Economy

NATO Summit Vilnius 2023 logo as seen on a smartphone screen.Sopa Images | Lightrocket | Getty ImagesTurkey’s President Recep Tayyip Erdogan agreed to back Sweden’s bid to join NATO, clearing the latter’s pathway to become a part of the military alliance.”Completing Sweden’s accession to NATO is a historic step that benefits the security of all… […]

Microsoft CEO Satya Nadella arrives at court in San Francisco, June 28, 2023.Philip Pacheco | Bloomberg | Getty ImagesMicrosoft confirmed Monday that it’s eliminating additional jobs, a week after the start of its 2024 fiscal year.The cuts are in addition to the downsizing announced in January that resulted in 10,000 layoffs. The software maker also… […]

CNBC’s Jim Cramer on Monday advised investors to think less about how China affects American stocks.”No matter how disappointing the growth numbers we see out of the Chinese economy — and they are plenty disappointing — people keep wanting to buy American stocks that are seen as having major Chinese exposure,” Cramer said. “American investors… […]

A food stall in Gwangjang Market in Seoul as South Korea’s central bank is seen to be among the first in the region to cut its benchmark interest rate.Francois Lochon | Gamma-rapho | Getty ImagesCentral banks in Asia could start cutting rates earlier than the Federal Reserve, economists at Nomura predicted.A dovish pivot from major… […]

US Secretary of Education Linda McMahon attends the International Women of Courage Awards Ceremony at the State Department in Washington, DC, on April 1, 2025. Brendan Smialowski | Afp | Getty Images Jason Collier, a special education teacher in Virginia, often needs to wait until payday to fill up the gas tank of his car […]

U.S. House of Representatives Speaker Mike Johnson (R-LA) looks on, after President Donald Trump delivered remarks on tariffs, in the Rose Garden at the White House in Washington, D.C., U.S., April 2, 2025. Leah Millis | Reuters House Speaker Mike Johnson expressed optimism that the budget bill that failed to exit committee Friday would still […]

The stock market has come full circle from its April lows, with all of the losses suffered now recovered. For investors who long defied warnings about being over-exposed to U.S. stocks, especially with the dominant position of a handful of tech stocks in the S&P 500 the rebound in portfolios is a good opportunity to […]

Former U.S. Vice President Mike Pence speaks in observance of Constitution Day at Middle Tennessee State University (MTSU) in Murfreesboro, Tennessee, U.S., September 17, 2024. Seth Herald | Reuters Former Vice President Mike Pence said Sunday that President Donald Trump should turn down the gift of a $400 millionjetfrom the royal family ofQatarciting national security […]

The U.S. and Chinese flags are seen on the day of a bilateral meeting between the U.S. and China, in Geneva, Switzerland, May 10, 2025. Keystone/eda/martial Trezzini | Via Reuters A whirlwind of positive headlines from a Chinese trade détente to hundreds of billions of dollars in promised foreign investment in the U.S. lit a […]

NASA astronauts Butch Wilmore, left, and Suni Williams pose inside the hatch connecting Boeing’s Starliner to the International Space Station on NASA Boeing will return its Starliner capsule from the International Space Station without the NASA astronauts that it delivered to orbit in early June, the agency announced on Saturday. With Starliner coming back to […]