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China tries to reassure on economy, cuts growth target

China tries to reassure on economy, cuts growth target China’s leadership tried to quell anxiety about its slowing economy following financial turmoil and rising labor unrest as it cut its growth target Saturday and promised to open oil and telecoms industries to private competitors in sweeping industrial reforms. Continue reading at cnbc.com Week Ahead: Light […]

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Wall St. Tries to Stem Losses

Wall St. Tries to Stem Losses United States markets were trying to move higher on Wednesday as oil prices declined and utility stocks struggled. As bond prices continue to fall, the dividend-rich utility sector appears less appealing to investors. KEEPING SCORE In early afternoon … Continue reading at nytimes.com The 42 richest hedge fund managers […]

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