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Mark Zuckerberg said on Monday (Jul 14) that Meta Platforms would spend hundreds of billions of US dollars on computing power to build superintelligence, intensifying his pursuit…
President Trump has escalated his global trade offensive this week, armed with confidence that the import levies will deliver manufacturing jobs and stronger growth in the U.S., along with…
The sprawling tax and policy bill that passed Congress repeals a multibillion-dollar green bank for financing climate-friendly projects, and the Trump administration should be allowed to…
From Singapore to Japan and Australia, fund managers in Asia are looking to unlock billions of US dollars for private credit from the last untapped pocket: retail investors. Private…
The Trump administration on Thursday proposed a multibillion-dollar overhaul of a U.S. air traffic control system that it said still relies on floppy disks and replacement parts found on…
From Apple to General Motors (GM), corporate America is bracing for tens of billions of US dollars in damages from Trump’s trade war – and that’s before most affected goods have landed.…
The expansion of the loophole for tariff-free shipments of goods nearly a decade ago gave rise to Temu, Shein and other low-cost online retailers offering items straight from Chinese…
General Motors cut its profit forecast for 2025 on Thursday by more than 20 percent and said that the Trump administration’s tariffs would increase its costs by $4 billion to $5 billion…
Getting a sense of the scale of social media platforms can be tricky. While tech companies often share self-serving metrics—like monthly active users or how likely users are to buy…
The Trump administration is once again targeting California’s controversial high-speed rail project, with federal transportation officials on Thursday announcing an investigation and…
Former U.S. President Donald Trump has revealed his ambitious plan to reform federal agencies by enlisting billionaire Elon Musk to spearhead efforts aimed at reducing what he calls…
Returns fraud and abuse are a big problem for retailers and brands — and it’s getting bigger. According to a report from Deloitte and Appriss Retail, returns fraud cost retailers more than…
President Donald Trump has placed holds on tens of billions of dollars in congressionally approved spending for projects across the U.S. that range from Iowa soybean farmers adopting…
The Mega Millions jackpot has surged to $1.22 billon—the fifth-largest in the lottery game's history—as the drawing is set for 11 p.m. ET Friday. Why It Matters The odds of winning the…
From Brazil to South Korea, emerging-market central banks are forming a line of defence as a rising US dollar pushes their currencies to multi-year lows. Bangko Sentral ng Pilipinas is…
COMPANIES that spent billions on poorly timed acquisitions in recent years are now offloading those assets at knockdown prices. Alibaba Group Holding announced on Tuesday (Dec 17) that…
MADRID (AP) — The catastrophic torrential rains that overflowed rivers and normally dry canals in eastern Spain last week triggered flash floods that submerged entire communities and…
BRUSSELS (AP) — The European Union is failing to draw important lessons on how to discourage migrants from Africa leaving for Europe without authorization and could do more to limit abuses…
Poland's Prime Minister Donald Tusk on Friday accused the former Law and Justice (PiS) party of misappropriating billions in public funds during its eight years in power. Inspectors from…
