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A L ’Oreal store near the Nanjing Road Pedestrian Street in Shanghai, China on April 1, 2025. Published Wed, May 28 2025BEIJING — European business optimism about China has hit its lowest on record – worse than during the pandemic — due to...
U.S. President Donald Trump and Tesla CEO Elon Musk, alongside Musk’s son X A-Xii, speak to the press as they stand next to a Tesla vehicle on the South Portico of the White House in Washington, D.C., on March 11, 2025. Published Wed, May 28 2025.E...
The cargo yard of the Qianwan United Container Terminal of Qingdao Port in Qingdao City, Shandong Province, China. Published Mon, May 26 2025Businesses are finding a workaround to minimize the most significant hit from tariffs, using a decades-...
A sign is posted in front of the 23andMe headquarters in Sunnyvale, California, on Feb. 1, 2024.Published Tue, May 27 202523andMe on Tuesday announced it will voluntarily delist from the Nasdaq and de-register with the U.S. Securities and Exchange C...
The Cofrentes nuclear power plant, on 17 October, 2024 in Valencia, Valencian Community, Spain. Published Tue, May 27 2025A European-wide shift to nuclear power appears to be gathering momentum as countries hedge their bets in pursuit of more e...
Published Mon, May 26 2025Sweden-based automaker Volvo Cars on Monday said it would cut around 3,000 jobs as part of a major cost-cutting drive. The move comes after the company, which is owned by China’s Geely Holding, announced an 18 billion...
Mon, May 26, 2025 Federal Reserve Bank of Minneapolis President Neel Kashkari said major shifts in US trade and immigration policy are creating uncertainty for Fed officials to move on interest rates before September, as the Trump administration con...
Mon, May 26, 2025Emerging market currencies rose, as President Donald Trump’s move to extend a deadline for aggressive tariffs on the European Union bolstered risk appetite. JPMorgan’s Emerging Market Currency Index edged higher, on track to...
529 accounts have more tax advantages for parents saving for their kids' education. Updated Sun, May 25, 2025 Pretty soon, every newborn American could be the proud owner of their very own “Trump account.” The Republican party’s “o...
Updated Sun, May 25, 2025The Federal Reserve may take comfort that tariffs have yet to materially boost official inflation readings, but policymakers will continue to suggest interest rates are on hold until they better understand the coming impact...
Sat, May 24, 2025The US dollar slumped to its lowest level since 2023 as new tariff threats from President Donald Trump and the risk of a widening fiscal deficit drag on the currency’s appeal. The Bloomberg Dollar Spot Index fell as much as 0....
President Donald Trump dug in on his threat to impose a 50% tariff on the European Union and said a potential 25% charge on smartphones would apply to all foreign-made devices, in the latest escalation of a trade war that is rattling markets and con...