The stock market is dominated by just a handful of companies. The Biden administration is worried
Just seven stocks -- Apple, Microsoft, Alphabet, Amazon, Nvidia, Tesla and Meta Platforms -- make up close to $11 trillion in market value and contributed about 75% of returns of the S&P 500 in the first half of 2023, according to a recent Bank of America report.
2023-07-25 19:57
China names Pan Gongsheng to lead central bank, succeeding Yi Gang
China's ceremonial legislation has endorsed the promotion of Pan Gongsheng to serve as central bank governor
2023-07-25 19:54
China removes outspoken foreign minister Qin Gang and replaces him with his predecessor, Wang Yi
China has removed outspoken foreign minister Qin Gang from office and replaced him with his predecessor, Wang Yi
2023-07-25 19:46
China Names Pan Gongsheng as New Central Bank Governor to Revive Economy
China named Pan Gongsheng as governor of the central bank, strengthening his position as head of the institution
2023-07-25 19:23
No happy dance in the cards as Fed ponders resilient US economy
By Howard Schneider WASHINGTON With the Federal Reserve steaming toward another interest rate hike this week, policymakers face
2023-07-25 18:27
Exclusive-US senators seek salary information from Fed's inspector general
By David Morgan and Costas Pitas WASHINGTON Republican Senator Rick Scott and Democrat Elizabeth Warren have asked for
2023-07-25 18:24
Buffett Lifts Fossil Fuel Bets as Global ESG Push Mints Bargains
Warren Buffett’s multibillion-dollar purchases of oil and gas investments early in the pandemic paid off when the sector
2023-07-25 17:45
Binance to Scale Up Services on New Japan Platform in August
Binance will roll out full services on its new platform for Japan in August, the crypto exchange’s founder
2023-07-25 17:25
UN watchdog says landmines are placed around Ukrainian nuke plant occupied by Russia
The U.N. atomic watchdog says its staff at Ukraine’s Russian-occupied Zaporizhzhia Nuclear Power Plant report seeing anti-personnel mines around the site
2023-07-25 16:59
Israeli Assets Extend Slump as Investors Mull Judicial Bill
Israeli assets declined Tuesday as investors mulled a bill passed by parliament that will weaken the power of
2023-07-25 16:45
Bank Indonesia Keeps Rate on Hold to Bolster Rupiah
Bank Indonesia kept its benchmark interest rate unchanged at a four-year high to support the local currency from
2023-07-25 15:59
Israel in ‘Twilight Zone’ as Investors Fret Over Judicial Law
Investors and lawyers in Israel are weighing up their next steps as they fret over parliament passing a
2023-07-25 15:56