Finance

Despite the V-shaped recovery, U.S. stocks still lag behind the rest of the world in 2025

After taking a battering in April, the S&P 500 recovered this week and finally tipped positive for the year. So far, 2025 has offered paltry

Finance

Norway Wealth Fund is freezing hiring to focus on AI use, despite research showing AI projects seldom offer a return in investment

The Norway Wealth Fund, the world’s largest sovereign wealth fund, is putting a pause on hiring, focusing on investing in technology such as AI to

Finance

Trump’s trip to Saudi Arabia raises the prospect of US nuclear cooperation

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Finance

Ampere CEO sings Amazon’s praises on chips because it ‘has an outstanding team’

Renée James, the CEO of the semiconductor designer Ampere, lauded Amazon’s efforts to make its own chips.  The tech giant, James said, had a team

Finance

Trump rules out firing Powell while pushing him to cut rates

President Donald Trump insisted he doesn’t plan to fire Federal Reserve Chair Jerome Powell despite his sustained criticism over the pace of interest rate cuts.

Finance

Kohl’s turnaround efforts dealt major blow as its new CEO is fired in scandal involving a ‘personal relationship’ just a few months after taking the top job

That didn’t take long. Kohl’s once again is looking for a CEO to end its yearlong decline after the struggling department store retailer fired Ashley

Finance

IBM plans to invest $150 billion in U.S. over next five years

International Business Machines Corp. plans to invest $150 billion in the U.S. over the next five years, joining a cohort of companies that have announced

Finance

Trump says he ‘loves’ a millionaires tax, but not enough to lose an election

Being a billionaire himself, it’s no surprise President Donald Trump has been against higher taxes on the wealthy. But in an interview published Friday by

Finance

The Polymarket Pope: Online bettors are feeling confident about who the new pontificate will be be

The death of Pope Francis is a time of mourning for millions of catholics around the world, but it also marks the beginning of an

Finance

Trump’s handling of tariffs and inflation nosedives his economic approval rating to the rock bottom of his entire presidential career

Many Americans were hopeful in voting for President Donald Trump that his economic policies would mean lower prices, lower taxes, and a booming economy. But