Economy

A person walks by The Spheres at the Amazon.com Inc. headquarters in Seattle, Washington, on Nov. 14, 2022. David Ryder | Getty Images News | Getty Images Amazon has removed any references to diversity and inclusion from its most recent annual report. The company filed its report for 2024 on Friday following the release of […]

U.S. President Donald Trump speaks to the crowd as U.S. Vice President JD Vance looks on in the VIP overflow viewing area in Emancipation Hall after his inauguration at the U.S. Capitol on January 20, 2025 in Washington, DC. Donald Trump takes office for his second term as the 47th President of the United States. […]

French prosecutors on have opened an investigation into Elon Musk’s X over allegations that it distorted its algorithms to manipulate discourse taking place on the social media platform. The Paris public prosecutor’s office said it received a report from a French lawmaker on Jan. 12 criticizing X over “biased algorithms” that were “likely to have […]

Bill Ackman, CEO of Pershing Square Capital Management, speaking at the Delivering Alpha conference in New York City on Sept. 28, 2023. Adam Jeffery | CNBC Pershing Square’s Bill Ackman revealed Friday that he has built a significant stake in Uber saying the stock is still trading at a “massive” discount. In a post on […]

NEW ORLEANS, LOUISIANA – FEBRUARY 03: A detailed view of drink koozies seen during an event ahead of Super Bowl LIX at Caesars Superdome on February 03, 2025 in New Orleans, Louisiana. (Photo by Jonathan Bachman/Getty Images) Jonathan Bachman | Getty Images Sport | Getty Images Advertisers shelled out up to $8 million for a […]

China has so far not acted in an aggressive manner toward shipping in the South China Sea, but the very potential of action creates a clear threat to the economies of Japan and South Korea.Kazuhiro Nogi | AFP | Getty ImagesThe following commentary is from Kevin Klowden, chief global strategist of Milken Institute.News coverage of… […]

China state broadcaster reported late Tuesday the Communist Party pledged to step up auditing work to ensure officials implement measures to stabilize economic growth.S3studio | Getty Images Entertainment | Getty ImagesChina has pledged to curb risks and stabilize economic growth by boosting auditing work to make sure the ruling party officials implement policy initiatives, state… […]

Thomas Trutschel | Photothek | Getty ImagesA company that allegedly facilitated billions of spam calls is being sued by nearly every attorney general in the country for allegedly violating consumer protection and telemarketing laws, according to a complaint filed Tuesday.Avid Telecom, a Voice over Internet Protocol provider, facilitated more than 7.5 billion calls to numbers… […]

Xie Feng, China’s new ambassador to the U.S., addresses the media as he arrives at JFK airport in New York City, May 23, 2023.Brendan McDermid | ReutersChina’s new ambassador to the U.S. arrived in New York Tuesday with a call to “safeguard the interests of China,” according to a release from the country’s embassy in… […]

A major activist investor is betting stalled return-to-office plans will stir up more trouble in commercial real estate.Land and Buildings’ Jonathan Litt has been shorting REITs with high office space exposure for three years, and he has no plans to shift gears.”If you have no rent growth and your vacancies are going up and you… […]