Economy

A worker holds a bottle of Merck & Co.’s molnupiravir antiviral medication in a warehouse in Shoham, Israel, on Jan. 18, 2022.Bloomberg | Bloomberg | Getty ImagesA new study released Monday said Merck’s widely used antiviral Covid pill can cause mutations in the virus that occasionally spread to other people, raising questions about whether the… […]

US President-elect Donald Trump speaks during a meeting with House Republicans at the Hyatt Regency hotel in Washington, DC on November 13, 2024. Allison Robbert | AFP | Getty Images President-elect Donald Trump on Saturday selected Liberty Energy CEO Chris Wright to serve as the next energy secretary of the United States. Liberty Energy is […]

Elon Musk at the tenth Breakthrough Prize ceremony held at the Academy Museum of Motion Pictures on April 13, 2024 in Los Angeles, California. The Hollywood Reporter | The Hollywood Reporter | Getty Images On Saturday, Elon Musk shared who he is endorsing for Treasury secretary onXa cabinet position President-elect Donald Trump has yet to […]

President Donald Trump meets with China’s President Xi Jinping at the start of their bilateral meeting at the G20 leaders summit in Osaka, Japan, June 29, 2019. Kevin Lemarque | Reuters With Donald Trump set to reenter the White House in January, we’re expecting lots of tough talk and possible tough action aimed at China […]

Costco may have raised its prices, but right now you can snag a membership for cheaper than ever. The warehouse store chain’s Gold Star Membership normally retails for $65. For the next few weeks, shoppers can purchase a 12-month membership through affiliate marketer StackSocial and receive a $45 Costco gift card, effectively reducing their annual […]

Residential buildings stand at the Metro Town development, jointly developed by CK Asset Property Holdings Ltd., Nan Fung International Holding Ltd. and MTR Corp., in Hong Kong, China, on Thursday, Jan. 11, 2018.Anthony Kwan | Bloomberg | Getty ImagesHong Kong-listed property stocks surged on Monday, leading gains on the Hang Seng Index and powering the… […]

Mercedes plans to launch a smaller version of its high-end G Class sports utility vehicle, the German carmaker’s CEO told CNBC in an interview Sunday.The G Class, a rugged off-road car which starts at just under $140,000, is popular with buyers in the U.S. It has been around for more than four decades. Mercedes has… […]

Sultan Al Jaber, chief executive of the UAE’s Abu Dhabi National Oil Company (ADNOC) and president of this year’s COP28 climate summit gestures during an interview as part of the 7th Ministerial on Climate Action (MoCA) in Brussels on July 13, 2023.Francois Walschaerts | Afp | Getty ImagesUAE oil giant ADNOC — run by the… […]

Pictured here is a Nio pop-up store in Shanghai, China, on Aug. 4, 2023.Nurphoto | Nurphoto | Getty ImagesBEIJING — Chinese electric car companies Nio, Xpeng and Li Auto delivered enough vehicles in August to keep pace with their third quarter guidance.That’s according to announcements from the three companies, which are all listed in the… […]

BMW took the wraps of the Vision Neue Klasse electric vehicle at the IAA motor show in Munich, Germany. It underpins BMW’s big push into electric vehicles.BMWMUNICH, Germany — BMW and Mercedes are making their biggest push yet into electric cars in a bid to fend off rising competition from Chinese players and catch up… […]