Finance

10’000 Hours | Digitalvision | Getty Images Pension plans for the largest U.S. companies are at their healthiest in more than a decade — and that’s largely good news for the workers who participate in such plans, said retirement experts. Public companies in the S&P 500 stock index had an …

BEIJING — Europe has launched an investigation into Chinese electric vehicle subsidies, but no assumptions should be made about the probe’s outcome, the head of trade for the European bloc’s executive branch said Tuesday. About two weeks ago, the European Commission announced an investigation into government subsidies for EV makers …

A man looks at his smartphone inside a mall in Beijing on August 15, 2023. Greg Baker | Afp | Getty Images BEIJING — Without more stimulus, China is increasingly likely to miss its growth target of around 5% this year, economists said. The country on Tuesday suspended releases of …

Former Goldman Sachs CEO Lloyd Blankfein said he couldn’t imagine returning to his old firm, disputing a news report that said Blankfein offered to return in some capacity. The New York Times piece “misquoted” Blankfein, the former Goldman CEO told CNBC Monday in a phone conversation. The Times reported Friday …

A woman walks at the Bund in front of the financial district of Pudong in Shanghai, China. Aly Song | Reuters BEIJING – China’s economy is running into more challenges. Credit data for July released Friday showed a slump in demand from businesses and households to borrow money for the …

Advancements in investment products and trading platforms haven’t altered long-standing investing fundamentals, according to neurologist and best-selling financial author William Bernstein. Bernstein, who released the second edition of his 21-year-old classic investment guidebook “The Four Pillars of Investing” this summer, joined CNBC’s Bob Pisani on “ETF Edge” this week. The …

An AI (Artificial Intelligence) sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023.  Aly Song | Reuters Market participants are “overconfident” about their ability to predict the long-term effects of AI, according to Mike Coop, chief investment officer at Morningstar Investment Management. Despite …

Pictured here are residential buildings developed by Country Garden Holdings Co. in Baoding, Hebei province, China, on Tuesday, Aug. 1, 2023. Qilai Shen | Bloomberg | Getty Images BEIJING — Two years after Evergrande’s debt troubles, worries about China’s real estate sector are coming to the forefront again. Country Garden, …

Passengers swipe ID cards to exit Fuzhou South Railway Station on Dec. 16, 2021. The process doesn’t require passengers to remove masks for facial recognition. China News Service | China News Service | Getty Images BEIJING — China is planning to restrict businesses’ use of facial recognition technology in favor …

A truck delivers a load of live chickens to the Tyson Foods processing plant in Monroe, North Carolina. Alan Slitz | Tribune News Service | Getty Images Check out the companies making headlines before the bell Monday. Tyson Foods — Shares of the food processing company fell more than 7% …