Traders work the floor of the New York Stock Exchange on July 25, 2023, in New York City.  Angela Weiss | AFP | Getty Images The Dow Jones Industrial Average closed negative on Thursday, breaking a 13-day win streak in which the blue-chip index gained 5.3%. It also missed the …

Nvidia CEO Jensen Huang,speaks at the Supermicro keynote presentation during the Computex conference in Taipei on June 1, 2023. Walid Berrazeg | Sopa Images | Lightrocket | Getty Images Microsoft is emphasizing to investors that graphics processing units are a critical raw material for its fast-growing cloud business. In its …

KPMG is offering high schoolers paid internships to help fix accounting’s staffing shortage. By her own admission, Autumn Kimborough, 17, didn’t have a passion for accounting. But the rising high school senior from Flossmoor, Illinois, heard about a well-paid summer internship at KPMG, which included a $250 clothing stipend, and got …

Indian Prime Minister Narendra Modi has looked to woo American semiconductor firms to invest in his country. Anna Moneymaker | Getty Images Chief executives of some of the U.S.’s top semiconductor firms poured praise on India’s technology sector at an event on Friday attended by Prime Minister Narendra Modi as …

Westend61 | Westend61 | Getty Images Access to personal cars remains important to Americans despite the growing monthly cost of ownership.  The average monthly auto payment reached $733, a new record, in the second quarter of the year, according to a report by auto site Edmunds. Seventy-eight percent of middle-income …

Signage outside Intel headquarters in Santa Clara, California, on Monday, Jan. 30, 2023. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines before the bell. Intel — Shares popped 6.7% after the chipmaker posted better-than-expected second-quarter results and a return to profitability after two consecutive …

AstraZeneca’s chief financial officer on Friday said that geopolitical tensions are not impacting the company’s China operations, following a report that the pharma giant is considering spinning off its business in the country. “We’re in an industry that is producing life-saving medicines, that is helping China and actually citizens all …

Kazuo Ueda, governor of the Bank of Japan (BOJ). Bloomberg | Bloomberg | Getty Images The Bank of Japan announced Friday “greater flexibility” in its monetary policy — surprising global financial markets. The central bank loosened its yield curve control — or YCC — in an unexpected move with wide-ranging …

VinFast is set to break ground on its delayed U.S. factory on Friday. Steve Russell | Toronto Star | Getty Images Le acknowledged that there’s increasing competition in the U.S. market. “We think that there’s still a lot of room for new players. I think the U.S. consumers are open …

A residential complex constructed by Evergrande in Huai’an, Jiangsu, China, on July 20, 2023. Future Publishing | Future Publishing | Getty Images BEIJING — China’s housing ministry has announced plans to make it easier for people to buy property. The news, out late Thursday, indicates how different levels of government …