President Trump can’t believe Jensen Huang doesn’t own his own plane. Hours before he departs for his highly anticipated China summit, the president has been arranging for the billionaire cofounder of Nvidia to join the who’s who of Fortune 500 CEOs preparing…
Just as American automakers started pulling back on EVs, the Iran war has sent gas prices skyrocketing, opening up a crucial opportunity for Chinese car companies to seize the moment. In December, Ford took one of the biggest write-downs in…
We live in an era of fast-moving, interconnected crises — from antimicrobial resistance and climate-related health threats to pandemics. Yet, many health systems remain ill-equipped to respond, while also struggling with aging populations, workforce constraints, and the growing pressure to adapt to…
For decades, Japanese government bonds offered minuscule returns, forcing investors there to look abroad, especially at U.S. financial markets. Japanese investors now collectively own about $1 trillion in Treasuries and are the largest foreign holders of U.S. debt. But that…
As the Federal Reserve considers how to respond to the latest inflationary spike, a former central banker has warned that the traditional monetary policy playbook doesn’t apply. In a Substack post last week, former Philadelphia Fed President Patrick Harker argued…
Stock futures dipped Sunday as investors were forced to confront the inconvenient reality that the Strait of Hormuz remains closed with oil markets edging closer to a cliff’s edge. Futures tied to the Dow Jones industrial average fell 174 points, or 0.35%.…
The US Centers for Disease Control and Prevention is escalating its response to the ongoing Ebola outbreak in the Democratic Republic of Congo and Uganda, after the World Health Organization labeled the outbreak a public health emergency. The agency plans to…
Four crew members ejected safely after two Navy jets collided Sunday at an air show in Idaho, a show organizer said. Emergency crews responded after the two planes collided during the show at the Mountain Home Air Force Base in…
Investors won’t see a rate cut out of the next Federal Reserve policy meeting, according to DoubleLine Capital LP chief executive officer Jeffrey Gundlach. “People were looking for two rate cuts this year, but the inflation market has simply not…
Taiwan’s president on Sunday stressed that arms purchases from the United States are “the most important deterrent” of regional conflict and instability, after President Donald Trump called into question continued U.S. support of Taiwan following his visit to China. U.S.…