Business

BUDAPEST — Former European Central Bank chief Mario Draghi stressed to European leaders gathering in Hungary that it was more urgent than ever to overhaul the EU economy and act...

China announced a debt rescue program to the tune of $1.4 trillion to save heavily indebted local governments and boost its economy. China’s Standing Committee of the National People’s Congress...

What the Trump Victory Means for Our Economy The decisive election of Donald Trump to a second presidential term has fueled the hopes of investors for a renewal of economic...

Steven Madden executives said Thursday the shoe maker was working quickly to shift product sourcing out of China to other countries after Donald Trump’s presidential election victory. In February, Trump said if...

The United States Federal Reserve has cut interest rates by a quarter of a percentage point as policymakers took note of a job market that has “generally eased” while inflation...

Another interest rate cut is headed Americans’ way. On Thursday, the Federal Open Market Committee announced a 25-basis-point interest rate cut, following a 50-basis-point cut in September. It follows continued...

Caroline Ellison, a former top executive in Sam Bankman-Fried ’s fallen FTX cryptocurrency empire, began her two-year prison sentence Thursday for her role in a fraud that cost investors, lenders and customers...

The red shift in 2024 was so broad that no one localized issue appeared to tip the election in President-elect Donald Trump’s favor. However, one key factor may have been...

Apple Intelligence is powered by Apple’s servers with the M2 Ultra chip. A Bloomberg report was the first to spoil this a month before Apple unveiled its AI strategy. At...

When Donald Trump is sworn in as the 47th president of the United States on January 20 next year, one of the first things economists expect him to do is...