U.S. Secretary of State Antony Blinken boards his plane for travel to Berlin at Joint Base Andrews, Maryland, June 22, 2021. Andrew Harnik | Pool | Reuters BEIJING — U.S. Secretary of State Antony Blinken is set to travel to Beijing this weekend in his first trip to China under …

Alibaba founder Jack Ma is “happy,” according to the company’s President Michael Evans. Te comments come as speculation about the billionaire’s activities continues following China’s crackdown on Ma’s empire. Costfoto | Future Publishing | Getty Images PARIS — Alibaba founder Jack Ma is “alive” and “happy,” the Chinese e-commerce giant’s …

CNBC’s Jim Cramer on Thursday explained four different schools of thought in examining the mixed messages they took from Wednesday’s Federal Reserve meeting. While the Fed chose not to hike up rates in the short term, it hinted at more hikes later this year. Cramer noted that while investors have …

A raft of weak Chinese economic data in May has raised hopes of decisive policy intervention. Market watchers are anticipating the next steps from China’s State Council and a Politburo meeting in July, during which the Communist Party’s top brass will review the country’s economic performance in the first half …

Standard Chartered predicts that bitcoin could fall to $5,000 in 2023 as part of their research on potential market surprises next year. Nurphoto | Getty Images Cryptocurrency prices fell after the Federal Reserve’s June meeting, with bitcoin falling below $25,000 for the first time since March. On Thursday, bitcoin was …

The Pacific Container Terminal at the Port of Long Beach in California. Eric Thayer | Bloomberg | Getty Images West Coast port management and the labor union representing port workers reached a tentative deal late on Wednesday after the intervention of California labor market pro and Biden acting Labor Secretary …

Bitcoin is up 50% so far in 2023, beating major commodities and stock indexes. Filip Radwanski | Sopa Images | Lightrocket | Getty Images Asset management giant BlackRock took the first steps on Thursday to launch a spot bitcoin exchange traded fund, which has long been a point of contention …

Microsoft CEO Satya Nadella speaks at the company’s Build developer conference in Seattle, May 23, 2023. Microsoft Microsoft shares climbed to a record on Thursday, after analysts at JPMorgan Chase touted the software maker’s growth prospects in artificial intelligence. The stock rose 3.2% to close at $348.10, topping its prior …

Spacecraft VSS Unity fires its engine during the Unity 25 spaceflight, May 25, 2023. Virgin Galactic Virgin Galactic aims to launch its commercial space tourism service in late June. Shares of the company spiked more than 20% in extended trading Thursday. Virgin Galactic on Thursday said the flight, called Galactic …

Bowlero CEO Tom Shannon on Wednesday called discrimination claims against the fast-growing bowling alley operator “absurd,” but acknowledged the federal probe into those allegations may have hurt its stock price. “These allegations are frankly absurd. They don’t pass the sniff test. They don’t pass any common sense,” Shannon told CNBC’s …