China Industrial Profit Continued to Improve in October
Profits at China’s big industrial companies continued to improve in October, thanks to Beijing’s efforts to stimulate domestic demand. Industrial profits rose 2.7% from a year earlier in October, marking the third month of on-year increase, the National Bureau of Statistics said Monday. In the first 10 months of the year, China’s industrial… Master your […]
Congress returns to face big to-do list: Israel and Ukraine aid, possible border or tax deals, and more
Both the House and Senate are due to get back to work this week after their Thanksgiving break, and lawmakers have a lot on their plates. A divided Washington put off the threat of a partial government shutdown until mid-January by enacting a short-term spending bill in mid-November, but the measure didn’t address President Joe […]
Stock market heads into year-end with serious momentum. What that means for December and beyond.
Barring a sudden bout of post-Thanksgiving indigestion, the U.S. stock market looks poised to log a healthy November rally. And while there are certainly no guarantees, history says momentum is likely to beget momentum into year-end. “I think the market is set up for a strong, final six weeks of 2023 and I would expect the […]
My soon-to-be ex-husband placed his money in a trust before we married, and used it to buy properties. Am I entitled to any of these?
Dear Moneyist, My spouse created a revocable trust two months before our marriage without my knowledge. He placed all of his money in the trust fund. We are now getting a divorce. Am I entitled to any of his assets? Or not? He also bought an investment property, supposedly with his trust fund, a month […]
That may not be your daughter crying on the phone. AI scams are calling.
You already know not to click on suspicious emails, and to ignore those typo-laden texts claiming to be from a delivery service with an undeliverable package. Now fraudsters have found a way to take scam phone calls to the next level. These are similar to typical phone scams, where you get a call from someone […]
‘I cook and clean’: I live with my boyfriend. We’re 51. I pay for all utilities and groceries. Now he wants me to pay half his mortgage.
Dear Quentin, I have been in a relationship with this man for five years. I moved into his home a year ago. The plan was for me to pay all the utilities, dog expenses, and groceries. I cook and clean, and take care of things around the house and now he is asking me to […]
Opinion: ‘AI will be able to do everything,’ Elon Musk says. He’s wrong about jobs.
In a recent discussion with British Prime Minister Rishi Sunak, tech billionaire Elon Musk prophesied that there “will come a point where no job is needed,” owing to advances in artificial intelligence. “You can have a job if you want a job,” continued the CEO of Tesla TSLA and SpaceX, “but AI will be able to do everything.” […]
NFL committed to X as Elon Musk gets heat over hate speech
The National Football League is sticking with X, formerly known as Twitter, as Elon Musk’s site faces an advertiser revolt over hate speech and antisemitism on the platform. “I think X is in a very difficult business because of the content moderation that they have to deal with,” Brian Rolapp, the NFL’s media and business […]
Undaunted by hurricanes, COVID and quakes, Puerto Rico ready for its tech moment
Hurricanes, a pandemic and an earthquake can’t stop a swelling tech movement in Puerto Rico. They might have even spurred the movement. A devastating confluence of Hurricane Maria in late 2017, COVID-19 and a rash of earthquakes that wreaked havoc on infrastructure have steeled the resolve of entrepreneurs here. “We are a resilient economy,”… Master […]
Small music venues fight to keep prices affordable amid inflation
Melis82 | Istock | Getty Images It has never been easy for small or independent music venues to turn a profit. Now, with inflated operating costs, some owners are struggling to keep ticket prices affordable for audiences and take chances on lesser-known artists. The past year has seen music fans roaring back to large stadiums […]
