Amazon.com Inc. shares continued their charge higher Friday, securing their highest close in more than two years. The e-commerce giant’s stock advanced 2.7% in Friday’s session to finish the day at $174.45. That was the best ending level since Dec. 9, 2021, when Amazon’s stock AMZN, -1.21% closed at $147.17,…

It’s normal to worry about money. The trick is figuring out if your worries are valid or not. Worry is tied to uncertainty. We fret about potential outcomes that breed fear and adversity. Running out of money is among the scariest of those outcomes: The very thought of losing money…

The global economy is showing surprising strength in the face of political crises, the International Monetary Fund said, in an update to its World Economic Outlook released Tuesday. With inflation coming down and growth steady, “the likelihood of a hard landing has receded,” the report said. It was just as…

© Reuters. FILE PHOTO: A general view shows the buildings of the U.S. Embassy in Beijing, China, April 21, 2021. REUTERS/Thomas Peter BEIJING (Reuters) – Many Chinese are venting their frustration at the slowing economy and the weak stock market in an unconventional place: the social media account of the…

By Amy Lv and Mai Nguyen BEIJING/HANOI (Reuters) – Rare earth prices have likely bottomed out and are poised to rise later this year on demand from electric vehicles (EVs) and wind power and as dominant producer China is expected to pull back on expanding output quotas, analysts said. Rare…

Investing.com– Most Asian currencies nursed steep losses on Wednesday, while the dollar steadied after a sharp overnight rebound as anticipation of more cues on the Federal Reserve saw markets question expectations for early interest rate cuts.  Sentiment towards Asia also remained fragile following weak economic data from China and a…

By Mike Dolan LONDON (Reuters) -The China conundrum aside, a search for undervalued assets already seems to be tempting some investors back to emerging markets – but Western savers happily hunkered down at home may struggle to accept the case. In the slipstream of the global rate cut euphoria late…

Ukraine’s main military intelligence agency accused Russian forces of using Starlink terminals produced by Elon Musk’s SpaceX in occupied areas.Starlink has been adamant that its satellite networks have never operated or been marketed in Russia, after its terminals were delivered to Ukraine following the February 2022 invasion, in order to…

Good news has been sparse for the German economy. And the latest economic data has not done much to change this.A few key 2023 data points, namely factory orders, exports and industrial production, were out last week and indicated a weak end to the year that saw questions about Germany…

President Joe Biden doesn’t want corporate greed to eat into your Super Bowl snack spread. In a video posted Sunday to X, formerly known as Twitter, the president called on companies to put a stop to “shrinkflation.” “When buying snacks for the game, you might have noticed one thing: Sports…