Economy
Japan’s bond market ignites fears of outflows from U.S., carry trade unwind and market turmoil
The Bank of Japan headquarters in Tokyo, Japan, on Sept. 27, 2021. Toru Hanai | Bloomberg | Getty Images Japan’s bond market is igniting fears of capital flight from the U.S. and a carry trade unwind as long-dated yields hover near record highs. Yields resumed their move higher Wednesday as demand for 40-year government bonds […]
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The U.S.’ AI love affair with the UAE isn’t just about access — it’s about dominance
UAE President Sheikh Mohamed bin Zayed Al Nahyan (R) welcomes his US counterpart Donald Trump upon arrival at the presidential terminal in Abu Dhabi on May 15, 2025. Giuseppe Cacace | Afp | Getty Images DUBAI, United Arab Emirates — Deep in the oil-rich deserts of the Middle East, the United Arab Emirates is on […]
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Australia’s consumer inflation holds steady in April, rate cuts still in view
Customers purchase produce from stalls at Carriageworks Farmers Market in Sydney, Australia, on Saturday, April 26, 2025. Bloomberg | Bloomberg | Getty Images Australian consumer inflation held steady in April as higher health and holiday costs offset a drop in petrol prices, although the monthly measure tends to be volatile and left hopes for more interest rates […]
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A couple who’ve worked in the Maldives and Bali share how living in paradise differs from visiting it
From the Maldives to Bali to the Cayman Islands, Marc LeBlanc and Laura Robinson have lived and worked in places that most people dream of visiting. They work in the hospitality industry — a journey that LeBlanc, who is Canadian, began at 16 years old when he accepted a job as a dishwasher at a […]
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Trump to pardon reality TV stars Todd and Julie Chrisley, convicted of fraud and tax evasion
Reality TV Personalities Julie Chrisley (L) and Todd Chrisley (R) visit Hallmark’s “Home & Family” at Universal Studios Hollywood on June 18, 2018 in Universal City, California. Paul Archuleta | Getty Images President Donald Trump said Tuesday that he will pardon reality television stars Todd and Julie Chrisley, who were convicted of tax evasion and […]
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Stocks making the biggest moves midday: Trump Media, Salesforce, Tesla, AMC Entertainment and more
Check out the companies making headlines in midday trading. Chinese autos — Chinese auto stocks retreated after BYD said it would lower prices on 22 electric and plug-in hybrid models until the end of June, igniting fears of a fresh price war in the Chinese market. U.S.-traded shares of Li Auto and Nio respectively slipped […]
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Trump threatens to withhold California’s federal funding over transgender athlete
US President Donald Trump and First Lady Melania Trump are greeted by California Governor Gavin Newson upon arrival at Los Angeles International Airport in Los Angeles, California, on Jan. 24, 2025, to visit the region devastated by the Palisades and Eaton fires. Mandel Ngan | AFP | Getty Images President Donald Trump on Tuesday threatened […]
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Trump hails ‘positive’ step in U.S.-EU trade negotiations as markets hope for a deal
U.S. President Donald Trump gives a speech, during the commencement ceremony at West Point Military Academy in West Point, New York, U.S., May 24, 2025. Nathan Howard | Reuters U.S. President Donald Trump said Tuesday he was monitoring “positive” steps in trade talks with the European Union, after he agreed to delay a 50% tariff on […]
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Stocks making the biggest moves premarket: Tesla, Informatica, Newmont, CoreWeave and more
Check out the companies making headlines before the bell. Newmont — The gold miner’s stock shed 2% alongside the decline in the precious metal’s price. Spot gold, considered a safe haven, was down 1.5% after President Donald Trump delayed tariffs on the European Union. Tesla — Shares of the electric vehicle maker rose more than […]
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India’s iPhone exports to the U.S. soared an estimated 76%. But Trump, Beijing won’t make further growth easy
“This latest trade war with China, is the type of disturbance that Apple has long been trying to prepare itself for,” says Le Xuan Chiew, a research manager at Omdia. Kevin Carter | Getty Images News | Getty Images Shipments of iPhones from India to the U.S. rose 76% in April year on year, estimates […]
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