By Brenda Goh SHANGHAI (Reuters) -U.S. memory chipmaker Micron (NASDAQ:) said on Friday it was committed to China and would invest 4.3 billion yuan ($603 million) over the next few years in its chip packaging facility in the Chinese city of Xian. The company has been targeted by China’s cyberspace…

Key takeaways Goldman Sachs has cut 30 roles in its Asia investment banking division, with rumors swirling of hundreds more job losses coming Goldman Sachs shares are up 1.59% this working week The move comes as M&A activity remains down, though top banking bosses say signs of life are emerging…

Summer temperatures are rising and so is the stock market. After 164 days, the S&P 500 Index crossed officially back into bull market territory, given the 23% rise from its October lows. Only the recovery in 1947 from bear market bottom to new bull market took longer, at 281 days.…

On average, 4.4 million businesses are launched each year in the United States. So much advice is available for new entrepreneurs who are ready to start a new business. But when it was time to make the difficult decision to close my first one, support was hard to find. According…

The greatest soccer player in the world made a smart move choosing Florida, a state with no income tax. But his first goal is to clear U.S. immigration with a Spanish tax fraud conviction on his resume. On June 24, Philadelphia Union will take on Inter Miami at Subaru Park.…

Inflation at the wholesale level fell more than expected in May, the latest sign that painfully high consumer prices are beginning to loosen their stranglehold on the U.S. economy in the face of higher interest rates. The Labor Department said Wednesday that its producer price index, which measures inflation at…

She’s considered an influencer who uses TikTok, Instagram and YouTube to make financial education fun for young audiences.Kyla Scanlon, 26, is a former options trader and the founder of Bread, a company that produces videos and skits that go viral.”I’ll pretend to be [Federal Reserve Chair] Jerome Powell [or] pretend…

The mid-2010’s saw an uptick in U.S. college closures, particularly among private nonprofit schools. This trend has affected tens of thousands of college students across the country.Since 2016, 91 U.S. private colleges have closed, merged with another school, or announced plans to close, according to a CNBC analysis of data…

A UPS strike by 185,000 workers 25 years ago brought the logistics giant’s operations to a standstill. The 15-day strike slashed package deliveries, overwhelmed the US Postal Service and FedEx, and hurt businesses across the United States. Now, more than 340,000 UPS workers represented by the Teamsters union are threatening…

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