Economy

When I left a 20-year career as a journalist and editor to launch a brand of weighted stuffed animals, my friends and colleagues were shocked. Frankly, I was too. But I knew my career shift was the culmination of a lifelong mission. My family arrived in Columbus, Ohio, from Russia in the 80s when I […]

Customers exit a Costco store in Teterboro, New Jersey, June 28, 2023. Kena Betancur | Corbis News | Getty Images DETROIT — General Motors has a not-so-secret weapon when it comes to getting U.S. consumers into its new all-electric vehicles: Costco Wholesale . The Detroit automaker said it’s increasingly using the retail giant’s Costco Auto […]

Sandbags placed near the waterfront in a residential area during a No. 8 storm signal raised for Super Typhoon Saola in Hong Kong, China, on Sept. 1, 2023. Bloomberg | Bloomberg | Getty Images Hong Kong will no longer shut down its stock market during severe weather conditions, according to a Bloomberg report citing people […]

GameStop the video game retailer currently riding another wave of trading enthusiasm spurred on by the meme trader “Roaring Kitty,” showed no signs of an operational turnaround in its dismal fiscal first-quarter results. The company on Friday posted net sales of $881.8 million for the period, down 29% from $1.237 billion a year prior. The […]

Apple is behind on artificial intelligence. Now, the company is getting ready to unleash its first wave of user-facing AI products. And behind that push is John Giannandrea, a Silicon Valley veteran who is Apple’s top executive in charge of AI strategy. On Monday, Apple will hold its annual developers conference, called WWDC, where it’s […]

U.S. President Donald Trump (R) meets with Crown Prince and Prime Minister Mohammed bin Salman of Saudi Arabia (2nd-L) in the Oval Office of the White House on Nov. 18, 2025 in Washington, DC. Win McNamee | Getty Images The U.S. signed an agreement with Saudi Arabia on Wednesday to develop a civilian nuclear program […]

IBM CEO Arvind Krishna attends a Rose Garden Club event on the Rose Garden of the White House in Washington on July 6, 2026. Mandel And | Afp | Getty Images IBM lowered its 2026 forecast and delivered weaker earnings than analysts had projected on Wednesday, even after the company issued an earnings warning last […]

A person refuels their semitruck at a Pilot Traveler Center in Lockhart, Texas, March 9, 2026. Brandon Bell | Getty Images The U.S. economy is more vulnerable than ever to the problems in energy markets caused by the Iran war. The economy has been remarkably resilient, but the buffers that protected Americans from earlier price […]

A Mercedes-Benz logo is displayed on a used vehicle for sale at a dealership in San Diego, California, Nov. 11, 2025. Kevin Carter | Getty Images News | Getty Images The Senate Commerce Committee advanced bipartisan legislation Wednesday aimed at toughening a ban on Chinese automakers from the U.S. market, even as Chairman Ted CruzR-Texas […]

Southwest Airlines Boeing 737 airplanes at Hobby Airport during an afternoon rainstorm in Houston, Texas, May 27, 2026. Kevin Carter | Getty Images News | Getty Images Southwest Airlines reported a more than 9% increase in second-quarter profit from last year as higher fares are increasingly helping the airline cover its fuel tab, but its […]