business news

Many ‘doubted the vision’: Saudi investment minister touts ‘green shoring’ on path to diversification

Saudi Minister of Investment Khalid al-Falih pushed back against skepticism over the country’s economic diversification plan, as Riyadh touts “green…

Yellen says U.S. economy remains solid, on path to ‘soft landing’ with no meaningful layoffs

Treasury Secretary Janet Yellen sought to reassure the public on Saturday that the U.S. economy remains strong, despite a string…

U.S. believes Iran transferred short-range ballistic missiles to Russia

The United States has informed allies that it believes Iran has transferred short-range ballistic missiles to Russia for its war in…

CIA director saw ‘genuine risk’ of Russia using tactical nuclear weapons early in Ukraine war

CIA Director William Burns believed there was a real risk in the fall of 2022 that Russia could use nuclear…

ETFs are on pace to break record annual inflows, but this wild card could change it all

Exchange-traded fund inflows have already topped monthly records in 2024, and managers think inflows could see an impact from the…

3 ways Wall Street’s largest banks are leveraging AI to increase profitability

Big banks are jumping into the AI arms race.

Europe’s economy survived ‘terrible prophecies’ but must now tackle trade with China: EU’s Gentiloni

The European Union has successfully avoided the “terrible prophecies” that threatened its economy in recent years, but must still contend…

Former Vice President Dick Cheney, a Republican, will vote for Kamala Harris in November, his daughter Liz Cheney says

Republican former Vice President Dick Cheney will vote for Democrat Kamala Harris in the 2024 presidential election, his daughter Liz…

RFK Jr. is dropped from ballots in North Carolina and Michigan by appeals courts

Former independent presidential candidate Robert F. Kennedy Jr. will not appear on ballots in North Carolina and Michigan, appeals courts…