Federal Reserve Chair Jerome Powell dodged question after question at his Thursday news conference from a press corps eager to elicit the central bank leader's thoughts about President-elect Donald Trump. At some point, though, Fed policymakers, economists and analysts will need to account for what likely will be an ambitious...
Sony raises guidance on gaming strength, quarterly operating profit beats estimates
Sony's PlayStation 5. Thiago Prudencio | Lightrocket | Getty Images Sony raised sales guidance for the full year on Friday and posted operating profit that smashed analyst expectations after a strong quarter for its gaming business. Here's how the company did in the September quarter, versus LSEG consensus estimates:...
China expected to announce highly anticipated fiscal stimulus package
BEIJING – China is widely expected to unveil more stimulus on Friday after its parliament ends a five-day meeting. Authorities here have ramped up stimulus announcements since late September, fueling a stock rally. President Xi Jinping led a meeting on Sept. 26 that called for strengthening fiscal and monetary support,...