NEW YORK -The U.S. dollar was mostly lower against major currencies, including the yen and the euro, on Monday as markets weighed continued uncertainty from President Donald Trump’s policies and their impact on the economy. The greenback slid to a…

Skechers has agreed to be taken private by 3G Capital for $9.42 billion in the footwear industry’s biggest buyout to date, exiting public markets after 26 years as the popular shoe brand grapples with the impact of steep U.S. tariffs….

NEW YORK -Bond investors have taken a neutral stance in the run-up to the Federal Reserve’s two-day monetary policy meeting this week, reflecting continued caution over U.S. trade policy that threatens to plunge the world’s largest economy into recession. Fixed-income…

SAN FRANCISCO -A U.S. lawmaker plans to introduce legislation in coming weeks to verify the location of artificial-intelligence chips like those made by Nvidia after they are sold. The effort to keep tabs on the chips, which drew bipartisan support…

OMAHA, Nebraska -Berkshire Hathaway shareholders mourning the departure of legendary investor Warren Buffett anticipate the conglomerate he built over 60 years will retain its long-term focus and culture but worry about the loss of Buffett’s vision and star power. Following…

WASHINGTON -U.S. President Donald Trump said he will not remove Jerome Powell as Federal Reserve Board Chairman before his term ends in May 2026 while describing the central banker as “a total stiff” and repeating calls for the Fed to…

ABOARD AIR FORCE ONE – U.S. President Donald Trump on Sunday said the U.S. was meeting with many countries, including China, on trade deals, and his main priority with China was to secure a fair trade deal. Trump told reporters…

TAIPEI -Taiwan’s government said on Monday that tariff talks with the United States last week did not discuss the exchange rate and Taiwan’s central bank has not taken part in the discussions, after the Taiwan dollar surged against the U.S….

As financial markets pin their hopes on a de-escalation in the U.S.-China trade war, some experts caution that meaningful progress in striking a deal between the world’s two largest economies may still be some way off. “Either tariffs are cut…

U.S. President Donald Trump’s tariffs are increasingly clogging up the wheels of a world economy which for decades were greased by predictable and relatively free trade. Big-name multinationals right down to niche e-commerce players last week cut sales targets, warned…

KUALA LUMPUR -There is a possibility that Malaysia can negotiate a reduction in threatened U.S. tariffs as Washington has agreed to further talks, but the global trade war meant economic growth was likely to be below target this year, the…

U.S. President Donald Trump plans to release his fiscal year 2026 budget on Friday and will send it to Capitol Hill, Axios reported on Thursday. The annual White House budget request includes detailed proposals about how much money should be…

A stablecoin launched by Donald Trump’s World Liberty Financial crypto venture is being used by an Abu Dhabi investment firm for its $2 billion investment in crypto exchange Binance, one of World Liberty’s co-founders said on Thursday. It’s the latest…

Language learning app Duolingo forecast second-quarter revenue above Wall Street estimates and lifted its annual sales expectations on Thursday, as more users pay for subscriptions featuring AI features, sending its shares up 13% in extended trading. Duolingo operates on a…

BOSTON -The U.S. Department of Justice accused three of the nation’s largest health insurers of paying hundreds of millions of dollars in kickbacks to brokers in exchange for steering patients into the insurers’ Medicare Advantage plans. In a lawsuit filed…

European Trade Commissioner Maros Sefcovic said Brussels wants to increase purchases of goods from United States by 50 billion euros ($56.46 billion) to address a “problem” in the trade relationship, adding the bloc is making “certain progress” towards striking a…

Kleenex tissue maker said on Thursday it would invest $2 billion over five years to expand its manufacturing capacity in the United States amid a push for local manufacturing under U.S. President Donald Trump. The Trump administration’s efforts to impose…

Microsoft’s Xbox is hiking the prices of its gaming consoles, controllers, first-party titles and other accessories, following similar moves by competitors due to U.S. tariffs impacting global supply chains. In a blog post on Thursday, Xbox said it will raise…

BEIJING – China’s factory activity slowed at the start of the second quarter, with a sharp fall in new export orders and the resumption of employment declines, a private-sector survey showed on Wednesday. The survey shows U.S. tariffs beginning to…

BEIJING -China’s manufacturing activity contracted in April, an official survey showed on Wednesday, reversing two months of recovery and keeping alive calls for further stimulus as Donald Trump’s 145% tariffs called time on producers front-loading shipments. The official purchasing managers’…

WASHINGTON -U.S. President Donald Trump on Tuesday will soften the blow of his auto tariffs through an executive order mixing credits with relief from other levies on parts and materials, after automakers pressed their case with the administration. The changes…

LONDON -Danish consumers are boycotting Coca-Cola, Carlsberg CEO Jacob Aarup-Andersen said on Tuesday, noting that the brewer, which bottles the drink in Denmark, had seen Coca-Cola volumes decline while local rivals gain share. Carlsberg, which also sells Kronenbourg beer and…

Coca-Cola on Tuesday reported better-than-expected revenue and profit for the first quarter, as the beverage giant benefits from price hikes and strong demand for its sodas, juices and milk offering Fairlife. The Sprite and Fanta maker maintained its full-year organic…

Wall Street’s main indexes moved higher in volatile trading on Tuesday as a mixed bag of corporate earnings, soft economic data and fresh developments on the U.S.-China trade front kept investors on the sidelines. U.S. Treasury Secretary Scott Bessent predicted…

SAN JOSE  -Intel said on Tuesday several of its contract manufacturing customers planned to build test chips for the company’s forthcoming advanced manufacturing process that is currently still in development. The embattled chipmaker indicated it had received interest from customers…

RANKFURT/STOCKHOLM/DETROIT/LOS ANGELES -The fallout from U.S. President Donald Trump’s trade war reverberated further through the corporate world on Tuesday, as delivery giant UPS said it would cut 20,000 jobs to lower costs, while General Motors pulled its outlook and pushed…

SHANGHAI/HONG KONG – China’s Big Five lenders on Tuesday reported narrower margins on their first-quarter earnings and some a drop in profits as the banking sector is hit by a protracted economic slowdown, with rising tariffs darkening prospects further. As…

IBM said on Monday it plans to invest $150 billion in the U.S. over the next five years. This includes an investment of more than $30 billion in research and development to further the company’s American manufacturing of quantum computers,…