Economy
As the stock market nears record highs, another corner of Wall Street flashes warning signs
The stock market is near record highs, but there’s another corner of Wall Street that’s flashing warning signs: the bond market
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Economy
She paid an insurance company $99,000 to generate retirement income for life. Then it collapsed.
Risks are mounting in the life insurance industry, and experts are concerned state regulators are not protecting policyholders.
Economy
Trump’s H-1B visa squeeze paves way for Indian tech exodus
For generations of Indian tech workers, the H-1B visa has been a golden ticket, turning ambitious engineers from Hyderabad and Bengaluru into Silicon Valley professionals, as it transformed Indian IT…
Economy
Early-morning texts from fashion retailer spark lawsuit from California customer
A California shopper said she received multiple promotional texts from Fashion Nova before 8 a.m., the earliest hour legally allowed for promotional texts, the lawsuit states.
Economy
Hiltzik: Justice Department attack on UCLA and other med schools shows it has no idea what makes a good doctor
The Justice Department claims that UCLA and other med schools give too much weight to race in choosing students. But its analysis is fundamentally racist.
Economy
Dogfight over California: The ugly battle between electric air taxi leaders Joby and Archer
As they compete to make flying cars a reality, air taxi companies Archer and Joby are involved in a complex legal battle that has spanned half a year.
Economy
European companies are reindustrialising — just with less money
Planned investment for the next three years is falling even as AI cements its role as a crucial economic driver.
Economy
Goldman Sachs reportedly selected to lead SpaceX IPO in landmark Wall Street deal
Goldman Sachs has reportedly secured the leading underwriting role for SpaceX’s expected stock market debut this year in a move that paves the way for the largest IPO in history.
Economy
Philippines’ top court rejects Dela Rosa’s bid to block ICC arrest warrant
The Philippine Supreme Court refused on Wednesday to block the arrest of a fugitive senator wanted by the International Criminal Court over his role in the nation’s deadly drug war.…
Economy
Final report reveals truth behind deadly Singapore Airlines flight SQ321 turbulence
Two years after severe turbulence left one passenger dead and dozens injured on a Singapore Airlines (SIA) flight, investigators have released their final report, addressing major questions about what caused…
Economy
Japan, South Korea hone diplomatic ‘muscle memory’ amid Taiwan worries
When South Korean President Lee Jae Myung and Japanese Prime Minister Sanae Takaichi met on Tuesday, they had energy security atop the agenda – and something harder to name top…
Economy
In Malaysia, drug-laced vape seizures stoke US-like ‘zombie epidemic’ fears
Viral “zombie vape” videos of young Malaysian men appearing dazed and disoriented after vaping have intensified concern that drug-laced liquids are spreading through the country’s booming e-cigarette market. The clips,…
Economy
Thailand’s Singha beer dynasty rocked by sexual abuse allegations
Allegations of sexual assault by an heir to a beer fortune against his own older brother have thrust one of Thailand’s richest families into an uncomfortable spotlight, stunning a public…
Economy
EU mulls Merkel or Draghi as possible Putin whisperer
Momentum gathers for Europe to appoint its own representative as US-led talks on Ukraine stall
Economy
EU Parliament approves implementation of US tariff deal under pressure from Trump
European negotiators agreed late on Tuesday to implement the controversial trade agreement concluded last summer with the US. However, the deal — signed in the Scottish city of Turnberry —…
Economy
Google to release first smart glasses since Google Glass flop
The glasses will go on sale sometime in autumn and allow Google's artificial intelligence product to interact with a user.
Economy
Sen. Josh Hawley says he favors a stock trading ban that applies to presidents
Sen. Josh Hawley, R-Mo., said he would like to see presidents — along with other federal officials — banned from trading individual stocks.
Economy
Canadian mining company Sherritt International halts plans to dissolve Cuba business amid sanctions
The company says it stopped the dissolution plan after consultations with its advisers, stakeholders and relevant governmental authorities, reversing a decision it announced last week as the U.S. expands sanctions…
Economy
Investors fear another surge in inflation
So why aren’t more buying inflation-protected bonds?
Economy
The New ‘Gold Rush’ of Geothermal Energy
A new wave of start-ups are trying to harvest emissions-free energy from inside the Earth, but the industry still faces significant challenges.
Economy
Supermarkets ‘encouraged to cap food prices’ – but bosses hit out at ‘1970s-style price controls’
The government has moved to distance itself from reported efforts to introduce price caps on key supermarket products, such as eggs, bread and milk, in return for the easing of…
Economy
Alberta’s timeline for West Coast pipeline ‘best-case scenario’: CIBC analysts
Analysts are encouraged by a "sense of urgency" surrounding a potential new pipeline, but point out the provincial and federal governments still need to agree on the Pathways carbon capture…
Economy
UK waters down Russian oil sanctions
The UK government has watered-down sanctions on Russia, allowing diesel and jet fuel from Russian crude oil to enter the UK if it is refined in other countries.
Economy
Inflation Fears Cloud G7 Economic Agenda as Iran War Persists
The United States and Europe were at odds over the Trump administration’s decision to ease oil sanctions on Russia.
Economy
Rising Energy Costs and Data Centers at Heart of NextEra’s Dominion Bid
NextEra’s proposed acquisition of Dominion Energy comes as Americans are paying a lot more for electricity, and data centers are demanding a lot more power from utilities.
Economy
Canada’s annual inflation rate rose to 2.8% in April, thanks to soaring energy prices
Cost of gasoline was 28.6 per cent higher in April year-over-year, helping boost overall inflation, while the pace of inflation slowed for other costs like rent and food. Economists noted…
Economy
PlayStation Plus price hikes spark backlash from gamers as Sony raises subscription
Sony is increasing the price of PlayStation Plus memberships in several markets. The decision has prompted criticism from players who argue that subscription gaming is becoming increasingly expensive.
Economy
The missing men of the American marriage market
A new study suggests the growing educational and economic divide between men and women is reshaping marriage and family life in America — leaving many women with a shrinking pool of economically stable partners.
Economy
Online retailer Shein to acquire San Francisco-based Everlane
Shein, the Chinese e-commerce giant known for cheap apparel, is buying the direct-to-consumer brand Everlane, according to news reports.
Economy
Hiltzik: A surge in Nevada data center construction threatens the electricity supply for 49,000 Californians
Local opposition has blocked or delayed more than a dozen huge data center projects around the country. But these Californians won't get to vote on Nevada projects that could affect…
Economy
Are consumers cracking under the weight of high prices? We’re about to find out
Home Depot, Lowe’s, Walmart and Target report earnings this week, offering a clear picture of how consumers are faring amid inflation and high energy costs.
Economy
U.S. prosecutors drop fraud charges against billionaire Indian businessman
The Justice Department said it would drop its criminal fraud charges against billionaire Indian businessman Gautam Adani, a significant reversal in a high-profile case.
Economy
Robo-top: The machines that could make your next t-shirt
Most clothes are made in Asia, but new machines could bring some of that work back to the West.
Economy
News organizations sue to unseal filings in DOJ’s Fulton County election investigation
A group of news organizations, including NBC News, has filed a motion to unseal filings and subpoenas in the Department of Justice’s ongoing investigation into the 2020 election in Fulton…
Economy
How much is Donald Trump costing America’s economy?
We calculate the drag on growth from fitful presidential policymaking