Finance

Asian shares lower on jitters over US policy toward China

Shares were mostly lower in Asia after talk of limits on U.S. stock listings by Chinese companies undermined optimism over progress in trade negotiations. Chinese manufacturing data was slightly better than analysts’ estimates, but Friday’s downbeat mood on Wall Street carried over into Monday’s trading. Tokyo’s Nikkei 225 index lost 0.6% to 21,755.84 and the […]

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Asian shares mixed as Chinese markets head into holidays

Shares were mixed in a narrow range in Asia on Monday, with markets in China heading into a national holiday. Chinese manufacturing data was slightly better than analysts’ estimates, helping to boost sentiment. But the downbeat mood on Wall Street on Friday carried over into Monday’s trading. Tokyo’s Nikkei 225 index lost 0.5% to 21,764.54

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The New York Fed Chief Is Facing His Biggest Test. Here’s His Response.

The approach requires the Fed to hang on to large holdings of government-backed bonds to keep reserves, essentially currency deposits at the Fed, plentiful. Central bankers had thought that they had a long way to go before reserves became scarce. So until last month, they were shrinking their balance sheet and drawing down that supply.

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Who Succeeds Mark Carney? Brexit Brings Uncertainty to the Bank of England

The British government is hiring. Requirements: A candidate who can keep markets calm, put up with criticism from politicians and deftly respond to an unprecedented economic event as Britain tears itself away from the European Union, while the rest of the world economy stutters. Send applications to: Unknown. The person who succeeds Mark Carney as

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Bit by Bit, Socially Conscious Investors Are Influencing 401(k)’s

Peter Rothstein has a job with a social purpose: expanding the clean energy industry in the northeastern United States as a way to mitigate climate change. Soon, he will be able to support that mission when he saves for retirement. In November, the Boston-based Northeast Clean Energy Council, where Mr. Rothstein is president, will revise

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Two-Thirds of College Students Take On Debt, but Amount Is Rising More Slowly

Here are some questions and answers about borrowing for college. How much money may I borrow for college? The amount of federal loans that dependent undergraduate students — meaning they rely on their parents for financial support — may borrow each year is limited to $5,500 for freshmen, $6,500 for sophomores, and $7,500 for juniors

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US durable goods orders edge up slight 0.2% in August

Orders to U.S. factories for big-ticket manufactured goods showed a slight increase in August but a key sector that tracks business investment plans declined, likely reflecting fallout from President Donald Trump’s trade wars. Orders for durable goods edged up 0.2% in August after a much bigger 2% gain in July, the Commerce Department reported Friday.

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