China’s property giant Evergrande files for bankruptcy protection in Manhattan court
Economy

China’s property giant Evergrande files for bankruptcy protection in Manhattan court

A residential complex constructed by Evergrande in Huai’an, Jiangsu, China, on July 20, 2023.Future Publishing | Future Publishing | Getty ImagesChina’s heavily indebted property giant Evergrande Group on Thursday filed for Chapter 15 bankruptcy protection in a U.S. court.In a filing with the Manhattan bankruptcy court, the company referenced restructuring proceedings in Hong Kong, the… […]

FBI warns against using public phone charging stations
Economy

FBI warns against using public phone charging stations

People charge their mobile devices at a Street Charge station in the Brooklyn Borough of New York.Brendan McDermid | ReutersThe FBI recently warned consumers against using free public charging stations, saying crooks have managed to hijack public chargers that can infect devices with malware, or software that can give hackers access to your phone, tablet… […]

Costco’s weaker sales offer a buying opportunity for investors
Economy

Costco’s weaker sales offer a buying opportunity for investors

Costco Wholesale ‘s (COST) soft March sales and subsequent drop in its stock price late last week offer an opportunity to buy shares of the retailer on weakness, according to Wall Street analysts — a view we share. Costco late Wednesday said overall same-store sales fell 1.1% in March , with members of the wholesaler… […]

Pfizer CEO signs open letter calling for reversal of Texas abortion pill ruling
Economy

Pfizer CEO signs open letter calling for reversal of Texas abortion pill ruling

Pfizer Chairman and CEO Albert Bourla attends a conversation during the World Economic Forum WEF 2022 Annual Meeting in Davos, Switzerland, May 25, 2022.Zheng Huansong | Xinhua News Agency | Getty ImagesPfizer’s CEO signed on to an open letter calling for the reversal of a federal judge’s decision to suspend the Food and Drug Administration’s… […]

31-year-old made $27,000 in under a year from her LinkedIn side hustle: It ‘has really saved me and allowed me to pay my bills’
Economy

31-year-old made $27,000 in under a year from her LinkedIn side hustle: It ‘has really saved me and allowed me to pay my bills’

Jayde Powell started her social media career over a decade ago, working for wellness brands and big name companies like Delta Airlines. She never imagined she’d make money creating content as herself — especially not on LinkedIn. Powell started posting observations from her experience in corporate America on the job search-platform after she noticed other […]

Hyper-local vs. hyper-focused: Two China ETFs go on different paths
Economy

Hyper-local vs. hyper-focused: Two China ETFs go on different paths

Two exchange-traded funds are looking for profits in China with two different strategies. While the Rayliant Quantamental China Equity ETF dives into specific regions, the newly launched Roundhill China Dragons ETF buys the country’s biggest stocks. “[It’s] focused just on nine companies, and these companies are the companies that we identified as having similar characteristics […]