The big summer rally in the greenback may have run its course. The Fed’s fight against inflation could benefit, but look for disruption elsewhere.
Swatch Group AG’s next low-priced luxury offering is a collaboration with storied Swiss watchmaker Blancpain that will sell a budget version of a timepiece linked to Jacques Cousteau.
The US and European Union are working on an agreement that would introduce new tariffs aimed at excess steel production from China and other countries, as well as put behind them a Trump-era trade conflict.
Gabon’s military government freed President Ali Bongo from house arrest, a week after overthrowing him in a bloodless coup.
China plans to expand a ban on the use of iPhones in sensitive departments to government-backed agencies and state companies, a sign of growing challenges for Apple Inc. in its biggest foreign market and global production base.
SK Hynix Inc. has opened an investigation into the use of its chips in the latest phone from Huawei Technologies Co., after a teardown of the device revealed its memory and flash storage inside.
Societe Generale SA has switched its Asia chip stock preference to South Korea over Taiwan, saying the likes of Samsung Electronics Co. are better geared to profit from the end of the semiconductor downcycle.
Qantas Airways Ltd.’s woes deepened after the government said it’s looking to shake up the way takeoff and landing slots are granted in Sydney in order to help smaller rivals like Rex and Bonza.
There aren’t any signs that the release of treated wastewater from the damaged Fukushima nuclear plant will dissuade Chinese tourists from visiting Japan, despite a backlash in Asia’s biggest economy, the chief executive officer of Japan’s largest airline said.
Economist Mariana Mazzucato says sacrificing regulation in the name of growth is a mistake, and that state investment is the real driver of innovation.
German industrial output fell again in July, further holding back Europe’s biggest economy and casting a pall over the start of the third quarter.
UK house prices fell at their sharpest annual pace since 2009 after soaring mortgage rates curtailed how much buyers could afford, one of the nation’s biggest mortgage lenders said.
Growing fears about the state of the world are pushing more people to take out insurance even as prices rise, Lloyd’s of London Chief Executive Officer John Neal said.
Investors including Blackstone Inc. and Thomson Reuters Corp. sold about £2 billion worth of stock in London Stock Exchange Group, bringing the total amount offloaded since March to more than £7 billion. LSE also bought back around £750 million in shares, part of Chief Executive Officer David Schwimmer’s pledge to support an “orderly sell down” for the consortium. That’s as the exchange struggles to retain premium listings and win over new ones.
The architect of China’s world-leading electric-car push is convinced hydrogen vehicles will play an important role in the world’s biggest auto market.
A Japanese rocket bound for the moon took off early Thursday, offering relief to a battered national space program following a string of weather delays, major setbacks and high-profile failures.
Two Binance executives overseeing regions including Eastern Europe and Russia have left the world’s largest crypto exchange, which has been rapidly losing senior managers as regulators in the US and elsewhere crack down on it.
Crypto exchange-traded-products issuer 21Shares and Cathie Wood’s ARK Investment Management are seeking to offer the first US ETF that invests directly in Ether.
Bankrupt cryptocurrency lender Genesis Global Holdco LLC sued its parent, Digital Currency Group, seeking to recover about $620 million in outstanding loans despite ongoing settlement talks.
Starting Sept. 5, it became much harder to book an Airbnb rental in New York City. That’s because new rules took effect that require all hosts to register with the city, ensuring their listings comply with strict rules on occupancy and building codes. After years of sparring with the city and a failed lawsuit earlier this year, Airbnb has run out of options and is expected to lose thousands of listings in one of its biggest markets.
The long-awaited project to replace Newark Liberty International Airport’s train system has gotten even more expensive than its original $2 billion price tag.
The Chicago area could suffer bus and rail-service cuts of 30% or more if state lawmakers don’t find new sources of money to replace federal aid that’s drying up by 2026, a regional planning agency says.
South Africa must accelerate its transition to renewable energy to avoid export penalties being threatened by key trading partners, a government official said on Wednesday.
