Finance

US Home Flipping Profits Hit 17-Year Low as Prices Surge
Finance

US Home Flipping Profits Hit 17-Year Low as Prices Surge

LOS ANGELES — It pays less and less to buy and flip a home these days. From April through June,...


September 26, 2025
Trump Announces New Tariffs on Drugs, Trucks and Cabinets
Finance

Trump Announces New Tariffs on Drugs, Trucks and Cabinets

US President Donald Trump has announced a new wave of tariffs, including a 100% levy on branded or patented drug...


September 26, 2025
UK May Buy Parts to Protect JLR Suppliers After Cyber-Attack
Finance

UK May Buy Parts to Protect JLR Suppliers After Cyber-Attack

Ministers are considering stepping in to support Jaguar Land Rover’s suppliers after the carmaker was forced to suspend production due...


September 25, 2025
CBO Director Phillip Swagel Faces Heat Over Trump Policies
Finance

CBO Director Phillip Swagel Faces Heat Over Trump Policies

WASHINGTON — Even for an agency accustomed to criticism, this summer’s debate over Republicans’ big bill of tax breaks and...


September 25, 2025
China Drops Developing-Country Status at WTO Amid Trump Tariffs
Finance

China Drops Developing-Country Status at WTO Amid Trump Tariffs

SHANGHAI — China has said it would no longer seek the special treatment given to developing countries in World Trade...


September 24, 2025
Global Shares Mixed as Fed’s Powell Flags High Stock Valuations
Finance

Global Shares Mixed as Fed’s Powell Flags High Stock Valuations

TOKYO — Global shares traded mixed Wednesday following a drop on Wall Street, as Federal Reserve Chair Jerome Powell said...


September 24, 2025
Nvidia to Invest $100B in OpenAI for Next-Gen AI Infrastructure
Finance

Nvidia to Invest $100B in OpenAI for Next-Gen AI Infrastructure

US tech giant Nvidia will invest up to $100bn (£73bn) in OpenAI, the firm behind ChatGPT, the companies have announced....


September 23, 2025
Global Shares Rise as Wall Street Rally Lifts Markets Worldwide
Finance

Global Shares Rise as Wall Street Rally Lifts Markets Worldwide

TOKYO — Global shares mostly rose Tuesday, taking their cue from a seemingly relentless rally that’s continuing on Wall Street. France’s...


September 23, 2025
European Markets Slip While Asian Shares Close Mostly Higher
Finance

European Markets Slip While Asian Shares Close Mostly Higher

TOKYO — Asian shares finished mostly higher Monday, cheered by a record finish last week on Wall Street, but European...


September 22, 2025
China Sees TikTok Deal as a Win, But What’s in It for Beijing?
Finance

China Sees TikTok Deal as a Win, But What’s in It for Beijing?

A much-awaited deal over TikTok may be close, with US President Donald Trump and his Chinese counterpart Xi Jinping set...


September 19, 2025