Finance

Supersizer | E+ | Getty Images There are two broad categories of life insurance, and data suggests many households aren’t buying the most cost-effective one. Americans bought 4.1 million term insurance policies in 2021, accounting for 40% of all individual policies purchased that year, according to the most recent data from the American Council of

In this article WISE-GB Follow your favorite stocksCREATE FREE ACCOUNT The Wise logo displayed on a smartphone screen. Pavlo Gonchar | SOPA Images | LightRocket via Getty Images Online money transfer firm Wise’s shares soared nearly 18% Tuesday as the company reported a spike in profits thanks to rising interest income. The company said in

Chinese Premier Li Qiang attends a meeting on June 26, 2023, with the Director-General of the World Trade Organization ahead of the World Economic Forum New Champions meeting in Tianjin, China. Pool | Getty Images News | Getty Images BEIJING — Chinese Premier Li Qiang said Tuesday his country was still on track to reach

Budrul Chukrut | Lightrocket | Getty Images Check out the companies making headlines in midday trading. Lucid Group — Lucid shares jumped 9% after the electric vehicle maker said it will provide powertrain and battery systems to British luxury automaker Aston Martin. WSFS Financial — The regional bank added 4.4% after D.A. Davidson upgraded the

In this article PACW GOOGL LCID MRNA TSLA Follow your favorite stocksCREATE FREE ACCOUNT A Tesla electric car is plugged into a recharging terminal at a Healthy Living Market store June 18, 2023 in South Burlington, Vermont.  Robert Nickelsberg | Getty Images Check out the companies making the biggest moves in premarket trading: Tesla —

In this article BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT Andriy Onufriyenko | Moment | Getty Images Bitcoin has rallied sharply this month — but not for reasons you might think. The world’s largest digital currency has risen more than 12% since the beginning of June. On Wednesday, its price topped $30,000 to hit its

A new ETF is making a big bet on real estate and other hard assets. CBRE’s Investment Management launched the IQ CBRE Real Assets ETF in May with the idea that it will deliver inflation protection in a rising interest rate environment. “The ETF market is lacking options in this space,” the ETF’s portfolio manager,

In this article W UAA AI KMX SPCE SBUX Follow your favorite stocksCREATE FREE ACCOUNT Starbucks workers union advocates wears union shirts at the Senate Health, Education, Labor and Pensions Committee hearing on No Company is Above the Law: The Need to End Illegal Union Busting at Starbucks in the Dirksen Senate Office Building on

A view of the Starbucks vending van during its debut in Hangzhou in Zhejiang province Tuesday, June 7, 2022.  Long Wei | Future Publishing | Getty Images Check out the companies making headlines in midday trading. Starbucks — Starbucks shares lost nearly 3% after a union representing workers said strikes are slated to begin Friday

In this article JCI KR TSN Follow your favorite stocksCREATE FREE ACCOUNT A robot plays the piano at the Apsara Conference, a cloud computing and artificial intelligence conference, in China, on Oct. 19, 2021. While China revamps its rulebook for tech, the European Union is thrashing out its own regulatory framework to rein in AI

The development, from Lithuanian infrastructure firm Tech Zity, is inspired by British renovation projects like the Battersea Power Station and Tate Modern art gallery. Tech Zity Lithuania is building a huge tech campus — Europe’s largest — in the capital of Vilnius, as it looks to become the new tech capital of the Baltics. Built

Federal Reserve Chairman Jerome Powell prepares to testify during the Senate Banking, Housing and Urban Affairs Committee hearing titled “The Semiannual Monetary Policy Report to the Congress,” in Dirksen Building on Thursday, June 22, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images New rules expected to require that banks keep more capital almost

In this article AA BA SPR TSLA ABI-BE SHC ROOT LLY TRIP EXPE DOW AMZN NRG OSTK DRI Follow your favorite stocksCREATE FREE ACCOUNT An employee scans an order in the shipping area at the Overstock.com distribution center in Salt Lake City, Utah. Ken James | Bloomberg | Getty Images Check out the companies making

Cadillac advertises for its electric car in Shanghai on May 23, 2023. A traffic police woman stands below. Hugo Hu | Getty Images News | Getty Images BEIJING — Subsidies for electric cars aren’t enough to boost growth in China’s slowing economy. One of the few detailed stimulus plans Beijing has announced this year extends

Brad Garlinghouse, chief executive officer of Ripple, speaks during the CoinDesk 2022 Consensus Festival in Austin, Texas, US, on Saturday, June 11, 2022. Jordan Vonderhaar | Bloomberg | Getty Images Blockchain company Ripple said Thursday it received in-principle regulatory approval to operate in Singapore, in a rare moment of good news for the cryptocurrency industry

Federal Reserve Chairman Jerome Powell arrives to testify during the House Financial Services Committee hearing titled “The Federal Reserve’s Semi-Annual Monetary Policy Report,” in Rayburn Building on Wednesday, June 21, 2023. Tom Williams | CQ-Roll Call, Inc. | Getty Images Let it be known: The leader of the U.S. Federal Reserve, the most important central

Ole Kaällenius (front, r), CEO of Mercedes, signs a memorandum of understanding on cooperation on June 20, 2023, alongside Zhimin Qian (front, l), Chairman of the State Power Investment Corporation, in front of Li Qiang (back, l), Premier of the People’s Republic of China, and German Chancellor Olaf Scholz (SPD, back, r). Picture Alliance |

Nio’s ET5 stands on display at the Central China International Auto Show on May 25, 2023, in Wuhan, China. Getty Images | Getty Images News | Getty Images BEIJING — Chinese electric car company Nio announced Tuesday it received $738.5 million in new capital from a fund owned by the Abu Dhabi government. The strategic

In this article RIVN GS CAR XOM NKE DICE BABA Follow your favorite stocksCREATE FREE ACCOUNT Signage outside Intel headquarters in Santa Clara, California, on Monday, Jan. 30, 2023. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Goldman Sachs — Shares declined 2.2% in midday trading.

Blinken’s trip to Beijing over the last two days — the secretary’s first under the Biden administration — marked a resumption of high-level U.S.-China government meetings after a tense four-plus months. Aly Song | Reuters BEIJING — U.S. Secretary of State Antony Blinken said Monday he failed to revive military-to-military talks with China, despite earlier