Trump Travels to Beijing for High-Stakes Summit With Xi Jinping
Donald Trump arrived in Beijing for a two-day summit with Xi Jinping focused on tariffs, semiconductors, AI restrictions, and broader U.S.-China economic relations.
Economy - Page 4
Track the key forces shaping the global economy with our comprehensive coverage. This section delivers timely updates on central banks and interest rates, inflation trends, labor markets, GDP growth and geopolitical shifts. We provide clear analysis and essential context so readers can understand how economic indicators and policy decisions affect markets, businesses and personal finances worldwide. Designed for professionals, investors and anyone interested in macro trends, our Economy category brings together the stories that define today’s economic landscape.
Latest Economy News
U.S. Inflation Climbs to 3.8% as Markets Weigh Rising Rate Risks
U.S. inflation accelerated to 3.8% in April, exceeding forecasts and fueling concerns that the Federal Reserve may delay or reverse expected rate cuts.
Musk Testifies in Lawsuit Against OpenAI, Seeks $134 Billion in Damages
Elon Musk has begun testifying in his case against OpenAI, seeking to remove leadership and claim $134 billion in damages over alleged contract violations.
U.S. Government’s Intel Stake Gains $25.7 Billion in Eight Months After CHIPS Investment
A U.S. government investment in Intel has generated $25.7 billion in unrealized gains in just eight months after shares surged following earnings.
China Blocks Meta’s $2 Billion Acquisition of AI Startup Manus
China has blocked Meta’s $2 billion acquisition of AI startup Manus, citing regulatory concerns over the cross-border deal.
Condom Prices Could Rise 30% as Iran War Disrupts Supply Chains, Karex Warns
Condom prices could increase by up to 30% as the Iran war drives higher costs and disrupts supply chains, according to global producer Karex.
U.S. Launches $166 Billion Tariff Refund Program After Supreme Court Ruling
The Trump administration has begun issuing up to $166 billion in tariff refunds to importers following a Supreme Court decision, with payments expected to take months...
Fed Nominee Kevin Warsh Discloses Crypto Investments Worth Over $100 Million
Federal Reserve nominee Kevin Warsh revealed over $100 million in assets, including stakes in crypto and tech ventures, raising questions about potential policy implications.
Traders Bet Fed Will Hold Rates Through 2026 After Inflation Data
Traders are betting the Federal Reserve will keep interest rates unchanged through 2026 following the latest inflation data. CPI figures showed moderating but still elevated price...
Global Billionaire Wealth Hits Record as Oxfam Flags Rising Political Influence
Global billionaire wealth climbed to a new peak in 2025 as the number of ultra-wealthy individuals surpassed 3,000 for the first time, according to Oxfam. The...
Japan Launches World’s First Deep-Sea Rare Earth Mining Project
Japan has become the first country to begin extracting rare earth elements from the ocean floor, marking a major step to secure critical mineral supplies and...
U.S. Prosecutors Open Criminal Probe Into Fed Chair Powell, Raising Stakes for Central Bank
U.S. prosecutors have launched a criminal investigation into Federal Reserve Chair Jerome Powell over disclosures tied to a headquarters renovation, escalating political pressure on the central...