(Bloomberg) — Defaults in an opaque corner of China’s local debt market have surged to a record high, ensnaring investors who’d assumed the securities had an implicit guarantee from the state. Most Read from Bloomberg It wasn’t supposed to be this way. Last year, confronted with a wave of bad debt issued by municipalities’ financing […]

Charles Schwab may have a big elder fraud problem on its hands. For the third time in less than two months, Schwab and its affiliates have been accused of doing virtually nothing to prevent scammers from draining its clients’ accounts of their retirement savings. The latest case, filed Wednesday in federal district court in Northern

November is a great month for bargains. Black Friday happens this month after all, and the supposed single-day sale holiday seems to get stronger and go longer every year. Plus, online retailers like to keep you guessing and may drop a worthy deal on any given day. Your strategy to save money this month? Review

MUMBAI, MAHARASHTRA, INDIA – 2024/10/21: Hyundai logo is seen on the Hyundai car showroom in Mumbai. Hyundai Initial Public Offer (IPO) will be listed on the stock exchange on 22nd October 2024. (Photo by Ashish Vaishnav/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images This report is from this week’s CNBC’s “Inside

By Arathy Somasekhar HOUSTON (Reuters) -Top executives of two U.S. energy pipeline operators on Thursday ruled out building new crude oil lines to move volumes out of the Permian shale field in West Texas because of tepid volume growth and difficulties constructing new lines. A wave of consolidation in the top U.S. shale field has

<img src=' alt=' Getty Images ‘ title=”The GE HealthCare logo is seen on the wall of an exhibit at the 2023 World Health Expo in China.”> Getty Images Key Takeaways GE HealthCare will report earnings before the bell Wednesday, with analysts projecting revenue and profits to rise from the same time last year. In the

Trump declared that there “WILL BE NO THIRD DEBATE” in a post on Thursday.Chip Somodevilla/Getty Images Emerging markets stocks are set for their worst monthly decline since January. The slump comes as investors price in higher odds of a Trump win in the upcoming US election. Trump has pledged to drastically raise import tariffs to

Nvidia CEO Jensen Huang speaks during Computex 2024 in Taipei on June 4, 2024.  I-hwa Cheng | AFP | Getty Images Nvidia on Thursday announced a slew of partnerships with major Indian firms and launched a Hindi language model, as the American chip company looks to ramp up business in one of the world’s biggest

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Silver prices have experienced a significant increase, rising over 6% to exceed $33.6 per ounce. This unexpected surge has put five U.S. banks at risk of substantial financial losses due to their large short positions in the metal.

FTI earnings call for the period ending September 30, 2024. Image source: The Motley Fool. TechnipFMC Plc (FTI 2.78%)Q3 2024 Earnings CallOct 24, 2024, 8:30 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good day, and welcome to the TechnipFMC third quarter 2024 earnings conference call. [Operator instructions] And finally,