Economy

US House Speaker Kevin McCarthy (R-CA) (L) looks on as US President Joe Biden speaks during a meeting on the debt ceiling, in the Oval Office of the White House in Washington, DC, on May 22, 2023.Saul Loeb | AFP | Getty ImagesWASHINGTON — House Speaker Kevin McCarthy said he had a “productive” and “professional”… […]

It’s graduation season, which means many parents will observe a sacred rite of passage: dispensing terrible life advice to their kids.Mom and dad mean well. But the class of 2023 will enter a job market during one of the worst periods of uncertainty since the 2008 financial crisis.I’ve endured similar crises, from growing up in poverty,… […]

Plenty of “Shark Tank” contestants strike a deal with one, or even two, of the entrepreneurship reality show’s investor judges.Precious few manage to get all five of the show’s investors to go in on a deal together. Father-son duo Mark and Kenzo Singer pulled it off on Friday’s episode of the ABC show, landing a… […]

Writer E. Jean Carroll arrives as jury selection is set to begin in the defamation case against former US President Donald Trump brought by Carroll, who accused him of raping her in the 1990s, at the Manhattan Federal Court, New York, April 25, 2023. Timothy A. Clary | AFP | Getty ImagesE. Jean Carroll filed court… […]

Members of the media work during the first presidential debate with US President Joe Biden and former US President Donald Trump in Atlanta, Georgia, US, on Thursday, June 27, 2024. Eva Marie Uzcategui | Bloomberg | Getty Images China: ‘Starkly different visions’ of America China’s CGTNthe English-language service of state-run China Global Television Network, said: […]

A photo illustration of the Chewy logo is seen on a smartphone and a PC screen. Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Chewy shares rallied dramatically on Thursday after meme stock leader Roaring Kitty posted a picture on social media platform X that resembles the logo of the online pet food […]

The Apple Vision Pro mixed-reality headset is on sale at the Apple flagship store in Hangzhou, Zhejiang Province of China, on June 28, 2024. Vcg | Visual China Group | Getty Images HANGZHOU, China — Apple ‘s mixed-reality headset began deliveries in China on Friday with a retail price roughly 18% higher than in the […]

People purchase beverages in a store on a sweltering afternoon in Brooklyn, New York, on the first day of summer on June 21, 2024. Spencer Platt | Getty Images There could be some pretty good inflation news on the way from the Commerce Department when it releases a key economic report Friday. The personal consumption […]

Peter Thielonce one of Donald Trump’s major financial backers in the tech industry, said Thursday that even though he’s not providing money to the Republican presumptive nominee’s campaign this time around, he’d vote for him over President Joe Biden. “If you hold a gun to my head, I’ll vote for Trump,” Thiel said in an […]

Chinese President Xi Jinping and hands with then U.S Vice President Joe Biden inside the Great Hall of the People on December 4, 2013 in Beijing, China.Lintao Zhang | Getty Images News | Getty ImagesLeaders of the Group of Seven agreed there’s a need to de-risk, not decouple from China, and acknowledged challenges posed by… […]