Shehzad Quai, China Beige Book COO and Managing Director, joins 'Fast Money' to talk the Chinese consumer as shares of Temu-parent company Pinduoduo sink.

Chinese consumers are spending more on experiences not stuff, says Shehzad Qazi on Pinduoduo decline

China reported that its industrial profits from January to July climbed 3.6% year on year. Oil prices continued to rise after Israel and Hezbollah traded strikes over the weekend, with U.S. West Texas Intermediate crude climbing 3.5% to close at $77.42 per barrel and Brent crude up 3.05% at $81.43 a barrel, its highest in about two weeks.

Asia markets track declines in key Wall Street indexes; investors assess China industrial profits

Cheuk Wan Fan, HSBC's Chief Investment Officer for Asia, discuss the headwinds facing China's economy and explains her neutral positioning in China and Hong Kong markets.

HSBC: This is the 'most striking data point' that highlights China's growth challenges

TheDailyBeast

Fears of an impending U.S. recession sent the Dow Jones Industrial Index tumbling more than 1,000 points in early trading Monday and triggered a panic sell-off in financial markets around the world.Wall Street went into meltdown with the S&P 500 down 4 percent and Nasdaq dropping 5.5 percent. The Dow Jones slipped 3 percent, or 1,197 points by 9.35 a.m. Eastern.Earlier, the FTSE 100 index in London fell by 2.1 percent, and it was followed by the Nikkei 225 in Japan plunging by 12.4 percent, or 4,451 points, the biggest one-day points drop in history.In Paris, the CAC-40 fell by...

Stock Markets Crash Worldwide Over Fears of U.S. Recession

Las Vegas, NV

Zoreen Kabani was always passionate about style. "I love clothing, love fashion, love being coordinated," she says. She just didn't think she could make a career out of it. Kabani, 37, and now based in Las Vegas, spent the first decade or so of her career working in finance. In her native Pakistan, "it's still a point of expectation to be in some form of a traditional career path," she says. She was a financial analyst at Goldman Sachs then a banker and financial advisor at JPMorgan Chase.

37-year-old brings in more than $100,000 a month selling clothes on Whatnot: ‘Consistency is key’

It’s another day in the Long March out of China by Western firms. This time around, it’s IBM’s turn. On Monday, the tech giant announced it would be shutting down its Chinese research and development team, shifting some operations to other international locations and affecting around 1,000 employees in the process. At this point, it would have been more surprising had it stayed.

IBM Shutters Its China R&D Division

GOBankingRates

Is your dream vacation abroad about to get cheaper? Or is your international investment portfolio in for a wild ride? Buckle up, folks, because some major global currencies might be headed for a...

7 International Currencies Expected To Plummet in Value by the End of 2025

By law, the IRS must notify the State Department if an individual's federal tax debt is "seriously delinquent." This is a large federal tax debt — of more than $62,000 in 2024 — that the taxpayer has repeatedly ignored. If taxpayers don't remedy their overdue bill, the government...

The IRS has a method of 'last resort' to collect overdue taxes: Revoking your passport

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Emily Standley Allard

In the mystical realm where astrology intersects with spiritual beliefs, certain zodiac signs are thought to possess inherent qualities that offer protection against malevolent entities and negative energies. This intriguing concept has roots in ancient astrology and cultural traditions worldwide, where the alignment of the stars at one's birth is believed to influence not only personality traits but also spiritual protection. This post delves into the 5 celestial shields of the zodiac, highlighting signs that are particularly noted for their protective aura against evil spirits.

5 Zodiac Signs That Possess a Protective Aura Against Evil Spirits

Markets Insider

Hankwitz is building a retirement portfolio worth $2 million with investments that expedite returns.

A 28-year-old investor building a $2 million retirement portfolio in 8 years shares why he's now buying a tax-advantaged ETF paying a 14% annualized yield

Growing up in Nara, Japan, surrounded by tea fields, matcha has always been a part of my life. The full aroma and the deep bitter and sweet umami taste of this vivid green tea evokes so much nostalgia for me. When I was in high school, I started taking formal...

I’m from Japan, home to some of the world’s longest living people: The No. 1 beverage I drink every day

This ETF will give investors access to the ongoing AI boom. In the past decade, this soaring ETF has more than quintupled investors’ initial capital. Past results probably won’t resemble forward returns, so it’s best to set proper expectations. Investors looking to score huge returns should consider...

Forget the S&P 500 -- Buy This Magnificent ETF Instead

Apple announced it will hold a press event at its headquarters in Cupertino, California, on Sept. 9, where the company is expected to announce new iPhones and Apple Watch models. The launch event will be streamed on Apple's website and YouTube. This year's invites include the tagline "It's Glowtime," a...

Apple announces iPhone event for Sept. 9

Here are 20 of the best stocks that Morgan Stanley says to own now as the gaps between winning and losing companies widen.

20 stocks to buy for up to 62% upside in a market full of opportunities: Morgan Stanley

Victoria Greene, G Squared Private Wealth CIO, and Ryan Detrick, Carson Group chief market strategist, joins 'Closing Bell Overtime' to talk the market's record trading day.

Dow Jones notches another record close

24/7 Wall St.

With over a year of interest rates continuing to remain above 5%, many investors appear to be taking a more defensive approach to portfolio construction. That’s not to say that capital is increasingly flowing into mega-cap companies that are generally considered to be safer due to their size. In fact, a rotation has been building […]
The post 3 Stocks That Will Pop From a Big Interest Rate Cut appeared first on 24/7 Wall St..

3 Stocks That Will Pop From a Big Interest Rate Cut

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

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NewsNinja

A lady is cautioning others about purchasing budget earrings from Amazon, Shein, and H&M, after she experienced keloid formations on her earlobes due to wearing them. On a TikTok post that has garnered more than 334,000 likes, Sailor Rozema (@sailor.rozema), a content creator, shares a warning with her community of "dangly earring girls": the inexpensive jewelry found in fast fashion can have negative impacts on your well-being.

‘I’ll never be wearing earrings for the rest of my life’: Customer warns against buying from Shein

When your temper flares are you a raging bull? A vicious Virgo or a conniving Capricorn? Emotions are complex states that involve physiological, behavioral, and cognitive changes. They influence how we perceive the world around us, how we interact with others, and how we make decisions. However, our emotions are not the only factor that influences our behavior. Astrology can be a telling factor as well.

The Most Ruthless Zodiac Signs - Ranked from Most to Least

Homestead, FL

Akeena

If you’re a fan of Florida’s rich agricultural heritage, here’s some news that might catch your eye. Homestead’s Alger Farms, a name synonymous with fresh produce and quality landscape materials, has just sold a hefty chunk of their land. Nearly 900 acres have been sold for a staggering $121 million. Here’s the scoop on what’s happening with this land and what it means for the area.

Florida Farm Sold for $121 Million; 1,170 New Homes Planned

The National Flood Insurance Program, a public insurance program sponsored by the federal government insures 4.7 million policyholders and protects more than $1.28 trillion in assets. Congress has until Sept. 30 to reauthorize the NFIP. "Without an extension, you're not going to be able to get a mortgage in any...

A 'man-made disaster' could make it trickier to buy or sell a home in some areas this fall, real estate expert says

NewsBreak

How to find opportunities in China amid the underperformance

KraneShares chief investment officer Brendan Ahern joins ‘ETF...

How to find opportunities in China amid the underperformance

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