Ocean freight spot rates are experiencing a sudden, surprise spike as a container crunch in peak shipping season roils global trade and could hit the consumer.
JPMorgan is "positive" on China stocks and "constructive" on its real estate sector as the world's second-largest economy strives to prop up its equity and property markets.
OpenAI on Thursday sent an internal memo releasing former employees from non-disparagement agreements that did not expire, which had incited controversy.
The regulator said it will allow exchanges to list funds that buy and hold the ether cryptocurrency, following a similar move for bitcoin funds in January.
Boeing's aircraft deliveries won't recover in the second quarter from the first, as the manufacturer deals with a host of production challenges, its CFO said.
The Commerce Department is weighing how to allocate the final $6 billion in CHIPS Act award money to fund semiconductor suppliers, legacy chipmakers and others.
Some analysts on Wall Street think increased cannabis adoption will have an impact on the alcohol industry, with the potential for mergers and fewer beer sales.