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(Bloomberg) -- China's Evergrande Group filed for Chapter 15 bankruptcy protection in New York on Thursday, in a move that shields its US assets from creditors while it works on a restructuring deal elsewhere.Most Read from BloombergThe China Homebuilder's Chapter

On Thursday, US stocks closed sharply lower for the third consecutive session as the August gloom continued on Wall Street.The leading Dow Jones Industrial Average (^DJI) is down about 0.8%, while the S&P 500 (^GSPC) is down about the same

Empty nester not saving enough for retirementSaving for retirement It is a lifetime pledge. It involves taking into account your retirement goals as you have kids, get different jobs and move from place to place. However, a recent

SHANGHAI (Reuters) - Major Chinese state-owned banks have been seen busy selling U.S. dollars to buy yuan on onshore and offshore spot foreign exchange markets this week, people with direct knowledge of the matter said, in a bid to slow

(Bloomberg) -- Cisco Systems Inc. Inc., the largest maker of computer networking equipment, is in late trading after the company outlined advances in artificial intelligence and security technology, which helped ease concerns about slowing sales.Most Read from BloombergCisco, which

A trader interacts while working on the floor of the New York Stock Exchange (NYSE) in New York, US, March 18, 2020.Lucas Jackson/ReutersEd Yardini said the bond market is sending a warning about mounting US debt.This is seen in the

This article first appeared in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it straight to your inbox every Wednesday. Participate.Nvidia (NVDA) will report its second-quarter earnings after the closing bell next Wednesday,

(Bloomberg) -- Intel is expected to cancel its planned $5.4 billion acquisition of Tower Semiconductor Ltd. With time running out to win regulatory approval, according to people familiar with the matter.Most Read from BloombergThe deadline for the deal, announced

(Bloomberg) -- Zhongrong International Trust has missed payments on dozens of products and has no immediate plan to get customers full, suggesting that problems at China's beleaguered shadow bank are deeper than previously known.Most Read from BloombergWang Qiang, secretary of

Nvidia CEO Jensen Huang.Kim Kulish/Corbis/Getty ImagesNvidia reports earnings next week, and the chip maker's results alone could swing the stock market.This is according to Gene Munster of Deepwater, who cited Wall Street's craze over AI."All eyes are on their data

(Bloomberg) -- VinFast Auto Ltd. has soared in its public start, outperforming its market value beyond General Motors Corp. and Ford Motor Co., as traders flipped shares of the electric automaker.Most Read from BloombergThe Vietnamese company, which went public in

Warren Buffett He is widely recognized as the greatest investor of all time, so when he buys new stocks, investors tend to pay attention. According to the latest 13F filing, which was released yesterday, Buffett's Berkshire Hathaway initiated deals

Internet service company in Southeast Asia Sea Ltd. (SE) on Tuesday to its lowest level since November 2022 after reporting second-quarter revenue that fell short of analysts' expectations. SE stock is down nearly 29% on the day. X The Singapore-based company

A couple looks at their retirement plan while sitting in their kitchen. One of the most important retirement decisions is choosing how much you want to withdraw from your savings. You need to take just enough to meet your

Shares of Discover Financial fell more than 9% on Tuesday after the Riverwoods-Ill. Roger Hochschild is stepping down as CEO, effective immediately.The company said after markets closed Monday that John Owen, a board member and former chief financial officer

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