Economy

Alan Armstrong, chief executive officer of Williams Cos., speaks at the 2024 CERAWeek by S&P Global conference in Houston, Texas, US, on Wednesday, March 20, 2024. F. Carter Smith | Bloomberg | Getty Images The U.S. will fall behind in the artificial intelligence race if it does not embrace natural gas to help meet surging […]

Dilara Irem Sancar | Anatolia | Getty Images The stock market is in a rough patch as of late while investors grapple with macro pressures, upcoming elections and geopolitical tensions. However, investors and their portfolios can hold up in the tumult – if they’re able to ignore the short-term noise and choose stocks with attractive […]

United Auto Workers members on strike picket outside General Motors’ Detroit-Hamtramck Assembly plant in Detroit on Sept. 25, 2019, with Sen. Bernie Sanders, of Vermont, far left.Michael Wayland | CNBCDETROIT — The United Auto Workers union appears ready to take a hard line when it comes to national negotiations this year with the Detroit automakers,… […]

People at the market for their daily shopping on April 07, 2023 in Bari, Italy. Inflation has eased in Italy but price pressures remain strong.Donato Fasano | Getty Images News | Getty ImagesInflation in the euro zone eased more than expected in May, with flash figures showing the bloc’s annual headline inflation rate fell to… […]

Salesforce (CRM) topped expectations in the first quarter of its fiscal year 2024, while providing strong guidance for the second quarter and raising its margin outlook for the rest of the year — once again proving that this is a transformed company balancing profitable growth at scale. Revenue for the three months ended April 30… […]

The UAE will host the COP28 climate summit from Nov. 30 through to Dec. 12.Giuseppe Cacace | Afp | Getty ImagesThe director general of COP28 on Thursday defended the appointment of oil executive Sultan al-Jaber, describing the Abu Dhabi National Oil Company CEO as the “perfect person” to lead the climate talks.The UAE, the third-largest… […]

The Macy’s company signage is seen at the Herald Square store on March 02, 2023 in New York City. Michael M. Santiago | Getty ImagesMacy’s on Thursday slashed its full-year outlook and said it saw sales significantly weaken in March and sag even more in April.Still, the company’s stock rose more than 1% Thursday after earlier… […]

Republican presidential nominee and former U.S. President Donald Trump applauds on Day 2 of the Republican National Convention (RNC), at the Fiserv Forum in Milwaukee, Wisconsin, U.S., July 16, 2024. Elizabeth Frantz | Reuters As former President Donald Trump secures the Republican presidential nomination, both political parties are eyeing Project 2025a multi-pronged policy plan created […]

The United Airlines terminal on July 19, 2024 as a global technology outage affected LAX airport in Los Angeles. Myung J. Chun | Los Angeles Times | Getty Images Flight cancellations and delays continued on Saturday as airlines worked to recover from a global IT outage sparked chaos at airports and for other industries a […]

In the race to make EVs cheaper and more profitable, companies are pulling just about every lever they can. But while improving battery technology often hogs the spotlight, automakers are investing heavily into changing how the rest of the car is made. One such method is megacasting, or gigacasting, as Tesla calls it. Gigacasting is […]