Lourdes Balduque | Moment | Getty Images Target-date funds are meant as a one-stop shop for your retirement savings. But a key difference between fund brands means they may not be well-suited to all 401(k) investors — especially those close to retirement, financial experts said. Asset managers tweak the share …

US President Joe Biden and China’s President Xi Jinping (L) shake hands as they meet on the sidelines of the G20 Summit in Nusa Dua on the Indonesian resort island of Bali on November 14, 2022. Saul Loeb | Afp | Getty Images Half of Americans polled widely view China …

25 July 2023, Greece, Gennadi: A relief worker, who has been on duty for days, has laid down on a piece of cardboard by the side of the road to rest, in the background the plume of smoke from a newly erupted forest fire in the village of Gennadi. Mediterranean …

Facebook CEO Mark Zuckerberg at the F8 Facebook Developers conference on April 30, 2019 in San Jose, California. Justin Sullivan | Getty Images Shares of Meta surged more than 8% in early trading on Thursday, a day after the company posted stronger-than-expected results for the second quarter and gave guidance …

An influential oil producers’ alliance could collapse if unity dissolves around output policy, according to the managing partner of investing group Clean Energy Transition. Speaking to CNBC’s “Street Signs Europe” on Thursday, Per Lekander said waning oil demand growth and a lack of cooperation may facilitate the demise of OPEC+ …

A Southwest Airlines aircraft at a gate at AustinBergstrom International Airport (AUS) in Austin, Texas, US, on Thursday, Feb. 16, 2023.  Jordan Vonderhaar | Bloomberg | Getty Images Check out the companies making headlines in early morning trading. Southwest Airlines — The carrier slid 6% premarket after reporting a mixed …

The European Central Bank announced a new rate decision Thursday. Daniel Roland | AFP | Getty Images The European Central Bank on Thursday announced a new rate increase of a quarter percentage point, bringing its main rate to 3.75%. The latest move completes a full year of consecutive rate hikes …

Meta reported second-quarter earnings on Wednesday and said that its Reality Labs unit, which develops virtual reality and augmented reality technologies needed to power the metaverse, logged a $3.7 billion operating loss. The unit recorded $276 million in second-quarter sales, down from the $339 million in revenue it brought during …

The chief executive of Airbus has called a lack of European collaboration on major defense projects following Russia’s full-scale invasion of Ukraine “frustrating.” Guillaume Faury told CNBC’s Charlotte Reed that while there were pre-existing projects such as France, Germany and Spain’s Future Combat Air System, which Airbus is working on, …

In an aerial view, a sign is posted in front of a McDonald’s restaurant on April 03, 2023 in San Pablo, California. Justin Sullivan | Getty Images McDonald’s on Thursday reported quarterly earnings and revenue that topped analysts’ expectations as its China sales rebound and mascot Grimace drives U.S. visits. …