business news

Biden and Japan’s Kishida forge new partnership, eyeing China and Russia

U.S. President Joe Biden and Japanese Prime Minister Fumio Kishida on Wednesday unveiled plans for military cooperation and projects ranging from missiles to moon landings, strengthening their…

China’s commercial property segment is seeing some bright spots amid a slump in the wider realty sector

BEIJING — China’s commercial property sector is seeing pockets of demand amid an overall real estate slump. The capital city…

Trump Media director accused of ‘hacking’ files in attempted corporate ‘coup’: Lawsuit

Investment firms led by the former CEO of the SPAC that merged with Donald Trump’s media company allege that their…

New EPA limits on ‘forever chemicals’ in drinking water could cost $1.5 billion per year to implement

The Environmental Protection Agency released long-awaited regulations Wednesday on some toxic “forever chemicals” found in drinking water. Known as PFAS,…

The ‘supercore’ inflation measure shows Fed may have a real problem on its hands

A hotter-than-expected consumer price index report rattled Wall Street Wednesday, but markets are buzzing about an even more specific prices…

Fed wants more confidence that inflation is moving toward 2% target, meeting minutes indicate

Federal Reserve officials at their March meeting expressed concern that inflation wasn’t moving lower quickly enough, though they still expected…

Trump Media shares close down more than 8%, putting market cap under $5 billion

The share price of Trump Media closed trading Wednesday down 8.57%, putting the company’s market capitalization below $4.7 billion. DJT…

Hot inflation data pushes market’s rate cut expectations to September

As recently as January, investors had high hopes that the Federal Reserve was about to embark on a rate-cutting campaign…