Finance

Josh Edelson | AFP | Getty Images Apple CEO Tim Cook speaks at Apple’s Worldwide Developer Conference (WWDC) at the San Jose Convention Center in San Jose, California on Monday, June 4, 2018. Apple shares will keep rising even after its big gains this year, according to J.P. Morgan. The …

Tom Williams | CQ Roll Call | Getty Images Jerome Powell, nominee to be chairman of the Federal Reserve, waits to testify at his Senate Banking, Housing and Urban Affairs Committee confirmation hearing in Hart Building on November 28, 2017. The Federal Reserve said Wednesday that it sees the federal …

The latest upheavals in the Chinese financial market may bring it one step closer to becoming a developed market. For now, the picture isn’t a pretty one: The Shanghai composite has slumped about 15 percent this year, high-profile mainland companies have disappointing in initial public offerings, and many Chinese private …

Andrew Harrer | Bloomberg | Getty Images Shoppers walk past a Bed Bath & Beyond Inc. store in Washington, D.C. Check out the companies making headlines after the bell: Bed Bath & Beyond shares plunged 15 percent in after-hours trading after the company reported second-quarter earnings numbers that missed expectations. …

Stephanie Keith | Getty Images President Donald Trump addresses the media along with U.S. Ambassador to the United Nations Nikki Haley during his arrival at the United Nations during the United Nations General Assembly on September 25, 2018 in New York City.  President Donald Trump was not applauding the Fed’s …

James Lawler Duggan | Reuters Federal Reserve Chairman Jerome Powell gives testimony on the economy and monetary policy before the Senate Banking Committee in Washington, July 17, 2018. Federal Reserve Chairman Jerome Powell says American companies are getting more worried about tariffs and the trade war between the U.S. and …

Chegg plunged more than 12 percent Wednesday after disclosing a data breach that could affect customers’ user information. In a filing with the SEC Tuesday, the online textbook rental and tutorial company said that, in late April, an unauthorized party gained access to a company database hosting user data — …

Saul Loeb | AFP | Getty Images Federal Reserve Board Chairman Jerome Powell speaks during a press conference in Washington, DC, September 26, 2018.  Comments from Federal Reserve Chairman Jerome Powell sent bond yields lower even after the Fed hiked interest rates. Asked what could spur the Fed to increase …

Frederick Florin | AFP | Getty Images An employee works on the production of insulin pens at the factory of the US pharmaceutical company Eli Lilly in Fegersheim, France. Eli Lilly shares are attractive due to the drug maker’s strong pipeline, according to J.P. Morgan. The firm resumed coverage on …

Jabin Botsford | The Washington Post | Getty Images From left Amazon founder Jeff Bezos, Alphabet CEO Larry Page, and Facebook COO Sheryl Sandberg listen during a meeting with technology industry leaders at Trump Tower in New York, NY on Wednesday, Dec. 14, 2016. Six major internet companies and internet-service …