Tencent, and the Tech Sector, Get a Shock From South Africa
Naspers is selling down its 33% holding in Tencent, a day after the Chinese tech giant’s disappointing earnings. It’s another blow for a sector...
Retirees Reshape Where Americans Live
Almost three-quarters of a million Americans have moved into one of the 442 counties designated as retiree spots, census figures show.
Fed's Mission Improbable: Lift Unemployment---but Avoid Recession
The Federal Reserve is attempting in the next few years something it has never accomplished before: guide unemployment up without causing a...
BOE Holds Steady as May Aims for Brexit Transition Deal
The Bank of England signaled that it remains on course to lift interest rates in Britain this year and next, as figures showed a yearlong squeeze...
Spending Bill Curbs Proposed Restaurant Tip-Sharing Rule
A pending regulation allowing restaurants and other businesses to require workers who receive tips to share them with colleagues is set to be...
U.S. Jobless Claims Rise Slightly
The number of American seeking unemployment benefits rose slightly last week, but continued to hover near multidecade lows, suggesting a firm labor...
The Savviest Tech Investor You've Never Heard of Is Selling Down Tencent
One of the oldest and largest investors in Tencent Holdings Ltd. plans to sell more than $10 billion worth of shares in the Chinese internet giant,...
Trump Policy Change Is a Win for Drugmakers
The Trump administration has issued a policy change that could drive up prices of certain biologic drugs, implementing a new industry-backed...
Missed a Tax Payment? That May No Longer Count Against Your Credit Score
The three big credit-reporting firms are planning to remove tax liens from Americans’ credit reports, a move that will make some risky borrowers...
Manufacturers Aim to Blunt Tariff Pain
As manufacturers scramble to prepare for the start of U.S. tariffs on imported steel and aluminum this Friday, one business group is appealing to...
Omnicom Hosts Its Own Upfront, Turning Table on Media Sellers
Ad giant Omnicom is seeking more tailored pitches from media companies for its clients and hopes to identify potential brand integrations an unique...
Why the Demand for American Sperm Is Skyrocketing in Brazil
Over the past seven years, human semen imports from the U.S. to Brazil have surged some 3,000%, with most buyers selecting donors whose online...