Starbucks won’t benefit from China’s post-Covid recovery
Starbucks opened its 6,000 store in mainland China in September 2022. Bloomberg | Bloomberg | Getty Images BEIJING — Chinese consumer spending won’t return to pre-Covid levels anytime soon, a…
Major central banks were expected to pause rate hikes soon. Now it’s not so clear cut
Traders react as Federal Reserve Chair Jerome Powell is seen delivering remarks on a screen, on the floor of the New York Stock Exchange (NYSE) in New York City, March…
Fintech firm reports 50% reduction in net loss
Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4, 2022. Chris Ratcliffe | Bloomberg via Getty Images Klarna, the Swedish buy now, pay…
Vesting schedules mean a 401(k) match can take years to own
Iparraguirre Recio | Moment | Getty Images 44% of plans offer a ‘rare’ advantage Companies use different timelines, or vesting schedules, to determine how long it takes for savers to…
JPMorgan Chase cut about 500 tech and ops jobs
JPMorgan Chase & Co. headquarters in New York, US, on Wednesday, Jan. 18, 2023. Gabby Jones | Bloomberg | Getty Images JPMorgan Chase cut about 500 positions this week, mostly…
Consumers are starting to fire up China’s economy, ETF experts find
China’s pandemic-battered economy is starting to see consumers open their wallets wider, according to KraneShares’ Brendan Ahern. “We’re seeing the incremental rebound from the Chinese consumer,” the firm’s chief investment…
TSA PreCheck makes sense amid busy travel season if you can get it
Izusek | E+ | Getty Images The 2023 summer travel season is expected to be a busy one, making federal programs like TSA PreCheck especially helpful for flyers, according to…
Paramount shares pop after BDT Capital bets on the media giant’s key shareholder
The Paramount logo is displayed at Columbia Square along Sunset Blvd in Hollywood, California on March 9, 2023. Patrick T. Fallon | AFP | Getty Images Paramount Global shares jumped…
Marvell Technology shares surge after earnings beat
Market Movers rounded up the best reactions from investors and analysts on Marvell Technology . The chipmaker’s stock hit a new 52-week high Friday. A day earlier, Marvell posted beats…
Marvell, Gap, RH and more
Check out the companies making headlines before the bell. Marvell Technology — Marvell Technology surged 17% in premarket trading after reporting a top-and-bottom beat in its first quarter. Marvell posted…