Economy

Singapore Prime Minister Lawrence Wong of the People’s Action Party (PAP) waves to supporters as he celebrates at the party’s gathering center during the general election results, in Singapore on May 3, 2025. ROSLAN RAHMAN | AFP | Getty images Votes were cast for 92 seats, after the PAP won five seats in a walkover […]

U.S. President Donald Trump’s Truth post in papal attire Courtesy: The White House via X, formerly Twitter Trump attended Pope Francis’ funeral in Rome last weekend, during which he also met with Ukrainian President Volodymyr Zelenskyy. On Tuesday, days after returning from Francis’ funeral, Trump joked to reporters outside the White House that he’d “like […]

The crowd reacts during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. CNBC OMAHA, Neb. — Berkshire Hathaway shareholders who came from around the world to Omaha for the conglomerate’s annual meeting this weekend had no idea how historic this year’s event would be. Warren Buffettthe billionaire and CEO who […]

Jaque Silva | SOPA Images | Lightrocket | Getty Images Streaming is finally starting to pay off for media companies, but there’s a catch — to get there, consumers are facing higher subscription costs and increasingly frequent price hikes. Legacy media companies entered the streaming market with a focus on gaining subscribers and competing with […]

Cadillac Opulent Velocity concept EV Cadillac DETROIT — General Motors on Friday revealed a new all-electric Cadillac concept car designed to preview how the automaker plans to keep its high-performance V-Series vehicles relevant for EVs. The vehicle is called “Opulent Velocity.” True to the name, Cadillac says it’s a balance of ultra-luxury and performance for […]

U.S. crude oil futures fell more than 1% on Friday amid reports that Qatar told Iran to not attack Israel while Gaza cease-fire talks are ongoing. Qatar’s prime minister told Iran’s leaders in a phone call after the first day of Gaza cease-fire talks in Doha Thursday that they should de-escalate, warning of the consequences […]

Denise Buzy-Pucheu, founder and owner of The Persnickety Bride, said steep tariffs on imports from China are hurting U.S. businesses, including bridal shops and wedding dress designers. Some of the brands she carries have added a tariff surcharge. Courtesy of The Persnickety Bride; Photograph by Stella Blue Photography Days after President Donald Trump announced steep […]

Costco co-founder Jim Sinegal is retired … for the most part. The 89-year-old former CEO of the beloved warehouse chain stepped down from his role in 2012. But Sinegal still goes to the office some Tuesdays, a nod to the work ethic and commitment he learned from his mentor, the late retail businessman and philanthropist […]

United Airlines airplanes proceed to a runway at Newark Liberty International Airport in Newark, New Jersey, on Feb. 20, 2025. Gary Hershorn | Corbis News | Getty Images United Airlines will cancel 35 roundtrip flights a day from its schedule at Newark Liberty International Airport in New Jersey after thousands of passengers faced hourslong delays this […]

U.S. National Security Advisor Mike Waltz checks his mobile phone while attending a cabinet meeting held by U.S. President Donald Trump at the White House in Washington, D.C., U.S., April 30, 2025. Evelyn Hockstein | Reuters Former White House national security advisor Mike Waltz and other Trump officials appear to be communicating on a modified […]