Economy

Britain's financial watchdog on Monday proposed toughening up safeguards against the illegal marketing of financial products on social media by applying a stringent "consumer duty" that is being rolled out to banks, funds and insurers on…
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China's economic growth missed forecasts in the second quarter of the year, adding to worries over surging youth unemployment and a weak property sector and raising the likelihood the government will double down on support for the faltering…
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Redoubling support for war-stricken Ukraine is the "single best" way to aid the global economy, U.S. Treasury Secretary Janet Yellen said Sunday, along with boosting emerging economies and tackling debt distress.Yellen also said on the…
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Elon Musk says Twitter is still losing cash because advertising has dropped by half. In a reply to a tweet offering business advice, Musk tweeted Saturday, "We're still negative cash flow, due to (about a) 50% drop in advertising revenue…
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On a recent cross-border shopping trip, four friends from Fray Bentos, Uruguay, visited the nearby Argentine city of Gualeguaychú, where they could afford to live lavishly and snap up eye-popping bargains. Thanks to a huge disparity in…
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U.S. lawmakers Thursday charged the Chinese Communist Party is using coercive economic practices to achieve worldwide dominance over the United States. The accusations came at a hearing of the House Select Committee on Strategic…
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The chief executives of Intel Corp and Qualcomm Inc are planning to visit Washington next week to discuss China policy, according to two sources familiar with the matter. The executives plan to hold meetings with U.S. officials to talk…
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The Biden administration and Republican lawmakers remain at odds about several China-related provisions in the National Defense Authorization Act (NDAA) for fiscal year 2024 that passed the House of Representatives on Friday in a…
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Striking screen actors will begin picketing alongside writers in New York and Los Angeles on Friday in what has become the biggest Hollywood labor fight in decades. The double-barreled strike will shut down the small number of productions…
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Some homeowners looking to switch out their heating and cooling systems are turning to home geothermal — also known as ground source — heat pumps. It's a technology that relies on a simple physical fact: Dig several feet below Earth's…
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