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Finance

Billionaire Ken Griffin calls tariffs a ‘painfully regressive tax,’ hitting working class Americans the hardest

May 8, 20250

Citadel CEO Ken Griffin speaks during the Semafor World Economy Summit 2025 at Conrad Washington on April 23, 2025 in Washington, DC. Kayla Bartk...

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Economy

Private payroll growth slowed to 62,000 in April, well below expectations

May 8, 20250

Companies slowed hiring sharply in April as they braced against potential impacts from President Donald Trump's tariffs against U.S. trading part...

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Earnings

Arm shares drop on weak forecast

May 8, 20250

Rene Haas, CEO of chip tech provider Arm Holdings, holds a replica of a chip with his company's logo on it, during an event in which Malaysia's P...

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Business

Saudi sovereign wealth fund deepens investment in women’s professional golf

May 8, 20250

PIF will become the title sponsor of revamped golf series.Severn ImagesSaudi Arabia is deepening its investment in women's professional golf.The ...

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Finance

The Fed meets with uncertainty permeating the air. Here’s what to expect

May 7, 20250

US Federal Reserve Chair Jerome Powell speaks at the Economic Club of Chicago in Chicago, Illinois, on April 16, 2025. Kamil Krzaczynski | Afp | ...

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Economy

China risks a spiral into deeper deflation as it diverts U.S.-bound exports to domestic market

May 7, 20250

SHENZHEN, CHINA - APRIL 12: A woman checks her smartphone while walking past a busy intersection in front of a Sam's Club membership store and a ...

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Earnings

Super Micro issues weak guidance, cites ‘economic uncertainty and tariff impacts’

May 7, 20250

Charles Liang, CEO of Super Micro, speaks at the HumanX AI conference in Las Vegas on March 10, 2025.Big Event Media | HumanX Conference | Getty ...

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Business

Mattel CEO says toy manufacturing won’t come to America, but price hikes will

May 7, 20250

One of the goals of President Donald Trump's 145% tariffs against China is to drive manufacturing back to America. But the odds of that are low, ...

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Finance

End of an era: Warren Buffett will ask Berkshire board to replace him as CEO with Greg Abel

May 5, 20250

An end of an era was announced in Omaha Saturday as Warren Buffett said he will soon ask the board of Berkshire Hathaway to have Greg Abel replac...

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Economy

Euro zone inflation unchanged at 2.2% in April, leaving path open for further ECB interest rate cuts

May 5, 20250

Shoppers buy fresh vegetables, fruit, and herbs at an outdoor produce market under green-striped canopies in Regensburg, Upper Palatinate, Bavari...

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