Doing business in China? Factor in deflation
Economy

Doing business in China? Factor in deflation

A woman rides an electric scooter by the Beiyuan Grand Hotel in Beijing, China August 11, 2025. Maxim Shemetov | Reuters While U.S. companies battle inflationthose in China are up against something very different: deflation. The high-end Beijing hotel Beiyuan Grand has been setting up stalls in the evenings to serve dishes to passers-by — […]

Microsoft says employees will be expected in office three days a week
Economy

Microsoft says employees will be expected in office three days a week

Microsoft CEO SATYA NADELLA Speaks at Axel Springer new building in Berlin on Oct. 17, 2023. Ben Kriemann | Getty Images Microsoft said on Tuesday that employees will be expected to work in an office three days a week starting next year. Employees that work near Microsoft’s headquarters in Redmond, Washington, or the Puget Sound […]

Amazon crushed it in e-commerce and cloud, forecast an impressive holiday quarter
Economy

Amazon crushed it in e-commerce and cloud, forecast an impressive holiday quarter

Amazon parcels are prepared for delivery at Amazon’s Robotic Fulfillment Centre on December 19, 2023 in Sutton Coldfield, England. Nathan Stirk | Getty Images News | Getty Images Amazon reported a much better-than-expected third quarter Thursday, with strong growth across online sales, its cloud business and advertising. Margin initiatives lead to soaring profits. Additionally, the […]

BlackRock launches ETF that expands beyond the ‘Magnificent Seven’
Economy

BlackRock launches ETF that expands beyond the ‘Magnificent Seven’

BlackRock’s iShares is trying to appeal to investors who want to diversify beyond from the so-called Magnificent Seven. The firm launched the iShares Top 20 U.S. Stocks ETF (TOPT) this month. It doesn’t just hold the Magnificent Seven — Apple , Amazon , Meta , Alphabet , Microsoft , Nvidia and Tesla . It’s made […]

Amazon CEO pledges AI investments will pay off as capital expenditures surge 81%
Economy

Amazon CEO pledges AI investments will pay off as capital expenditures surge 81%

Amazon CEO, Andy Jassy speaking with CNBC’s Jim Cramer on Mad Money in Seattle, WA. on Dec. 6th, 2023. CNBC Amazon CEO Andy Jassy is trying to reassure investors who may be worried about the future payoff of the company’s massive investments in generative artificial intelligence. On a conference call with analysts following the company’s […]

Apple sales rise 6%, company seeing early iPhone 16 demand
Economy

Apple sales rise 6%, company seeing early iPhone 16 demand

CEO of Apple Tim Cook poses as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California, U.S. September 9, 2024. Manuel Orbegozo | Reuters Apple’s fiscal fourth-quarter results beat Wall Street expectations for revenue and earnings per share, but net income slumped after the company paid a one-time charge […]

Volkswagen targets dominance in Europe with affordable EV push
Economy

Volkswagen targets dominance in Europe with affordable EV push

The Volkswagen ID.CROSS Concept is on stage during a press conference before the start of the International Motor Show (IAA Mobility). The IAA Mobility 2025 will take place in Munich from September 9-14, 2025. Picture Alliance | Picture Alliance | Getty Images The chief executive of Volkswagen says the German auto giant is pushing to […]

European markets open higher as focus turns on French confidence vote
Economy

European markets open higher as focus turns on French confidence vote

LONDON — European stocks started the new trading week on a positive note, as market focus turns to France’s imminent confidence due to take place later in the session. The U.K.’s FTSE index rose 0.1%, Germany’s DAX was up 0.7%, and France’s CAC 40 was higher by 0.4% in early trades. Meanwhile, Italy’s FTSE MIB fell […]