Stock market today: Asian shares slip as China says economy hit 5% growth target in '24

BANGKOK (AP) — Shares were mostly lower in Asia on Friday after China reported that its economy grew at a last year, hitting the government’s target but slowing from the year before.

Stock market today: Asian stocks follow Wall Street's retreat, oil prices surge

HONG KONG (AP) — Asian stocks retreated on Monday after U.S. stocks fell as raised inflation worries.

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Stock market today: Asian shares track Wall St's strong finish ahead of Trump's inauguration

BANGKOK (AP) — Asian shares advanced early Monday after U.S. stock indexes rallied to close out their best week in two months, while U.S. futures and oil prices were little changed.

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JPMorgan's net income jumps 50% to more than $14 billion in the final quarter of 2024

JPMorgan’s net income soared 50% to more than $14 billion in the fourth quarter as the bank’s profit and revenue easily beat Wall Street forecasts, and other major banks reported banner earnings for the year.

How mega-polluters take advantage of billions in green loans

Shell got one. So did the pipeline company Enbridge. And last summer, energy giant Drax got its biggest one to date, worth more than half a billion dollars.

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Stock market today: Asian shares trade mixed after drops for Big Tech leave Wall Street mixed

TOKYO (AP) — Asian shares traded mixed Tuesday, echoing Wall Street trading, where gains for oil-and-gas producers helped offset drops for and other Big Tech companies.

Shadow fleet of tankers keeps Russia's oil money flowing despite Western sanctions

FRANKFURT, Germany (AP) — The Group of Seven democracies have that help fund the war against Ukraine. But Western governments and sanctions experts say Moscow has resorted to using a so-called shadow fleet of hundreds of aging tankers of uncertain ownership and safety practices that are dodging sanctions and keeping the oil revenue coming.

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How the wildfires in Los Angeles area could affect California's home insurance market

SACRAMENTO, Calif. (AP) — The wildfires that destroyed homes in multiple sections of will test California’s efforts to stabilize the state’s insurance marketplace after many insurers stopped issuing residential policies due to the high fire risk.

Stock market today: Asian shares are mostly lower after Wall St holds firm

BANGKOK (AP) — Asian stocks were mostly lower on Thursday after U.S. stock indexes finished mixed a day after strong reports on the economy stirred up worries that inflation and interest rates may remain higher than expected.

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Stock market today: Asian shares slip after Wall St slumps despite strong US economic data

HONG KONG (AP) — Asian markets were mostly lower on Wednesday after shares slumped on Wall Street despite better-than-expected reports on the U.S. jobs market and business activity.

Stock market today: Asian stocks are mixed after Wall Street snap out of holiday-season funk

HONG KONG (AP) — Asian stocks are mixed after Wall Street snapped out of a spell of holiday season blues, with markets in Tokyo and China declining.

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Corporate earnings growth faces uncertainty amid inflation worries, policy shift impact

NEW YORK (AP) — Wall Street expects corporate profits to have surged in 2024 and forecasts an even stronger jump for 2025.

China's manufacturing activity slows in December as trade risks grow

HONG KONG (AP) — China's factory activity expanded at a slower pace in December, official data showed on Tuesday, despite recent stimulus measures and in the face of increasing trade risks.

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Holiday shoppers increased spending by 3.8% despite higher prices

Sales rose this year during the holiday shopping season even as Americans wrestled with elevated prices for many groceries and other necessities, according to new data.

How the stock market defied expectations again this year, by the numbers

NEW YORK (AP) — What a wonderful year 2024 has been for investors.

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Congress is looking to ban Chinese drones that are widely used in US. What to know about the debate

WASHINGTON (AP) — The economic and technological rivalry between the United States and has come to the , where Chinese-made flying devices are a dominant player.

Many Americans have come to rely on Chinese-made drones. Now lawmakers want to ban them

WASHINGTON (AP) — Russell Hedrick, a North Carolina farmer, flies drones to spray fertilizers on his corn, soybean and wheat fields at a fraction of what it would cost him to use a conventional ground spreader.

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Russian central bank holds rates steady at 21% amid criticism from key business figures

Russia's central bank has left its benchmark interest rate at 21%, holding off on further increases as it struggles to snuff out inflation fueled by the government's spending on the war against Ukraine.

MrBeast's show includes $4.2M giveaway with app critics say may trap other borrowers with high fees

NEW YORK (AP) — MrBeast's ambitious reality show, which the YouTube megastar hopes will expand his giant online reach and turn the corner on recent controversies, is already raising questions from consumer advocates over a partnership with a fintech company.

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The US egg industry kills 350 million chicks a year. New technology offers an alternative

WILTON, Iowa (AP) — Every year the U.S. egg industry kills about 350 million male chicks because, while the fuzzy little animals are incredibly cute, they will never lay eggs, so have little monetary value.

Brazil's currency drops to weakest level yet as Lula's fiscal measures debated

SAO PAULO (AP) — real on Wednesday fell to its weakest level against the dollar since the currency was introduced in 1994, undercut by investors' frustration with President Luiz Inácio Lula da Silva's efforts to rein in government spending.

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UK inflation rises further above Bank of England's target in November

LONDON (AP) — Inflation in the U.K. has risen to its highest level since March, driven by an increase in fuel prices last month, official figures showed Wednesday.

Billion-dollar donation from Netflix's Reed Hastings leads 2024's list of biggest gifts

The Chronicle’s annual list of the biggest charitable donations from individuals or their foundations totaled nearly $6 billion in 2024, with half of that coming from three contributions of $1 billion or more each. Two of those three gifts went to medical schools to provide financial aid. Altogether, four of the top donations on the list, totaling $2.3 billion, went to support financial aid.

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Stock market today: Asian shares fall as China reports lackluster data, while bitcoin hits new highs

BANGKOK (AP) — Shares retreated Monday in Asia after reported lackluster economic indicators for November, while bitcoin surged to fresh highs, topping $106,000.

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