Michael Feroli, chief U.S. economist of JPMorgan Securities, listens during a Bloomberg Television interview in New York on March 6, 2018. Christopher Goodney | Bloomberg | Getty Images The Federal Reserve should cut interest rates by 50 basis points at its September meeting, according to JPMorgan's Michael Feroli. "We...
How investors can prepare for lower interest rates: It’s ‘like getting a haircut,’ advisor says
Federal Reserve chair Jerome Powell on Friday gave the clearest indication yet that the central bank is likely to start cutting interest rates, which are currently at their highest level in two decades. If a rate cut comes in September, as experts expect, it would be the first time officials...
China’s self-driving startup WeRide delays U.S. IPO as deadline looms
In this photo illustration, a WeRide logo of Chinese robotaxi firm is seen on a smartphone and a pc screen. Getty Images Self-driving technology company WeRide delayed its plan for an initial public offering in the U.S., citing its need for more time to complete documents. "Updating transaction documents...
China’s new rules are worrying insiders about how far Beijing will go on controlling critical metals
BEIJING — China's latest export controls has rattled insiders of the critical minerals industry, and some are concerned that Beijing will leverage its global supply chain dominance in unprecedented ways. China's Ministry of Commerce announced Thursday that export controls on antimony would take effect Sept. 15. Antimony is used in...