BEIJING – China on Friday announced a five-year package totaling 10 trillion yuan ($1.4 trillion) to tackle local government debt problems, while signaling more economic support would come next year. Minister of Finance Lan Fo’an told reporters Friday that authorities planned to “actively use” the available deficit space that can be expanded next year. He […]
Russell Hardy, chief executive officer of Vitol Services Ltd. Bloomberg | Bloomberg | Getty Images SINGAPORE — Vitol is eyeing the metals market with global petroleum demand expected to peak in a decade, signaled Russell Hardy, CEO of Vitol, the world’s largest independent energy trader. “The petroleum, the oil business, we still think it will […]
Americans disappointed with the outcome of the U.S. election took their anguish online, with searches related to moving abroad surging following the results of the presidential race. Google Trends showed that searches related to “leaving the country” and “how to move to …” spiked following the news that Donald Trump would be returning to the […]
In a Thursday interview with CNBC’s Jim Cramer, DraftKings CEO Jason Robins said the online sports betting industry is at a turning point as more people across the country realize they can gamble legally. “We’re at a very, you know, important inflection point in the industry,” Robins said. “Most people assume that it’s legal in […]
Apple Watch Series 8 and SESource: Apple, Inc.Apple is testing the use of 3D printers to make the stainless steel chassis for its soon-to-be-released smartwatches, Bloomberg reported, citing people familiar with the matter.The company is reportedly initially testing the tech in production for the upcoming Apple Watch 9, and if all goes well, Apple will… […]
Job openings and layoffs dropped slightly for another consecutive month in July, according to government data released Tuesday. That slowdown is a sign the labor market is getting back to pre-pandemic patterns, economists say.The number of job openings edged down to 8.8 million in July, dropping from 9.58 million in June, reported the U.S. Bureau of Labor… […]
Barrett Marson, an Arizona-based GOP strategist, said he talked to Masters a few months ago and he “was pretty decisively in.” However, he said, Masters had been waiting for Lake to decide whether to run. “I think he is now under the impression that maybe Kari Lake isn’t going to run, because I’ll tell you… […]
Adam Hodges, University of Colorado Boulder In many ways, Bernie Sanders is the anti-Trump. And, in important ways, he ran his campaign as the anti-Biden. Sanders bowed out of the Democratic nomination race on April […]
Senators quickly sought more information about McConnell’s health after the incident, according to one person familiar with the dynamics. Shortly after the Wednesday incident, McConnell held calls with his closest allies including Minority Whip John Thune (R-S.D.), Conference Chair John Barrasso (R-Wyo.) and Sen. John Cornyn (R-Texas), according to people familiar with the calls. All… […]
Schumer and the two spending chiefs are leaning toward floor action on bills funding military construction, transportation and housing, as well as agriculture spending legislation, according to three people familiar with the matter. No final decision has been made, and it’s not clear whether the bills would be rolled together or considered separately; Senate rules… […]
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