PDD ‘s tumble of nearly 30% last week on disappointing quarterly results is a reminder that China’s consumer has largely moved on from its years of double-digit growth. The slowdown shows few signs of turning around soon. That doesn’t mean it’s a sell across the board. PDD’s revenue grew by…

Comcast’s NBCUniversal has a longstanding bet on the Olympics, but this summer the company threw all of its resources at the Games in a bid to grab more viewership — especially for its growing streaming platform, Peacock.It appears to have paid off so far — more than 30 million people…

Yuki Watanabe used to spend 12 hours every day toiling away in the office. And that’s considered a short day. A typical 9-to-9 workday is the bare minimum. “The latest I would leave [the office] would be 11 p.m.,” said the 24-year-old, who used to work for some of Japan’s…

About SPLG This article series includes every month a dashboard with sector metrics in the S&P 500 index. It may help investors spot the sectors with the most (and least) attractive fundamentals. It may also serve as a top-down analysis of all funds tracking the S&P 500. Among them, SPDR…

The bodies of six hostages, including that of a young US citizen, have been retrieved from Gaza after they were killed “shortly” before Israeli troops discovered them, Israel’s military said.The bodies of Carmel Gat, who was kidnapped from the Be’eri kibbutz; Hersh Goldberg-Polin, a 23-year-old Israeli-American whose parents had lobbied…

Three years after the departure of the final US troops from Afghanistan, the situation in the country is bleak, with the Taliban tightening its grip as it introduces increasingly oppressive laws that restrict political freedoms and suppress the rights of women. Most Afghans have had to acquiesce to the Taliban not because…

Get there first. That’s the best parenting advice I ever got, and it applies to every one of the most important values we choose to pass on to our children, as well as all the thorniest issues we choose to address—sex, alcohol, drugs, rock ‘n’ roll, and yes, money. For…

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Despite President Biden’s request to reinstate the SAVE plan the administration created to help student loan borrowers pay less in monthly payments, the Supreme Court declined to do so on Wednesday. Lower courts blocked the plan earlier in the summer after legal challenges were brought up by GOP-led states. The…

Amazon’s checkout function encountered technical issues on Friday, keeping customers from completing purchases. The e-commerce site displayed error messages with photos of dogs during the outage as people posted about it on social media.To run its website, Amazon relies on its own data center infrastructure. But the company’s Amazon Web…