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Economy

The Zimbabwe ZiG currency is flourishing: here’s why

The Zimbabwe ZiG currency is holding steady against the US dollar and other currencies as its reserves jump and the country’s economy…
Stock

Bed Bath & Beyond relaunches with first store in Nashville, plans dozens more

Bed Bath & Beyond is back — kind of. The bankrupt home goods chain is being resurrected by the owners and licensees…
Stock

A top Federal Reserve official says bleak jobs data backs the case for 3 rate cuts

NEW YORK — A top official at the Federal Reserve said Saturday that this month’s stunning, weaker-than-expected report on the U.S. job…
Stock

What Trump’s Nvidia and AMD China deal means for the world

Nvidia and AMD have agreed to share 15% of their revenue from sales to China with the U.S. government, the White House…
Stock

ESPN, Fox to bundle upcoming streaming services for $39.99 a month

Disney’s ESPN and Fox Corp. are teaming up to offer their upcoming direct-to-consumer streaming services as a bundle, the companies said Monday….
Investing

SoftBank targets AI dominance with $32.7B OpenAI stake and chip purchases

Masayoshi Son is positioning SoftBank at the heart of the global artificial intelligence race, building a portfolio that spans chip design, infrastructure,…
Investing

JPMorgan sees Fed cutting rates 5 times starting in September

JPMorgan has made a sharp turn in its Fed forecast, now expecting multiple interest rate cuts starting as soon as September 2025….
Investing

Saudi Arabia likely to cut September crude oil exports to China

Saudi Arabia, the world’s largest crude oil exporter, is poised to reduce its crude oil exports to China in September.  This expected…
Investing

Denmark’s Orsted seeks $9.4B amid US wind power opposition

Orsted, a Danish wind farm developer, saw its stock decline sharply on Monday after requesting 60 billion crowns ($9.4 billion) from shareholders. …
Investing

Dow futures soar 100 points today: 5 things to know before Wall Street opens

Dow futures edged up over 100 points early Monday, hinting at a steady start after last week’s tech-driven rally. Traders are bracing…
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      US regulators probe Tesla Model Y door handle issues

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        Amazon and Microsoft’s AI bet hit a wall: Wall Street’s rare bear makes his move

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