Business & Finance articles


Apple’s iPhone XS and XS Max Are Good Enough to Win Over Owners of Older iPhones

Apple’s iPhone XS and XS Max Are Good Enough to Win Over Owners of Older iPhones

As expected, reviewers mostly judge the iPhone XS and XS Max to be just incrementally better than the iPhone X. It’s worth keeping in mind, however, that most potential iPhone XS buyers won’t be iPhone X owners. Rather, they’ll be owners of an iPhone 7 or an older Apple (AAPL) smartphone — products that the


Latest Big Chip Deal Is an Encouraging Sign for Semiconductor M&A

For a chip industry that had seen M&A activity slow to a halt amid heightened trade tensions, Renesas’s $7.2 billion deal, announced on Tuesday, to buy Integrated Device Technology (IDTI)  is a sight for sore eyes. Certainly, the fact that Renesas is a Japanese company, rather than an American one, might have much to do

Treasurys rally after weak private-sector employment report

Treasury prices rose, pushing yields lower, Thursday after the weaker-than-expected private sectors payrolls number, suggested a softer number in the official jobs report on Friday. The 10-year Treasury note yield TMUBMUSD10Y, -0.13% slipped 2.5 basis points to 2.877%, retreating from its three-week high. The 30-year bond yield TMUBMUSD30Y, +0.04% fell 2 basis points to 3.054%,

Stocks Set Records After Fed Chief Projects Gradual Rate Increases

Here Are 4 Hot Things to Know About Stocks Right Now Federal Reserve Chairman Jerome Powell said gradual interest rate hikes were appropriate to keep inflation under control. The S&P 500   set a record closing high Friday, eclipsing January’s peak and notching its seventh weekly gain in eight weeks. The Nasdaq also set an intraday high


Tapestry CEO Talks Trade, Kate Spade Revival and Selena Gomez

Tapestry (TPR) had a fashionable end to its reporting year. The purveyor of the Coach and Kate Spade brands posted fourth fiscal earnings of 60 cents a share, beating Wall Street forecasts for 57 cents a share. Sales came in at $1.48 billion, narrowly surpassing estimates. Same-store sales, which for Tapestry encompasses sales online and


China’s economy slumped in July

BEIJING–Business activities in China cooled further in July, with investment slowing to a near two-decade low, official data showed, suggesting the Chinese economy is facing increased headwinds amid rising trade tensions with the U.S. Fixed-asset investment in China’s non-rural areas climbed 5.5% in the January-July period from a year earlier, the National Bureau of Statistics


Turkey’s crisis was not a black swan but it still played havoc with global markets

Turkey’s currency crisis is by no means a black swan event as trouble had been brewing in the country for several months. Still, fears of a spillover effect from the troubles in the world’s 17th largest economy played havoc with the global financial markets Friday as panicked investors ran for cover. Turkey is an emerging-market