Global markets tumble as Beijing imposes new ban on U.S. shipping. Bessent vows China ‘will be hurt the most’ if it doesn’t surrender
Global stock markets fell after China banned certain U.S. shipping firms. Treasury Secretary Scott Bessent said: “If they want to...
Fed’s Powell says end of balance sheet drawdown may be nearing
(Fixes spelling error in headline) By Michael S. Derby (Reuters) -Federal Reserve Chair Jerome Powell said on Tuesday the end...
As billionaire wealth soars $33 trillion, Mark Cuban says it’s time for workers to receive a cut of their employers’ success in the form of stocks
As founders and C-suite executives grow wealthier from soaring stock gains, billionaire Mark Cuban says employees deserve a piece of...
LVMH sales return to growth as China demand improves
By Tassilo Hummel and Mimosa Spencer PARIS -LVMH's sales increased by 1% in the third quarter, driven by improved demand...
Analysis-Trump’s Tylenol claims limit M&A options for parent company Kenvue
By Abigail Summerville and Svea Herbst-Bayliss (Reuters) -Tylenol maker Kenvue was already having a painful year before U.S. President Donald...
US, China roll out tit-for-tat port fees, threatening more turmoil at sea
By Lisa Baertlein, Liz Lee and Joe Cash BEIJING/LOS ANGELES (Reuters) -The United States and China on Tuesday began charging...
Trump’s Lumber Tariffs Take Hold, Threatening to Hike Home Costs
(Bloomberg) -- The US is now collecting tariffs on imported timber, lumber, kitchen cabinets, bathroom vanities and upholstered furniture, duties...
Brookfield backs Bloom Energy with $5 billion for fuel cells to power AI data centers
(Reuters) -Brookfield Asset Management said on Monday it would invest up to $5 billion in Bloom Energy's fuel cell technology...
GoFundMe CEO says the economy is so bad that more of his customers are crowdfunding just to pay for their groceries
GoFundMe’s CEO just said the quiet part out loud: in this economy, more Americans are crowdfunding groceries to get by....
Peter Thiel says he warned Elon Musk to ditch donating to The Giving Pledge because Bill Gates will give his wealth away ‘to left-wing nonprofits’
Billionaire investor Peter Thiel is urging the richest man in the world, Elon Musk, to opt out of the Giving...
