg) — Artificial intelligence search company Perplexity AI has started fundraising talks in which it aims to more than double its valuation to $8 billion or more, the Wall Street Journal reported Sunday. Most Read from Bloomberg Perplexity has told investors it hopes to raise about $500 million in the …

Older Americans said they wished they had saved more for their retirement and emergencies.Getty Images; Jenny Chang-Rodriguez/BI More than 1,000 older Americans shared their biggest regrets in life with Business Insider. These included not saving enough for retirement and taking Social Security benefits too early. Most older Americans are unable …

(Bloomberg) — Kelly Ortberg’s earnings debut as Boeing Co. chief executive officer has gained an element of suspense as workers vote on the same day whether to accept the planemaker’s latest proposal and end a five-week-long strike. Most Read from Bloomberg Boeing and the union representing 33,000 striking members hammered …

Social Security is the foundation for many Americans’ retirement plans. However, not everyone knows all of the details of how the government program works. There are a few foundational rules everyone should know, but many Americans’ knowledge falls short for even the most basic and important rules governing the program. …