It was a dark Friday for Wall Street on 27 March. Oil prices were climbing and the war with Iran raged on. Markets responded accordingly, with the Dow and Nasdaq entering correction territory, falling more than 10% below their...
The US Senate confirmed Kevin Warsh as chair of the Federal Reserve, one of the most powerful roles in the federal government that holds enormous sway over the economy.
The 54-45 Senate vote on Wednesday was split along party lines,...
Uline, a business and shipping supplies company owned by billionaire Trump supporters Richard and Elizabeth Uihlein, is pausing the construction of a new distribution facility in Kenosha, Wisconsin, citing economic uncertainty.
The construction pause comes in a key battleground state,...
Donald Trump has said the growing financial pressure inflicted on Americans by the war on Iran is “not even a little bit” motivating him to make a peace deal with Tehran.
With US inflation at a three-year high, and fuel...
The fugitive Malaysian financier Jho Low, a central figure in the multibillion-dollar scandal at the state fund 1Malaysia Development Berhad (1MDB), is reportedly seeking a pardon from the US president, Donald Trump.
Low faces multiple charges including corruption and money...
The billionaire chief executive of the chipmaker Nvidia, Jensen Huang, has joined Donald Trump’s China delegation after a reported last-minute invitation, highlighting the US’s AI and tech ambitions.
Huang will join a roster of US bosses including the Tesla chief...
US inflation jumped to 3.8% in April as the war in the Middle East continued to drive energy prices and everyday costs for Americans.
Prices rose 3.8% over the last year, according to the data from the Bureau of Labor...
The board of eBay has rejected the US video games retailer GameStop’s surprise $55.5bn bid (£41bn) for the online marketplace, describing the proposal as “neither credible nor attractive”.
Earlier this month, GameStop made an unsolicited bid for eBay, publishing a...
US workers overwhelmingly support pro-worker policies on artificial intelligence (AI) and view labor unions as the most reliable protectors of workers from the effects of AI, according to a new poll released by the AFL-CIO, the largest federation of...
New legal action aims to head off a Trump administration plan to open up to 24m acres of federal lands to cattle grazing, which opponents characterized as a gift to big agriculture and said could cause a spike in...
