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Pentagon chief says ready to 'fight and win' against China, urges Asian allies to boost defense spending

While playing up the U.S.'s enduring commitment to the Indo-Pacific region, Hegseth took swipes at the absence of China's defense minister Dong Jun.

Published: 8 hours ago

Saylor's bitcoin buying strategy is 'exploding' globally, but Wall Street is skeptical

Michael Saylor applauds efforts by other companies to replicate his strategy of using cash to buy bitcoin.

Published: 42 minutes ago

China calls out Trump for 'abuse' of semiconductor export controls

The U.S. has limited exports of some chips and chip technology to China as part of a national defense strategy dating back to the first Trump administration

Published: 19 hours ago

DoorDash CEO Tony Xu is taking on the role of industry consolidator in food delivery

DoorDash CEO Tony Xu has spent 12 years building his food delivery company from an upstart into a big acquirer.

Published: 12 minutes ago

This is why Jamie Dimon is always so gloomy on the economy

JPMorgan Chase CEO Jamie Dimon has regularly warned that the U.S. economy faces perils, but even as he sounds the alarm, his bank is doing better than ever.

Published: 17 hours ago

OPEC+ agrees to a July oil output hike of 411,000 barrels per day

OPEC+ agreed on Saturday to hike July oil output by 411,000 barrels per day, the same as in May and June.

Published: 53 minutes ago

Tariffs didn't bite the stock market in May, but June could be a different story

There are signs that the impact of tariffs are starting to hit, even if the broader stock market has rebounded.

Published: 16 hours ago

Trump says U.S. will double steel tariffs to 50%

President Trump will hold a rally Friday at a U.S. Steel plant near Pittsburgh, one week after signaling he had cleared a merger with Japan's Nippon Steel.

Published: 12 hours ago

JPMorgan hired NOAA's chief scientist to advise clients on navigating climate change

Last year, JPMorgan hired Sarah Kapnick as the bank's chief climate scientist. She's now advising clients on how climate change will impact their investments.

Published: 12 minutes ago

Here are the retailers raising prices as Trump tariffs take hold

Retailers including Costco and Best Buy have already raised prices as a way to mitigate the tariff impact.

Published: 12 minutes ago

Shein's embattled IPO signals mounting troubles for fast fashion giant

Shein's embattled IPO has hit it latest roadblock after reportedly failing to receive approval from Chinese regulators.

Published: 1 day ago

Could German infrastructure be the next hot investment?

Germany's government has made infrastructure development a top priority, but it needs help from the private sector.

Published: 1 day ago

European soccer heavyweights clash in Champions League final

Paris Saint-Germain and Inter Milan aim to take home club soccer’s most vaunted trophy in Munich on Saturday.

Published: 2 hours ago

China's manufacturing activity contracts amid trade tensions

The PMI rose to 49.5 in May from 49.0 in April, improving slightly but remaining below the 50-mark separating growth from contraction.

Published: 1 hour ago

Stablecoins stole the show at Bitcoin 2025 — here's what the major players said

Stablecoins stole the spotlight at Bitcoin 2025, as U.S. officials backed new legislation to enshrine digital dollars.

Published: 13 hours ago

Why everyone is selling Dubai chocolate bars

How the Dubai chocolate trend is taking over the U.S.

Published: 12 minutes ago

As Denmark raises its retirement age to 70, experts weigh in on whether the U.S. may follow its lead

Raising the retirement age to 70 would help Social Security's trust fund shortfall. But experts say an across-the-board change may hurt some beneficiaries.

Published: 2 hours ago

Travelers are taking ‘a more frugal approach’ to summer vacations this year, expert says

More people plan to take a leisure vacation this summer. But some have pulled back on their budgets.

Published: 42 minutes ago

India's economy grew by faster-than-expected 7.4% in the March quarter

Growth outlook in Asia's third-largest economy has remained relatively robust.

Published: 1 day ago

China urges halt to auto industry's bruising price wars

Tension between some top players in the world's largest auto market has spilled over, with price wars begun in early 2023 showing little sign of abating.

Published: 1 hour ago

The trade war is rattling global business travel — 4 charts show how

Optimism in the global business travel sector dropped by more than half this year, according to a report published by Global Business Travel Association.

Published: 1 day ago

Deutsche Bank says take chance on beaten-up UnitedHealth because of valuation

The firm's target price reflects a target multiple that sits at the low end of the stock's 10-year trading range.

Published: 21 hours ago

U.S. foreign tax bill sends jitters across Wall Street

Trump's "One Big Beautiful Bill Act," if enshrined into law, could transform the current trade conflict into a capital war, investment banks say.

Published: 23 hours ago

S&P 500 is flat to close out a 6% May gain as investors continue to look past trade policy confusion

President Donald Trump said China violated its preliminary trade agreement.

Published: 16 hours ago

France's Macron calls on Europe and Asia to unite as U.S.-China tensions flare

Macron's speech comes amid a regional tour that has also taken him to Vietnam and Indonesia.

Published: 12 hours ago

Trump hails Nippon Steel as 'great partner' as deal awaits approval

U.S. President Donald Trump on Friday lauded an "agreement" between Nippon Steel and U.S. Steel but stopped short of approving the sensitive merger.

Published: 1 hour ago

Tesla gains 22% in May as Elon Musk ends time with Trump's DOGE

Musk's work leading DOGE, President Donald Trump's initiative to slash federal agencies and their resources, is coming to a formal end.

Published: 16 hours ago

Anthropic hits $3 billion in annualized revenue on business demand for AI

The San Francisco-based startup, backed by Google parent Alphabet and Amazon, is famous for AI that excels at computer programming.

Published: 14 hours ago

Elon Musk deflects question about report of drug use, family drama as Trump looks on

Tesla CEO Elon Musk appeared with President Donald Trump in the Oval Office for an event marking the DOGE founder's departure from Washington.

Published: 14 hours ago

Trump lauds Elon Musk and DOGE at White House farewell

Musk, the Tesla and SpaceX CEO, worked for Trump's DOGE effort after spending over $250 million helping to get him elected.

Published: 16 hours ago