Economy

China dials down growth ambitions with decades-low target. Here's why

China has set its lowest growth target in decades, acknowledging domestic challenges and pointing to global uncertainty.

ATMs are fighting for relevance

As payments go digital and consumers migrate online, demand for branches and ATMs is shrinking — raising new questions about their place in a fully digital economy.

Iran war hits housing market as mortgage rates rise to 6% on inflation fears

Mortgage rates are edging up on Thursday amid renewed inflation fears tied to the war in Iran.

China In Talks With Iran For Safe Passage Through Hormuz, As WH Scrambles To Contain Rising Energy Prices

US oil tops $80 a barrel for first time since January 2025.

Historic winter storms weigh on Gap, Old Navy performance after 800 temporary store closures

Gap has been on a steady upswing of growth but saw worse than expected results during its holiday quarter after historic winter storms led to store closures.

This group of stocks is a perfect way to play this fraught market, says Wells Fargo

Select utilities offer ways to play the AI boom while also hedging against rising geopolitical risks, the firm found.

A record share of Americans are taking emergency withdrawals from their 401(k)s

A record share of Americans are tapping their retirement savings accounts to cover emergency expenses, according to new data from financial services firm Vanguard.

Some banks raised CD yields last month. Where you can still snag 4%

The rates give savers another opportunity to lock in sweet yields in the event the Federal Reserve resumes its rate cuts.

Israeli Op? Millions in Tucker Carlson's ALP Inventory Stolen

Company offering $100K reward for info that leads to return of product.

U.S. manufacturers are still shedding thousands of jobs, as workers ask White House for help

About 350 Whirlpool factory workers in rural Iowa will lose their jobs on March 9 — a blow to a community where the plant has anchored the local economy for eight decades. The layoffs are also another sign of U.S. manufacturers' ongoing struggles, which have persisted despite the Trump administration's pledge to revive the sector.

Stock market falls resume as US-Israel war with Iran drives up oil and gas prices

FTSE 100 and France’s CAC down 1.5%; Germany’s DAX and Italy’s FTSE MIB down 1.6%; the Dow Jones was down 2%

The S&P 500 shrugs off 1% and 2% daily drops all the time. Investors can, too, financial advisors say

Investors should ignore even big market drops: The S&P 500 fell by 1% or more on 1,001 days since 1996, an analysis by Morningstar Direct found.