A full-blown war between the United States and Iran could, in a worst-case scenario, send oil prices soaring and cause an economic downturn. With a massive U.S. military buildup underway in the Middle East, President Donald Trump signaled Thursday that he will decide in the next 10 days whether to launch strikes against Iran. “This…
The Supreme Court in Washington, Jan. 27, 2026. Al Drago | Bloomberg | Getty Images The Supreme Court may decide the fate of President Donald Trump’s tariff agenda as soon as Friday — and the ruling has implications for consumers’ wallets, according to economists. If the high court were to rule that certain tariffs are…
A Chinese flag flutters atop a China customs building, at a terminal of the Yantian port in Shenzhen, Guangdong province, China, Oct. 30, 2025. Tingshu Wang | Reuters The U.S. trade deficit swelled in December, closing out a year in which the imbalance was essentially unchanged despite efforts by the Trump administration to close the…
Microsoft President Brad Smith speaks at a press conference at the Representation of the State of North Rhine-Westphalia about future visions for the development and application of artificial intelligence in education in NRW in Berlin on June 4, 2025. Soeren Stache | Picture Alliance | Getty Images American tech companies should “worry a little bit”…
Luxury brands from Harry Winston to Loewe are going all in on Lunar New Year collections in a bid to attract Chinese customers. Ahead of the Year of the Horse, which starts on Tuesday, Harry Winston unveiled a limited-edition, $81,500 rose gold watch with diamond bezels and a red lacquer horse. High-end fashion brand Chloé…
An aerial view of Singapore’s skyline. Tong Thi Viet Phuong | Moment | Getty Images Asia-Pacific markets traded mostly lower Friday, tracking Wall Street declines, as fears over artificial intelligence disruption drove the S&P 500 to a third straight day of losses. Certain pockets of the U.S. stock market have been hit this year by…
A robotic machine manufactures a semiconductor chip at a stall to show investors during The Advantage Assam 2.0 Investment Summit in Guwahati, India, on Feb. 25, 2025. Nurphoto | Nurphoto | Getty Images Shares of Chinese chip designer Montage Technology surged around 60% in its Hong Kong trading debut on Monday following an initial share…
