Economy

Cryptocurrencies fell on Friday even after President Donald Trump signed an executive order creating a strategic bitcoin reserve for the United States. The reserve will include coins already owned by the government, and the order did not specify a buying schedule or strategy for bitcoin, disappointing some in the market who’d hoped for a more […]

President Donald Trump signed an executive order on Thursday creating a strategic bitcoin reserve, marking a major shift in U.S. digital asset policy. White House Crypto and AI Czar David Sacks, a Silicon Valley venture capitalist, wrote in a post on X that the reserve will be funded exclusively with bitcoin seized in criminal and […]

The Federal Aviation Administration briefly halted flights to several Florida airports on Thursday night after a SpaceX Starship testing failure. The incident marks the second time this year that SpaceX experienced a mishap during a flight test of Starship resulting in debris raining down and commercial flights disrupted. Affected airports included Miami International Airport, which […]

Customers shop at a Costco Wholesale store on Jan. 31, 2025 in Chicago, Illinois. Scott Olson | Getty Images Costco on Thursday reported another sturdy — if mixed — quarter, demonstrating that its focus on keeping prices low continues to bring more shoppers to its stores at an uncertain time for the U.S. economy. […]

Macy’s flagship store in Herald Square in New York, Dec. 23, 2021. Scott Mlyn | CNBC Macy’s delivered another quarter of mixed results on Thursday as investors wait and see how quickly CEO Tony Spring can pull off a turnaround of the business with yet another activist investor looking to take the chain private. Across […]

Published Thu, Mar 6 2025 6:27 AM is Morgan Chittum @morgan_chittum Igor Golovniov | SOPA Images | LightRocket via Getty Images App Store sales are off to a strong start in Apple ‘s current quarter, which bodes well for a major growth driver expected to eclipse $100 billion in a fiscal year for the first […]

This photo shows a general view of a screen broadcasting live footage of China’s President Xi Jinping attending the opening session of the National People’s Congress (NPC) as seen outside a shopping mall in Beijing on March 5, 2025. Greg Baker | Afp | Getty Images China said it was prepared to fight “any type […]

China’s Minister of Finance Lan Fo’an speaks during a press conference in Beijing on Nov. 8, 2024. Adek Berry | AFP | Getty images BEIJING — China has more room to act on fiscal policy amid domestic and external uncertainties, Finance Minister Lan Fo’an told reporters on Thursday. He was responding to a question during […]

European Union, and Ukrainian flags fly in front of the Berlaymont, the EU Commission headquarters, for the 3rd anniversary of the large scale invasion of Ukraine by Russia on Feb. 24, 2025 in Brussels, Belgium. Thierry Monasse | Getty Images News | Getty Images President Donald Trump’s return to the White House has completely shifted […]

A Samba shoe on Oct. 12, 2023, in Berlin, Germany. Thomas Trutschel | Photothek | Getty Images Shares in Adidas were slightly higher on Wednesday after the company announced it would hike its full year 2024 earnings guidance following better-than-expected preliminary results for the second quarter. Adidas rose nearly 5% after markets opened on Wednesday […]