Economy

The Commerzbank building (second from right) in Frankfurt am Main, western Germany, on Sept. 25, 2023. Kirill Kudryavtsev | Afp | Getty Images UniCredit ‘s move to take a stake in German lender Commerzbank is raising questions on whether a long awaited cross-border merger could spur more acquisitions and shake up the European banking sector. […]

U.S. Senate Majority Leader John Thune (R-SD) speaks at a press conference following the U.S. Senate Republicans’ weekly policy luncheon on Capitol Hill in Washington, D.C., U.S., June 10, 2025. Kent Nishimura | Reuters President Donald Trump’s “big, beautiful bill” cleared a key procedural hurdle in the U.S. Senate late Saturday night, pushing the massive […]

U.S. President Donald Trump speaks during a meeting with Democratic Republic of the Congo’s Foreign Minister Therese Kayikwamba Wagner and Rwanda’s Foreign Minister Olivier Nduhungirehe in the Oval Office at the White House in Washington D.C., June 27, 2025. Ken Cedeno | Reuters A federal judge on Friday dealt another blow to President Donald Trump’s […]

A Tesla logo outside the company’s Tilburg Factory and Delivery Center. Karol Serewis | Getty Images Tesla CEO Elon Musk said the automaker completed its first driverless delivery of a new car to a customer, routing a Model Y SUV from the company’s Austin, Texas, Gigafactory to an apartment building in the area on June […]

Published Sat, Jun 28 2025 4:26 PM EDT […]

Rep. Don Bacon, R-Neb., talks with reporters after a meeting of the House Republican Conference in the U.S. Capitol on Tuesday, November 14, 2023. Tom Williams | CQ-Roll Call, Inc. | Getty Images Rep. Don Bacon, a centrist Republican in Nebraska, is preparing to announce his retirement from Congress. Bacon’s retirement from Congress creates a […]

Demaerre | Istock | Getty Images Corporate leaders can’t “bulls—” their employees about the impact of artificial intelligence on the workforce and the ways in which the technology will affect jobs more broadly, according to one tech billionaire. Jim Kavanaugh, the CEO of World Wide Technology (WWT), told CNBC that people are “too smart” to […]

Cars drive past sign with logo at the entrance to the world headquarters of petroleum company Chevron in the Bishop Ranch office park in San Ramon, California.Smith Collection | Archive Photos | Getty ImagesChevron on Sunday said the company’s Chief Financial Officer Pierre Breber will retire next year, and named long-time company veteran Eimear Bonner,… […]

The leader and candidate of conservative Partido Popular (People’s Party) Alberto Nunez Feijoo.Oscar Del Pozo | Afp | Getty ImagesSpain’s election Sunday ended with no clear majority for either of the two main parties, throwing Europe’s fourth-largest economy into political limbo.With all votes counted, Spain’s conservative Partido Popular party secured 136 parliamentary seats, followed by… […]

Bill Forte from North Sky Communications works on a fiber optic line during a heat wave gripping the Pacific Northwest in Lake Forest Park, Washington, U.S., June 26, 2021.Karen Ducey | ReutersWith extreme heat waves and climate-related disasters becoming more frequent across the U.S., some politicians are becoming more urgent in their call for action. “The… […]