Workers are paying to get part of their paychecks early. It’s...
Fotostorm | E+ | Getty ImagesMillions of American workers are paying for early access to their paychecks. In some cases, it can come with a steep price.So-called "earned wage access" programs, which operate either directly to the consumer or through employers, let workers tap a...
China plans to merge 3 bad debt asset managers with its largest sovereign...
Multi exposure of virtual abstract financial graph interface on Chinese flag and sunset sky background, financial and trading conceptIgor Kutyaev | Istock | Getty ImagesChina plans to merge three of its largest state-owned bad debt asset managers with its China Investment Corp...
China’s luxury market is bouncing back with new areas of opportunity
A view of a scaled-up mock of a Louis Vuitton bag during a promotional event by the French luxury brand in Shanghai on Dec. 4, 2023.Future Publishing | Future Publishing | Getty ImagesBEIJING — China's luxury sales are rebounding, and while they're not back to 2021 levels yet,...
Stock market to ‘nowhere?’ Two ETF experts see more trouble ahead...
China may have trouble attracting investors again this year.ETF Action's Mike Akins sees challenges tied to the country's ability to generate stock market returns."It's kind of the old cliché. Fool me once, shame on you. Fool me twice, shame on me," the firm's founding partner...
LVMH shares jump over 12% as earnings point to luxury sector resilience
Bernard Arnault, Chairman and CEO of LVMH Moet Hennessy Louis Vuitton, speaks during a press conference to present the 2023 annual results of LVMH in Paris, France, January 25, 2024. Benoit Tessier | ReutersLVMH shares jumped more than 12% on Friday morning, after the world's...