Investing

If you look at your balance sheet, there’s a fair chance that if you have an employer-sponsored retirement plan, it’s one of your largest assets. This can lead many people to view their retirement plan as a resource when it comes to major financial hardships. This is a discussion of…

By Rhiannon Hoyle Chevron said Monday that workers at two large natural-gas operations in Australia have voted in favor of new labor agreements, ending a dispute that has rattled global gas markets. “Chevron Australia is pleased to confirm the proposed enterprise agreements for frontline field operations employees at our Gorgon…

For many people the cost of getting a degree is the biggest investment they ever make. It’s supposed to be a path to higher earnings, many experts say. But college enrollment is falling fast and the main reason is the ultra-high cost for an education that may or may not…

By Sherry Qin HSBC Holdings PLC’s third-quarter net profit more than doubled as the London-based banking giant continued to benefit from higher interest rates and sharply higher non-interest income. The Asia-focused lender posted net profit of $5.62 billion for the three months to Sept. 30, up from $2.00 billion in…

From a broad perspective, the tech industry made a remarkable shift in the last year with the arrival of generative artificial intelligence. It didn’t just arrive as much as it overwhelmed through its simplicity and accessibility: suddenly everyone was using it to summarize books, write essays or generate images. Heralded…

By Jiahui Huang Shares of Great Wall Motor rose Monday morning after the Chinese automaker posted a 42% jump in net profit for the third quarter. The stock was up 7.8% to HK$11.66 in early trade in Hong Kong, taking gains to 13% so far this year. The Hebei, China-based…

Key News Asian equities were mixed overnight on light volumes, as Hong Kong and South Korea underperformed. Mainland and Hong Kong growth stocks were hit with profit-taking after a five-day win streak in Hong Kong and China. My glowing assessment of investors’ preference for growth stocks yesterday, i.e., the “good…

Gold is back in fashion on Wall Street. In the three months through September investors snapped up 157 metric tons of the yellow metal worth approximately $10 billion, new research from the industry group World Gold Council shows. That was a staggering increase of 56% versus the same period of…

House Speaker Mike Johnson, a conservative Louisiana Republican, told Fox News he would be willing to extend government funding into January with another stopgap bill as Congress stares down a looming deadline. Lawmakers have until Nov. 17 to reach a budget agreement to keep the federal government running or reach…

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