business news

China stocks just had their best day in 16 years, sending related U.S. ETFs soaring

China stocks rallied to their best day in 16 years, with related U.S. ETFs also soaring after recent economic stimulus…

Iran’s response to Israel will be a choice between revenge and survival. Markets say it’s choosing survival

Iran’s powerful proxy network across the Middle East is being dealt blow after blow from Israel, which has dramatically escalated…

‘No challenges can stop China’s progress’ Xi Jinping says in 75th anniversary speech

BEIJING — Chinese President Xi Jinping said Monday that no challenges can stop the country from moving forward and reiterated…

U.S. East Coast port strike looms Tuesday with no talks scheduled

U.S. East and Gulf Coast port workers are set to go on strike at midnight on Monday with no talks…

Biden says he won’t intervene if port workers go on strike

U.S. President Joe Biden said on Sunday he did not intend to intervene to prevent a port strike on the…

Mark Cuban warns Elon Musk: Trump’s ‘loyalty is only to himself’

Billionaire investor Mark Cuban cautioned Tesla CEO Elon Musk on Sunday against forming an alliance with former President Donald Trump,…

U.S. boosts air support and hikes troops’ readiness to deploy for Middle East

The U.S. military said on Sunday it was increasing its air support capabilities in the Middle East and putting troops…

Israel pounds Lebanon, pressuring Hezbollah after killing its leader

Israel struck multiple targets in Lebanon on Sunday, pressing Iran-backed Hezbollah with more attacks after it struck a huge blow…