A major investment bank is avoiding Chinese stocks, but buying its bonds. J.P. Morgan’s Joyce Chang believes the country’s regulation crackdown is heating up and will create downward pressure on major market groups and industries. “We really recommended [investors] to stay sidelined for the time being,” the firm’s chair ofContinue Reading


Consumer demand isn’t the problem — it’s getting the products to the shelves on time, according to apparel retailer Lands’ End. The retailer’s stock closed down more than 9% on Thursday at $31.10. Although the company turned in better-than-expected fiscal second-quarter results, supply chain issues are making its outlook uncertainContinue Reading


Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, speaks during a Senate Health, Education, Labor, and Pensions Committee hearing at the Dirksen Senate Office Building in Washington, D.C., U.S., July 20, 2021. Stefani Reynolds | Reutesr White House chief medical advisor Dr. Anthony Fauci saidContinue Reading