Alibaba Group Holding Ltd will invest heavily in existing and new ventures abroad, making its push beyond the China market a top priority, the Chinese e-commerce leader’s new CEO, Daniel Zhang, said. “We must absolutely globalize,” Zhang said in his first speech since taking up his new post this week, according to a report on Thursday on Alibaba’s news and commentary website, Alizila. The vast bulk of Alibaba’s revenue comes
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Billionaire investor Stan Druckenmiller said an aging population will present a “massive, massive problem” for the U.S. in 15 years.
According to a report from the San Francisco Federal Reserve, it still very much pays to go to college.
College enrollment is dropping as Millennials head back to work.
The political drama has largely obscured the debate over the TPP itself, which would create a trading bloc encompassing 40% of the global economy.
CEOs might soon choose to jump into the busy M&A game as they see borrowing rates turning higher.
The number of people seeking U.S. unemployment benefits ticked lower last week, pushing down the four-week average of applications to its lowest level since April 2000. Weekly applications fell 1,000 to …
The Greek government’s coffers are almost empty – here, we take a look at the desperate measures it is resorting to pay its bills.
Dollar bulls are stunned amid a sea of setbacks as investors ponder what’s left of the rally that had pundits talking of dollar hegemony just months ago. The U.S. currency slid Thursday toward the lowest closing level in almost four months against major peers after stagnant retail sales became the latest data to undermine prospects for Federal Reserve interest-rate increases. “It is really all about dollar weakness across the board
