SHANGHAI — Alibaba Group’s latest quarter ended Sept. 30 showed strong top- and bottom-line growth on the back of a buoyant consumer recovery in China, even as the company remained vague on questions about how a possible tightening of restrictions on Ant Group, its financial payments subsidiary, may impact spending on its core retail marketplaces. […]
WASHINGTON (Reuters) – The Federal Reserve is scheduled to release its latest policy statement on Thursday after two days of debate in which policymakers lacked a critical piece of information: who will run the United States for the next four years.FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March […]
(Reuters) – U.S. stock market futures were marginally higher late on Wednesday as the presidential election race remained cloudy and the likelihood of gridlock in Congress made investors optimistic that major policy changes would be difficult to enact. S&P emini futures EScv1 were last up 0.1%, extending a rally in Wednesday’s stock market trading session. […]
(Reuters) – U.S. stock index futures rose in volatile trading on Wednesday as the race for the White House went down to the wire, although investors remained worried about the prospect of a contested result. Republican President Donald Trump and Democratic contender Joe Biden both claimed they were on course for victory after results for […]
WASHINGTON (Reuters) – Many Wall Street banks’ favorite lawmakers were returned to Congress overnight, boding well for the industry which has been trying to rebuild a broad base of bipartisan support a decade after the financial crisis tarnished its image in Washington.FILE PHOTO: A general view of the U.S. Capitol Building in Washington, D.C., on […]
(Reuters) – U.S. stock market futures dipped late on Tuesday as early voting projections emerged in a rancorous U.S. presidential election, with investors hoping to avoid a prolonged process that would delay a potential fiscal stimulus to help an economy reeling from the coronavirus pandemic. S&P emini futures EScv1 were last down 0.1%, partly reversing […]
LONDON — Are today’s consumers ready to start paying for luxury fashion items they haven’t selected themselves — or even seen before? The answer might be a resounding “No” for many, but not for Generation Z shoppers with a soft spot for streetwear and YouTube. That explains why, when the London-based start-up Heat unveiled its first […]
HAMILTON, Ohio — Hamilton has long been a city in search of an identity. During its heyday, its industries churned out paper, and it was home to a company that produced safes that could withstand a nuclear blast. But as demand for paper and bombproof safes declined, those industries took Hamilton down with them. What […]
Recent Sale $2 MILLION 37-04 30th Avenue (between 37th and 38th Streets) Queens Built in 1925, this 3,140-square-foot, three-story building in Astoria has two two-bedroom apartments, two one-bedroom apartments and a ground-floor commercial space that is occupied by a coffee shop. The property last changed hands in 1971. Buyer: 37-04 30th Ave Seller: Irene Becker […]
BEIJING (BLOOMBERG) – China warned Jack Ma and senior Ant Group executives that the fintech giant will face new curbs on its expansion, highlighting growing regulatory risk for the world’s largest initial public offering just days before its trading debut. Mr Ma, Ant’s billionaire co-founder and one of China’s most powerful businessmen, was summoned to a […]