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Economy
Latest news on Russia and the war in Ukraine
Russian attack on Kharkiv city injures five, official saysA Russian attack on the northeastern city of Kharkiv has injured at least five people, the regional governor said…
Former Malaysia Prime Minister Mahathir says he’s ‘not involved in corrupt practices’
Malaysia's former prime minister Mahathir Mohamad said he and his family members were not involved in any "corrupt practices."Last month, Malaysia's Anti-Corruption Commission…
JPMorgan CEO Jamie Dimon says U.S. could see a ‘hard landing,’ stagflation will be ‘worst…
JPMorgan Chase & Co CEO Jamie Dimon arrives for a Senate Banking, Housing, and Urban Affairs Committee hearing on Capitol Hill September 22, 2022 in Washington, DC.Drew Angerer…
Nvidia shows no signs of AI slowdown after over 400% increase in data center business
Nvidia's historic rally is being driven by its data center business, which grew at a whopping 427% in the latest quarter as companies keep snapping up its artificial intelligence…
These are the 3 big risks to the stock market, economist says
Michael M. Santiago | Getty ImagesThe U.S. stock market has been swooning. But there are risks that threaten to put a lid on the euphoria.The three "primary" risks are Federal…
Nvidia reports first-quarter earnings after the bell
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Tuesday, March 19, 2024. …
Former BP exec’s ex-husband gets prison for insider trading after eavesdropping on her calls
Sam Edwards | Getty ImagesThe ex-husband of a former BP mergers and acquisitions manager was sentenced to two years in federal prison for insider trading that netted him $1.76…
Gen Z is entering the C-suite and getting rid of meetings, set work hours and more
In 2024, Gen Z workers are expected to outnumber baby boomers in the American labor force for the first time. But right now, the workforce's youngest generation, the oldest of whom…
Home sales slipped unexpectedly in April, despite big gains in supply
Sales of previously owned homes fell 1.9% in April from March to 4.14 million units, on a seasonally adjusted annualized basis, according to the National Association of Realtors.…
Macy’s beats earnings estimates, as turnaround plan shows early progress
The Macy's company logo is seen at the Macy's store on Herald Square on January 19, 2024 in New York City. Macy's department-store chain announced that they will be laying off…