Asia-Pacific markets trade mostly higher as investors look toward China trade data
Asia-Pacific markets traded mostly higher on Monday as investors look toward trade data coming out of China later in the day.
Huge Wall Street call: Morgan Stanley’s new Tesla analyst downgrades stock over valuation concerns
The analyst downgraded Tesla’s stock to equal weight from overweight.
Stock futures are little changed after Wall Street notches back-to-back winning weeks: Live updates
The three major indexes are coming off their second straight winning weeks.
Treasury Secretary Bessent says he has divested his soybean farm
The New York Times has reported that Secretary Bessent owned as much as $25 million of soybean and corn farmland in North Dakota.
Chinese internet companies are ramping AI spending. These local players may benefit
Chinese internet companies increasingly say they don’t have enough compute to power their artificial intelligence ambitions.
Trump slams pardoned Democratic congressman as ‘disloyal’ for not switching parties
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Bessent says U.S. will finish the year with 3% GDP growth, sees ‘very strong’ holiday season
Treasury Secretary Scott Bessent said the economy will end the year on strong footing and said the president was disappointed in economic coverage in the media.
Married millennials, here comes the crypto divorce cliff
Millennials hold more crypto than any other Americans and are nearing peak divorce years. Many married couples, and the legal system, are not prepared.
Beef prices are soaring. Here’s why America is facing record-low cattle numbers
Beef prices are up about 15% over the past year as ranchers face record low cattle herds amidst years of drought throughout U.S. farmlands.
Trump trade war shift away from Chinese manufacturing has reached tipping point
A long-term supply chain shift pulls the rest of Asia even with manufacturing giant China, but for importers, a short-term cash crunch from tariffs is looming.