GUANGZHOU, CHINA – JULY 14: The exterior of an Agricultural Bank of China (ABC) branch building is seen on July 14, 2026, in Guangzhou, Guangdong Province, China. Cheng Xin | Getty Images News | Getty Images China’s finance ministry is leading a smaller-than-expected $54 billion capital injection into state-owned banks and insurers, as Beijing seeks…
Data centers are gobbling up land, driving up electric bills, and becoming a lightning rod for public discontent over big tech’s power in society. Maine’s legislature recently passed a data center ban in the state (but failed to override the governor’s veto). According to the National Conference of State Legislatures, 14 states spanning the political…
Fears of a corporate exodus from New York City are likely to be a recurring feature of New York City Mayor Zohran Mamdani’s term, with each business real estate decision magnified as a potential tipping point signal that the Democratic Socialist’s tax, real estate and wealth policies are pushing businesses away. The debate was amplified…
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…
