Economy

U.S. Secretary of the Treasury Janet Yellen arrives to deliver remarks at Johns Hopkins University’s School of Advanced International Studies (SAIS) on April 20, 2023 in Washington, DC.Anna Moneymaker | Getty Images News | Getty ImagesWASHINGTON — Treasury Secretary Janet Yellen praised a new initiative by the IRS that she said will help reduce the… […]

The unemployment rate for young people ages 16 to 24 in China has soared to record highs above 20% in May and April.Kevin Frayer | Getty Images News | Getty ImagesBEIJING — Ask young people about the Chinese job market, and the frequent answer is things are more difficult this year.Most people are ultimately getting… […]

U.S. Assistant Attorney General Jonathan Kanter speaks about the antitrust lawsuit against Live Nation Entertainment during a press conference as Attorney General Merrick Garland and Deputy Attorney General Lisa O. Monaco look on during a press conference at the Department of Justice in Washington, U.S., May 23, 2024. REUTERS/Ken Cedeno Ken Cedeno | Reuters The […]

FTC Chairwoman Lina Khan testifies during the House Appropriations Subcommittee on Financial Services and General Government hearing titled “Fiscal Year 2025 Request for the Federal Trade Commission,” in Rayburn Building on Wednesday, May 15, 2024. Tom Williams | Cq-roll Call, Inc. | Getty Images CVS Health and UnitedHealth Group are demanding Federal Trade Commission Chair […]

Big technology companies are betting that a new wave of smaller, more precise AI models will be more effective when it comes to the needs of businesses in sectors like law, finance, and health care. Jaap Arriens | NurPhoto via Getty Images LONDON — Increasingly many financial services firms are touting the benefits of artificial intelligence […]

The Rio Tinto Ltd. booth on the opening day of the Investing in African Mining Indaba in Cape Town, South Africa, on Monday, Feb. 6, 2023. Dwayne Senior | Bloomberg | Getty Images The world’s second-largest miner Rio Tinto said Wednesday it will acquire U.S. lithium producer Arcadium for $6.7 billion. Rio Tinto said the […]

Sleeping Beauty Castle at Disneyland, celebrating ‘100 Years of Wonder.’ Aaronp/bauer-griffin | Gc Images | Getty Images Price hikes are coming to Disneyland. While the California-based park’s entry-level ticket will remain at $104, the same price it’s been for six years, other ticket tiers, which are based on demand, will jump between $7 and $12 […]

Chairman of Foxconn Young Liu delivers a speech during the Hon Hai Tech Day in Taipei on Oct. 18, 2023. I-hwa Cheng | AFP | Getty Images The boom in corporate investment into artificial intelligence infrastructure still has some way to go as large language models are continuing to evolve, according to the CEO of […]

Remnants of military conflict surround Zhang Zhong Jie’s cafe. The coffee shop sits within an abandoned military fortification, its entrance surrounded by rusting tanks. It’s a scene the citizens of Taiwan’s remote Kinmen Island know well. All that separates the cafe from mainland China are 6 miles of choppy water and a row of anti-invasion […]

Basij paramilitary force speed boats are sailing along the Persian Gulf near the Bushehr nuclear power plant during the IRGC marine parade commemorating the Persian Gulf National Day in the south of Iran, on April 29, 2024. Nurphoto | Nurphoto | Getty Images An escalating conflict in the Middle East has thrust the world’s most […]