Finance

Binance’s Co-founder & CEO Changpeng Zhao has given several interviews discussing the outlook for cryptocurrency following a turbulent couple of weeks in the market. NurPhoto / Contributor / Getty Images The $2.2 billion of U.S. customer assets held by Binance is at “significant risk” of being stolen by founder Changpeng …

Amnon Shashua, president and chief executive officer of Mobileye Global, and Patrick Gelsinger, chief executive officer of Intel Corp., outside the Nasdaq MarketSite during the company’s IPO in New York, US, on Wednesday, Oct. 26, 2022. Michael Nagle | Bloomberg | Getty Images Check out the companies making the biggest …

Jackyenjoyphotography | Moment | Getty Images Steady contributions make investing ‘more palatable’ Among the primary benefits of dollar-cost averaging: It strips the emotion out of investing. “Doing a little bit over time will average out the good days and bad days [in the market] and make it a more palatable …

Traders work on the floor of the New York Stock Exchange (NYSE) May 30, 2023. Brendan McDermid | Reuters Stock markets are ignoring a “laundry list” of potential risks in their recent bull run, and a big downturn could be incoming, according to Julian Howard, investment director for multi-asset solutions …

A food delivery worker sits outside a restaurant at a shopping mall in Beijing on May 30, 2023. Jade Gao | Afp | Getty Images BEIJING — China’s economic recovery from the pandemic is set to broaden, meaning the country isn’t headed toward Japan-style stagnation just yet, according to Macquarie’s …

A major ETF firm provider is betting the artificial intelligence boom is just starting. Roundhill Investments launched the Generative AI & Technology ETF (CHAT) less than 20 days ago. It’s the first-ever exchange-traded fund designed to track companies involved in generative AI and other related technologies. “These companies, we believe, …

A waiter works at a restaurant in Alexandria, Virginia, on June 3, 2022. Olivier Douliery | AFP | Getty Images The U.S. payrolls report for May blew past expectations, supported by strong jobs gains in the professional and business services sector — as well as a jump in government employment. …

People walk past Macy’s on January 26, 2023 in New York City. US gross domestic product increased at an annual rate of 2.9% in the fourth quarter of 2022. Leonardo Munoz | Corbis News | Getty Images Check out the companies making headlines before the bell. Nordstrom — Shares rose …

Customers walk through a shopping mall along the Magnificent Mile in Chicago, March 15, 2023. Scott Olson | Getty Images Check out the companies making headlines after the bell. Nordstrom — Shares of the high-end department store jumped 9% in extended trading after its fiscal first-quarter sales beat Wall Street’s …

Construction on a real estate development project gets underway near the Bund in Shanghai, China, on May 25, 2023. Future Publishing | Future Publishing | Getty Images BEIJING — New data show China’s massive property sector is still struggling to turn around, despite signs of recovery earlier this year. “In …