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Energy

Chinese cities reportedly go dark as country faces shortage of coal, a major Australian export

05.01.2021

Staff members of quarantine service take a sample of coal imported from Australia in port of Rizhao, Shandong province. Jie Zhao | Corbis News | Getty Images SINGAPORE — Several …

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Finance

Here’s what happens if you own a share of a Chinese company that gets delisted

05.01.2021

Traders work on the floor of the NYSE in New York. NYSE BEIJING — For Americans looking to play the China growth story, investing in the country’s U.S.-listed stocks now …

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Finance

China’s electric carmakers are paying top dollar to snap up prime storefronts

05.01.2021

Customers viewing electric vehicles at a Xpeng Motors store on Oct. 6, 2020 in Beijing, China. Visual China Group | Getty Images BEIJING — Chinese electric carmakers are splashing out …

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Wealth

The legacy of 2020: Riches for the wealthy, well educated and often White, financial pain for others

04.01.2021

The New York Stock Exchange (NYSE) in lower Manhattan. Spencer Platt | Getty Images The legacy of 2020 will endure in America’s collective memory for many reasons: a deadly pandemic, …

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Wealth

A powerful money lesson from Bill Gates: Why you should save like a pessimist, but invest like an optimist

04.01.2021

Without a doubt, Bill Gates is a genius. The Microsoft co-founder dropped out of college at age 19 because he believed a computer should be on every desk and in …

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Economy

Home prices are rising faster in the middle of the U.S. as Covid drives people away from coasts

04.01.2021

Homes in Memphis, Tennessee. Getty Images Home prices are rising across the nation, but the Covid pandemic is turning the usual geographical trends on their heads. Home values have historically …

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Wealth

Kevin O’Leary: How Americans should spend their stimulus checks

04.01.2021

As part of the $900 billion coronavirus relief bill, eligible Americans will soon receive a long-awaited second stimulus check — individuals who earned less than $75,000 in 2019 will receive …

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Finance

Dow slides more than 100 points after hitting a record high to start the new year

04.01.2021

Stocks fell slightly on Monday, the first trading day of 2021, following a wild but highly profitable year for investors. The Dow Jones Industrial Average traded 112 points lower, or …

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Finance

Bitcoin falls as record-breaking rally loses steam

04.01.2021

An illustration of bitcoin on Euro banknotes. Nicolas Economou | NurPhoto via Getty Images Bitcoin is pulling back from its record highs. The cryptocurrency briefly dipped below $30,000 Monday, just …

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