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Scott Bessent says the World Bank and IMF need a total overhaul: ‘Mission creep has knocked these institutions off course’
Economy
Scott Bessent says the World Bank and IMF need a total overhaul: ‘Mission creep has knocked these institutions off course’
By Alena BotrosApril 23, 2025
U.S. President Donald Trump and White House Senior Advisor, Tesla and SpaceX CEO Elon Musk sit in a Model S on the South Lawn of the White House on March 11, 2025 in Washington, DC.
Tech
Elon Musk says Tesla will have ‘thousands’ of Optimus robots by year’s end, but China slapping controls on rare earths is hobbling production
By Greg McKennaApril 23, 2025
Scott Bessent says China must move away from export overcapacity and American overreliance: ‘Everyone knows it needs to change’
Finance
Scott Bessent says China must move away from export overcapacity and American overreliance: ‘Everyone knows it needs to change’
By Alena BotrosApril 23, 2025
Markets open sharply higher after Trump softens on China and says he has ‘no intention to fire’ Fed Chair Jerome Powell
Finance
Markets open sharply higher after Trump softens on China and says he has ‘no intention to fire’ Fed Chair Jerome Powell
By Chris MorrisApril 23, 2025
Trump floats cutting China tariffs ‘substantially’ in trade deal
Politics
Trump floats cutting China tariffs ‘substantially’ in trade deal
By BloombergApril 22, 2025
Rich man on phone.
Success
Wealthy Americans are pouring money into Swiss bank accounts and buying gold to weather the recession
By Emma BurleighApril 22, 2025
U.S. President Donald Trump departs after signing executive orders imposing tariffs on imported goods during a "Make America Wealthy Again" trade announcement event
Politics
Trump had a ‘test case’ for trade negotiations with Japan. The failure to reach a deal now has analysts wondering if any will be signed
By Eleanor PringleApril 22, 2025
Xi Jinping’s jaunt through Southeast Asia is ‘a reassurance and a warning’ to trading partners as the region is caught between the U.S. and China
Politics
Xi Jinping’s jaunt through Southeast Asia is ‘a reassurance and a warning’ to trading partners as the region is caught between the U.S. and China
By Lionel LimApril 22, 2025
Jensen Huang speaks on stage
Tech
Nvidia investors balk at beaten-down valuation as risks mount
By Ryan Vlastelica, Carmen Reinicke and BloombergApril 21, 2025
China warns nations not to cut U.S. trade deals at its expense
Politics
China warns nations not to cut U.S. trade deals at its expense
By Josh Xiao and BloombergApril 21, 2025
Geopolitics helps drive Middle Eastern money to Asia as wealthy Gulf investors hedge their bets
Finance
Geopolitics helps drive Middle Eastern money to Asia as wealthy Gulf investors hedge their bets
By Nicholas GordonApril 20, 2025
robot running race
Tech
China’s first robot marathon runners trip, emit smoke, fall apart
By BloombergApril 19, 2025
China's Ministry Of Finance building
Finance
China accelerates budget spending to counter tariff woes
By BloombergApril 19, 2025
President Donald Trump takes his mask off
Politics
White House doubles down on its lab leak theory, annihilating the original COVID-19 information website and replacing it with its own claims
By Sydney LakeApril 19, 2025
George Glass, America's ambassador to Japan, welcomes representatives from Tokyo
Politics
America’s new ambassador to Japan says he’s optimistic they can reach a deal over tariffs so both countries can ‘push back against a country like China’
By Mari Yamaguchi and The Associated PressApril 18, 2025
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Big Tech
Zuckerberg told Meta directors he might leave California, where he could lose billions to a wealth tax. Meta answered with a new class of stockplaceholder alt text
By Amanda GerutOctober 21, 2026
AI
Mark Zuckerberg says over 10 million people used Meta’s Muse—and demand was so high, he had to get Stripe to raise credit limitsplaceholder alt text
By Mia OsmonbekovOctober 22, 2026
Real Estate
Jeff Bezos reportedly added a $69.5 million beach house to his $237 million Miami compound. A broker says that’s how billionaires live nowplaceholder alt text
By Sydney LakeOctober 22, 2026
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