China is the world’s second-largest economy and second-largest importer of U.S. goods. Entities in China hold at least $784 billion in U.S. federal debt. The country also controls much of the world’s rare element supply, which is vital for manufacturing technology. China could weaponize these assets if an all-out trade war breaks out, to the…
Jeff Bezos, founder and executive chairman of Amazon, takes the stage during The New York Times’ annual DealBook Summit, at Jazz at Lincoln Center in New York City on Dec. 4, 2024. Michael M. Santiago | Getty Images Amazon founder Jeff Bezos plans to sell up to 25 million shares in the company over the…
Join us for the ultimate, exclusive, in-person, interactive event with Melissa Lee and the traders for “Fast Money” Live at the Nasdaq MarketSite in Times Square on Thursday, June 5. Global investors are undergoing a structural rethink of their exposure to U.S. markets, according to economic expert Rebecca Patterson. Patterson, who served as Bridgewater’s chief…
Although one quarter isn’t enough to squash all concerns, the good results were a step in the right direction.
American Airlines seat for its new Flagship Suite seats TKTK American Airlines‘ new suites with sliding doors are set to start flying on some of its planes in June, a key part of its strategy to compete against more profitable rivals for high-spending customers. American first unveiled the new design in September 2022 and expected…
Chevron will slow the pace of its share buybacks, as falling crude prices hit the oil major’s first-quarter profit. U.S. crude oil prices have dropped about 18% this year as President Donald Trump’s tariffs are expected to weigh on demand at the same time OPEC+ plans to pump more supply into the market. The oil major…
Richvintage | E+ | Getty Images If you’re an older investor and eager to save more for retirement, there’s a big 401(k) change for 2025 that could help boost your portfolio, experts say. Americans expect they will need $1.26 million to retire comfortably, and more than half expect to outlive their savings, according to a…
U.S. Vice President JD Vance waves as he boards Air Force Two on May 1, 2025 in Charleston, South Carolina. Pool | Getty Images News | Getty Images U.S. Vice President JD Vance has warned Russia’s full-scale invasion of Ukraine is not likely to come to an end “any time soon.” Speaking during an interview…
The Shell gas station logo is displayed on February 13, 2025 in Austin, Texas. Brandon Bell | Getty Images News | Getty Images British oil giant Shell on Friday reported stronger-than-expected first-quarter profit and kept the pace of its share buyback program, even as earnings fell by more than a quarter compared to the same…
Nvidia’s CEO Jensen Huang delivers his keystone speech ahead of Computex 2024 in Taipei on June 2, 2024. Sam Yeh | AFP | Getty Images Nvidia CEO Jensen Huang has made tens of billions of dollars in recent years from his stake in the chipmaker, but he’s getting his first salary increase in a decade….
