Business

The latest business news, market analysis, and financial advice.

Dow Jones Futures Fall 150 Points Ahead Of Housing Data; DraftKings Pops On Upgrade

Barbara Terrio

Dow Jones futures dropped 150 points Tuesday morning ahead of key housing data. Sports betting giant DraftKings (DKNG) rose on ...

Rite Aid to close 400 to 500 stores in bankruptcy

Barbara Terrio

Pharmacy chain Rite Aid is closing hundreds of stores nationwide to address the company’s debt situation that plunged the company’s ...

Ford, Thor, Costco, DraftKings, Coty, and More Stock Market Movers

Barbara Terrio

Text size Ford said it was pausing a $3.5 billion electric-vehicle battery plant. Bing Guan/Bloomberg Stock futures declined Tuesday and ...

World May Not Be Ready for U.S. Interest Rate at 7%, JPMorgan’s CEO Says

Barbara Terrio

The global economy may not be ready to face the worst-case scenario of the U.S. interest rate rising as high ...

Asian shares dip with eyes on the Chinese economy and a possible US shutdown

Barbara Terrio

TOKYO (AP) — Asian shares mostly sank Tuesday over worries about a possible U.S. government shutdown and the troubled Chinese ...

EU trade chief says the outcome of China EV probe cannot be prejudged

Barbara Terrio

About two weeks ago, the European Commission announced an investigation into government subsidies for electric vehicle makers in China. Europe ...

China’s Economy Is Set to Avoid a Japanese-Style Deflation

Barbara Terrio

(Bloomberg) — Prices in China are recovering, according to an independent survey, providing more evidence that the worst may be ...

Fixing China’s property sector may take a decade, says Grow Investment

Barbara Terrio

Fixing the Chinese property sector is an endeavor that could take up to a decade’s work, said Grow Investment’s chief ...

Inflation Data Looms As Yields Spike; Tesla Stock Rises Ahead Of Deliveries

Barbara Terrio

Dow Jones futures were lower ahead of Tuesday’s open, along with S&P 500 futures and Nasdaq 100 futures, in overnight ...

Blue Origin: Longtime Amazon executive Dave Limp to take over Jeff Bezos’ rocket company

Barbara Terrio

CNN  —  Jeff Bezos’ space tourism and rocket company is replacing its chief executive officer with a longtime Amazon executive. ...