Texas declared its first power emergency since a deadly winter storm two years ago and warned rolling blackouts might be needed as soaring temperatures roast the second-largest US state.
California’s attorney general said he won a court order temporarily blocking a school district from informing parents when students ask to change their name or pronoun.
Mexico’s Supreme Court on Wednesday decriminalized abortion nationwide.
Washington’s full-court diplomatic charm offensive is falling on deaf ears in Beijing.
The president’s decision to skip the G-20 indicates that Beijing — beset with its own economic problems — is turning inward.
Qantas enjoyed a privileged position in Australian and global aviation. Then it made obvious mistakes.
The Chilean dictator Augusto Pinochet is not dead in Pablo Larraín’s “El Conde.” He is instead a 250-year-old vampire living in semi-exile and wishing for death in this audacious allegory about history’s tendency to repeat itself, shot in sublime, otherworldly black and white.
The raucous evening sale at Sotheby’s in London is the first of six dedicated auctions of the singer’s belongings. It was a wild time, with big numbers.
There’s little that can dent the world’s top performing stock this year, not even its founder being sent to prison for insider trading.
John Paulson was sued by his longtime business partner in Puerto Rico, who alleges the hedge fund billionaire made fraudulent claims to convince him to invest $17 million in a luxury automobile dealership on the island.
Australian Prime Minister Anthony Albanese will meet with Chinese Premier Li Qiang on the sidelines of the Asean summit in Jakarta on Thursday, in the latest sign of warming relations between Canberra and Beijing.
As the world’s most powerful leaders descend on New Delhi for the Group of 20 summit, India is pulling out all the stops, deploying fighter jets around the capital, painting murals on underpasses and chasing away packs of monkeys from government buildings.
Gavin Newsom touted Silicon Valley’s AI dominance, but warns of a “Pandora’s box.”
OpenAI will host its first developer conference this fall, as the ChatGPT-maker looks to bolster interest in its products while facing growing competition from other artificial intelligence companies.
Audio, images and video on political advertising will need to be labeled
Flexport Inc. Chief Executive Officer Dave Clark is abruptly leaving the startup after a year at the company, making way for the return of its founder, Ryan Petersen, and highlighting pressure on startups in the logistics industry after a pandemic boom.
Online grocery delivery startup Instacart Inc. is preparing to set a price range for its initial public offering and start its investor roadshow as early as Monday, according to people familiar with the matter.
New York’s former chief diversity officer, Lourdes Zapata, will lead the Metropolitan Transportation Authority’s push to award more contracts to minority- and women-owned businesses through its $51.5 billion multi-year capital program.
GameStop Corp. reported second-quarter sales that narrowly beat analyst’s estimates in its first report since the retail chain ousted its chief executive officer.
US employment gains will slow significantly and be more concentrated across few sectors in the decade through 2032 as population growth moderates, fresh government estimates show.
The Federal Reserve’s 5.25 percentage points of interest-rate increases over the past 18 months may be enough to bring inflation down to the US central bank’s 2% target and avoid a recession, according to an analysis from two Chicago Fed economists.
Malaysia is expected to leave its benchmark interest rate unchanged Thursday, as cooling inflation gives the central bank some breathing space to preserve support for the slowing economy.
Oil held gains after capping the longest winning run in more than four years as OPEC+ leaders extended supply cuts to the end of 2023 and industry estimates pointed to another draw in US crude inventories.
The market for Japanese government bonds faces another test of demand with the Ministry of Finance set to auction 30-year debt on Thursday.
Genesis, the bankrupt crypto lender sued its parent company, DCG, in efforts to recover $620 million and other charges from unpaid loans.
Total Value Locked (TVL), one of the metrics used to know the robustness of a blockchain in the decentralized finance (DeFi) sector, has recently …
A new paper co-authored by Ethereum's Vitalik Buterin dives into privacy pools systems as a tool to achieve privacy in financial transactions while allowing regulatory compliance.
