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US President-elect Donald Trump mimics a golf swing onstage while speaking during Turning Point’s annual AmericaFest 2024 in Phoenix, Arizona, on December 22, 2024. (Photo by JOSH EDELSON / AFP) (Photo by JOSH EDELSON/AFP via Getty Images)

Trump tariffs could leave the U.S. as the relative winner among global economies, Ivy League professor says

Chinese President Xi Jinping, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, delivers a speech at a meeting celebrating the 25th anniversary of Macao’s return to the motherland and the inaugural ceremony of the sixth-term government of the Macao Special Administrative Region SAR, at the Macao East Asian Games Dome in Macao, south China, Dec. 20, 2024. (Photo by Xie Huanchi/Xinhua via Getty Images)

China’s Xi Jinping asked ‘What’s so bad about deflation?’ amid economic slowdown, report says

NEW YORK, NEW YORK – NOVEMBER 16: President-elect Donald Trump and Elon Musk look on during the UFC 309 event at Madison Square Garden on November 16, 2024 in New York City. (Photo by Jeff Bottari/Zuffa LLC)

Trump backs immigration visas for skilled workers after MAGA followers turn on Elon Musk over H-1Bs

A De Beer Plc jewelry store in Hong Kong, China, on Saturday, May 18, 2024. Anglo American Plc on May 14 said it will spin off or sell its De Beers business, ending an almost century-long relationship with the industry’s most famous name. Photographer: Lam Yik/Bloomberg via Getty Images

De Beers is sitting on a $2 billion pile of diamonds as demand slumps — ‘It’s been a bad year’

Sundar Pichai, chief executive officer of Alphabet Inc., during an interview for an episode of “The David Rubenstein Show: Peer-to-Peer Conversations” in New York, US, on Friday, Sept. 20, 2024. Pichai said it will take many years to resolve Google’s antitrust battles, downplaying the idea that they pose an immediate threat to the company’s business. Photographer: Jeenah Moon/Bloomberg via Getty Images

Google CEO urges employees to move faster and ‘stay scrappy’ ahead of pivotal year in AI, report says

A mobile-home park in Sarasota.

One of the last affordable options in the housing crisis has seen prices soar faster than new homes, study says

Dollar bills with cracks in them

This is America’s ‘fatal flaw’ as the U.S. bubble gets ready to pop, market expert warns

Pat Gelsinger, chief executive officer of Intel Corp., speaks during the Computex conference in Taipei, Taiwan, on Tuesday, June 4, 2024. Gelsinger took the stage at the Computex show in Taiwan to talk about new products he expects will help turn back the tide of share losses to peers, including AI leader Nvidia Corp. Photographer: Annabelle Chih/Bloomberg via Getty Images

CEOs have never headed for the exits as much as they are this year—here’s why so many are leaving

Steve Ballmer speaks onstage at the Intuit Dome opening night event held at Intuit Dome on August 15, 2024 in Inglewood, California. (Photo by Michael Buckner/Variety via Getty Images)

Billionaire Steve Ballmer has more than 80% of his portfolio in Microsoft stock and advises everyday investors to ‘keep it simple’

TOPSHOT – This photograph taken on 16 August, 2024, during a media tour organised by Ukraine, shows a destroyed Russian tank outside Ukrainian-controlled Russian town of Sudzha, Kursk region, amid the Russian invasion in Ukraine. Kyiv said August 16, 2024, its incursion into Russian territory had advanced, claiming it aimed to force Russia to negotiate on “fair” terms, as Moscow’s troops announced new gains in eastern Ukraine. Two and a half years into Russia’s invasion of Ukraine, Kyiv’s troops on August 6, 2024, launched a major counter-offensive into Russia’s Kursk region, sending more than 120,000 people fleeing. (Photo by Yan DOBRONOSOV / AFP) (Photo by YAN DOBRONOSOV/AFP via Getty Images)

Russia’s war machine is running on fumes as industry warns of bankruptcies and the Kremlin gets old tanks from movie studio

US Federal Reserve Chairman Jerome Powell gestures as he speaks at a press conference after the Monetary Policy Committee meeting in Washington, DC, on December 18, 2024. The US Federal Reserve cut interest rates by a quarter point December 18 and signaled a slower pace of cuts ahead, amid uncertainty about inflation and US President-elect Donald Trump’s economic plans. Policymakers voted 11-to-1 to lower the central bank’s key lending rate to between 4.25 percent and 4.50 percent, the Fed announced in a statement. They also penciled in just two quarter-point rate cuts for next year, and sharply hiked their inflation outlook for 2025. (Photo by ANDREW CABALLERO-REYNOLDS / AFP) (Photo by ANDREW CABALLERO-REYNOLDS/AFP via Getty Images)

There’s now a 40% chance the Fed will pivot back to hiking rates again next year, top economist says

US Speaker of the House Mike Johnson, Republican from Louisiana, speaks to the media during a vote on a revised continuing resolution bill at Capitol Hill in Washington, DC on December 19, 2024. The US House of Representatives on December 19, 2024 overwhelmingly rejected a Republican-led funding bill aimed at averting a government shutdown, with federal agencies due to run out of cash on Friday night and begin closing down at the weekend. (Photo by Allison ROBBERT / AFP) (Photo by ALLISON ROBBERT/AFP via Getty Images)

The spending bill that averted a shutdown shrank from more than 1,500 pages to just 100—here’s what was cut

Australian computer scientist Craig Wright arrives at the High Court in London on February 5, 2024. A court case starting in London will seek to determine whether Wright invented bitcoin, the world’s first and biggest cryptocurrency. Wright says he is Satoshi Nakamoto, the pseudonym of bitcoin’s creator and author of a white paper that introduced the cryptocurrency to the world in 2008. Crypto Open Patent Alliance (COPA), a non-profit organisation set up to keep cryptocurrency technology free from patents, is suing Wright over his claims first made in 2016 — resulting in the trial at London’s High Court set to last six weeks. (Photo by Daniel LEAL / AFP) (Photo by DANIEL LEAL/AFP via Getty Images)

Craig Wright, who falsely claimed to be Bitcoin inventor Satoshi Nakamoto, gets suspended prison sentence for contempt of court

BARCELONA, SPAIN – MAY 30: Isak Andic CEO of Mango attends the 4th Mango Fashion Awards 2012 press conference held at the Hotel Majestic on May 30, 2012 in Barcelona, Spain. (Photo by Robert Marquardt/Getty Images)

Billionaire fashion mogul Isak Andic dies as his Mango chain is expanding rapidly in the U.S.

MOSCOW, RUSSIA – NOVEMBER 4: (RUSSIA OUT) Russian President Vladimir Putin poses with children of Russian officers, who are taking part in the military invasion of Ukraine and to participants of youth and student organizations, at the Red Square on November 4, 2024 in Moscow, Russia. Putin put flowers on the monument to Minin and Pozharsky, marking the National Unity Day. (Photo by Contributor/Getty Images)

Putin is desperately trying to reverse Russia’s population crisis and sees Ukraine as a solution, experts say