Economy

Robert Lighthizer, former US trade representative, speaks during an event with former US President Donald Trump, not pictured, at Precision Components Group in York, Pennsylvania, US, on Monday, Aug. 19, 2024. Graeme Sloan | Bloomberg | Getty Images Donald Trump’s longtime trade adviser is apparently telling Wall Street money managers that if the Republican presidential nominee is reelected, he […]

Lucy Rout, founder of Haystack Dating. Lucy Rout Lucy Rout is not your typical entrepreneur. The 30-year-old Londoner — known for going viral for skiing off an icy slope in a bikini and for consulting her Instagram followers on whether she should fly 10,000 miles for a fourth date with a man — has used […]

Kate Green | Getty Images Entertainment | Getty Images “Treatonomics” — a consumer trend that covers spending on ‘everyday luxuries’ to larger, life-affirming experiences — is booming as people look for a mood boost in ongoing unsettling economic times. Spending on small-item ‘pick-me-ups’ is a well-established recession-resistant trend, with consumers often turning to purchases of […]

FILE PHOTO: U.S. President Donald Trump and Russia’s President Vladimir Putin talk during the family photo session at the APEC Summit in Danang, Vietnam November 11, 2017. Jorge Silva | Reuters U.S. President Donald Trump said Friday afternoon that he will meet with Russian President Vladimir Putin in Alaska on Aug. 15. “The highly anticipated […]

U.S. President Donald Trump and Apple CEO Tim Cook shake hands on the day they present Apple’s announcement of a $100 billion investment in U.S. manufacturing, in the Oval Office at the White House in Washington, D.C., U.S., August 6, 2025. Jonathan Ernst | Reuters Apple shares rose 13% this week, its largest weekly gain […]

A dump truck moves raw ore inside the pit at the Mountain Pass mine, operated by MP Materials, in Mountain Pass, California, U.S., on Friday, June 7, 2019. Joe Buglewicz | Bloomberg | Getty Images MP Materials ‘ stock rose Friday after the miner narrowed its losses in the second quarter on record production of […]

The logo of SoftBank is displayed at a company shop in Tokyo, Japan January 28, 2025. Issei Kato | Reuters Shares of SoftBank Group ended Friday 10.39% higher at 13,865, paring gains from its record of 14,390 earlier in the session following the company’s higher-than-expected fiscal first-quarter profit. SoftBank shares have extended gains to a […]

Nurphoto | Nurphoto | Getty Images The launch of an Instagram feature that details users’ geolocation data elicited backlash from social media users on Thursday. Meta debuted the Instagram Map tool on Wednesday, pitching the feature as way to “stay up-to-date with friends” by letting users share their “last active location.”  The tool is akin […]

Tesla’s vice president of hardware design engineering, Pete Bannon, is leaving the company after first joining in 2016 from Apple CNBC has confirmed. Bannon was leading the development of Tesla’s Dojo supercomputer and reported directly to Musk. Bloomberg first reported on Bannon’s departure, and added that Musk ordered his team to shut down, with engineers […]

Published Thu, Aug 7 2025 7:41 PM EDT […]