Morgan Stanley analysts predict the Chinese yuan will account for between 5% to 10% of global foreign exchange reserve assets by 2030, putting the currency into third place.

The stock market plunge shouldn’t have been surprising. Signs of frothiness have abounded.

The stocks making the biggest moves in premarket trading include DocuSign, Broadcom, Tesla, Grubhub, and more.

The S&P 500 opened flat on Friday as Wall Street tried to recover some of its steep losses from the previous session after the of better-than-expected U.S. unemployment data. 

China’s authorities aim to dispose 3.4 trillion yuan ($497 billion) worth of bad loans from the banking sector this year — only one-third of that have been written off, said Fitch.

The Renaissance Capital IPO ETF (IPO), a basket of the 60 or so largest IPOs in the last two years, is up 64% year-to-date.

Tesla shares came under pressure again on Thursday, following two days of heavy selling.

Early tests of SpaceX’s Starlink satellite internet network showed speeds capable of playing online video games and streaming movies.

After three years in office, the Trump administration is reversing more than 100 major climate and environmental rules that it’s deemed burdensome to the fossil fuel industry, even as climate change accelerates.

The Renaissance Capital IPO ETF (IPO), a basket of the 60 or so largest IPOs in the last two years, is up 64% year-to-date.