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Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection — a snapshot of what I'm seeing and hearing from local businesses.
Markets
Wendy's (WEN) nearly two years of struggles competing with the likes of behemoths McDonald's (MCD) and Yum! Brands' (YUM) Taco Bell, plus upstarts such as Shake Shack, are creating one big problem.
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Intel announced a $15 billion common stock offering on Monday to support skyrocketing customer demand for artificial intelligence computing power.
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OpenAI completed a secondary share sale totaling roughly $7 billion, allowing current and former employees to sell stock at the company's $852 billion valuation, CNBC confirmed on Monday.
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Archer Aviation’s stock is flying higher after the company agreed to buy three business units from Boeing.
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Here’s how the Protect College Sports Act could impact the economics of college sports.
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September WTI crude oil (CLU26 ) is up +2.76 (+3.53%) on Friday, and September RBOB gasoline (RBU26 ) is up +0.1203 (+4.03%). Crude oil and gasoline prices are sharply higher today, with gasoline climbing to a 1-week hi…
Markets
The S&P 500 Index ($SPX) (SPY) today is down -0.04%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.14%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.15%. September E-mini S&P futures (ESU26) are down -0…
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OpenAI on Monday said it is expanding Daybreak, its exclusive cybersecurity initiative, to help give its participants access to the "right capabilities" that they need to help defend themselves from attackers.
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Gold jumped roughly 7% last week, logging its best weekly gain since January, driven by a weaker U.S. dollar, falling Treasury yields, and an unexpected contraction in employment data that reduced fears of aggressive Fe…
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Goldman Sachs' Ashok Varadhan has a simple message for investors worried about higher interest rates, elevated oil prices and the durability of the economy: Stay invested.
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Even as Federal Reserve Chairman Kevin Warsh implements measures to curtail so-called forward guidance — or how the Fed signals its future rate moves — investors are largely expecting an increase in interest rates in th…
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September arabica coffee (KCU26 ) is down -4.90 (-1.46%) today, and September ICE robusta coffee (RMU26 ) is down -1 (-0.03%). Coffee prices gave up an early advance today and turned lower on signs of drier weather in B…
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Crude oil stockpiles in the U.S. Strategic Petroleum Reserve have fallen below 300 million barrels, the lowest level in more than four decades, as global inventories stay under pressure due to the Iran war.
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The market expects Telos Corporation (TLS) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook is important in…
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The U.S. Department of Health and Human Services on Monday announced a policy proposal aimed at giving the federal government greater visibility into the nation's food supply.
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California Resources Corporation (NYSE: CRC) agreed to acquire Crimson Midstream Holdings from CorEnergy Infrastructure Trust for $63 million in cash, subject to customary adjustments. The planned deal adds about 2,000 …
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The S&P 500 Index ($SPX) (SPY) today is up +0.05%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.02%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.15%. September E-mini S&P futures (ESU26) are up +0.03%…
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Profitable growth in H1 2026 with revenue and gross profit up 5% year-over-year and EBIT up 20%, driven by margin improvements and market share gains in mortgage finance. Outlook for 2026 targets €40–55 million EBIT and…
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Soybeans are trading with Monday AM 3 to 7 cent gains. Futures were mostly 1 to 3 cents lower, with August down 11 ¾ cents on the week. The cmdtyView national average Cash Bean price was up a penny at $11.33 ¾. Soymeal …
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One million dollars is a lot of money for most people. You might even think that’s plenty of money for retirement. But how long will $1 million last in retirement? The answer can depend on your retirement age, life expe…
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Each year, Realtor.com's Hottest ZIP Codes report spotlights the U.S. ZIP codes where buyer interest is strongest and homes are flying off the market. This ranking highlights areas that continue to garner buyer interest…
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US stocks slid amid rising oil prices on Monday, kicking off a week of earnings and inflation data.