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© Reuters. On Tuesday, B.Riley adjusted its outlook on Ellington Financial Inc. (NYSE:), reducing the price target to $14 from the previous $15 while sustaining a…

Editor’s Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up for the daily digest chronicling the evolving media landscape here. Elon…

Fidelity International to cut 16% of China unit staff, Longi lays off 5% of employees: Reuters Fund manager Fidelity International is planning to lay off 20…

The window for interest rate cuts may be closing.On the eve of the Federal Reserve’s two-day policy meeting, Wall Street forecaster Jim Bianco believes the central…

Do nursing home owners understate the profits they report to federal regulators by shifting income to related businesses? Two academic experts in nursing home finance found…

By Lucy Craymer and Renju Jose WELLINGTON (Reuters) – New Zealand’s top central banker on Monday said the inflation challenge was still not over and cited…

By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s peso on the parallel informal market strengthened more than 1.5% against the U.S. dollar on Wednesday, breaking back…

Beijing — Chinese electric-vehicle maker Xpeng has announced plans to launch a cheaper brand, entering a highly competitive segment amid intense price competition in the industry.…

BEIJING —  China’s economic data for the first two months of the year beat analysts’ expectations on Monday.Retail sales rose 5.5%, better than the 5.2% increase…

We convened a Club meeting at Palm Beach Gardens on Saturday. We just didn’t know it. My wife, Lisa, and I were signing bottles of her…