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Where ‘Made in China 2025’ missed the mark
China missed key targets for tech independence, while fostering unhealthy industrial competition that's heightened trade tensions, a business chamber said.Read More...
Should investors dump U.S. stocks for international equities? Here’s what experts are saying
Global diversification may be a good strategy as U.S. markets come under pressure, some experts say.Read More...
American Express’s wealthy cardholders are mostly untouched by tariff jitters
American Express results show that the company's wealthier customers may insulate it somewhat from concerns that tariffs and stubborn inflation have caused.Read More...
Trump again calls for Fed to cut rates, says Powell’s ‘termination cannot come fast enough’
President Donald Trump on Thursday again called for the Federal Reserve to lower rates and even hinted at the "termination" of Chairman Jerome Powell.Read More...
UBS loses crown as continental Europe’s most valuable bank to Santander amid U.S. tariffs
Santander and UBS' shares have diverged over recent months, with the Swiss lender shedding 17.2% in the year to date, while Santander has gained nearly 35%.Read More...
Hertz shares surge more than 50% after Bill Ackman takes big stake in the rental car firm
Shares of Hertz surged 56% Wednesday after a regulatory filing revealed Pershing Square had built a 4.1% position as of the end of 2024.Read More...
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