12.05.2025 9:01 Britain is spending billions of pounds more on defense, but wants the money to go beyond nuclear submarines to improve local jobs and prosperity. Barrow-in-Furness may be the model.12.05.2025 9:01 Kristin Herman and her partner had been planning a European getaway with stops in Paris and Rome, but with the US economy suddenly wobbling, the couple instead drove to Oregon’s nearby redwood forests and Cannon Beach — even camping some nights to save on hotels.12.05.2025 9:0012.05.2025 9:00 The Swiss National Bank will probably cut its interest rate to zero in June after less than three years in positive territory, according to a Bloomberg survey.12.05.2025 9:00 The European Central Bank will lower borrowing costs more than expected this year to below 2% as inflation is seen undershooting the institution’s target in early 2026, according to economists surveyed by Bloomberg.12.05.2025 8:19 Goldman Sachs Group Inc. lifted its yuan forecast to 7 per dollar over the next 12 months as US-China trade negotiations get underway.12.05.2025 7:32 Wheat futures fell to their lowest since July 2024 as harvests draw closer in the Northern Hemisphere, with rains benefiting crops in some key growers.12.05.2025 6:51 Investors were optimistic after American officials touted progress in trade negotiations over the weekend, though details had yet to be released.12.05.2025 6:47 Chinese stocks wiped out all their losses following US President Donald Trump’s “Liberation Day” announcement of tariffs, amid signs that trade tensions between the world’s two largest economies are thawing.12.05.2025 5:48 European stock futures gained after the US and China both reported “substantial progress” in their talks aimed at de-escalating a trade war.12.05.2025 5:48 Shares of Asian pharmaceutical companies fell after US President Donald Trump said he planned to order a cut in US prescription drug costs to bring them in-line with other countries.12.05.2025 5:47 The president announced an executive order aimed at lowering U.S. drug costs, revisiting an idea that was blocked in court during his first term.12.05.2025 5:08 CVS Caremark decided to stop offering Zepbound in favor of Wegovy for weight loss. It’s the latest example of limits imposed by insurance that disrupt treatments for patients.12.05.2025 3:22 Oil edged higher as traders waited for details on US-China trade talks, after both countries reported “substantial progress” following two days of negotiations aimed at de-escalating a trade war that threatens crude demand.12.05.2025 3:22 US stock futures climbed, as high-stakes trade negotiations between the world’s two largest economies showed the countries are willing to ease their tough trade rhetoric.12.05.2025 3:12 Japanese stocks slowed their winning streak as investors assessed whether trade tensions between the US and China will de-escalate after two days of talks over the weekend.12.05.2025 3:10 US equity-index futures jumped and the dollar rose after China and the US made “substantial progress” on their trade talks, spurring optimism trade tensions will dial down. Gold tumbled 1.3% on easing demand for havens.12.05.2025 0:41 Treasury Secretary Scott Bessent said the details would be announced on Monday after two days of negotiations in Geneva.12.05.2025 0:22 Financial markets will reopen needing to decide if warm words are as good as action after trade talks between the US and China ended with President Donald Trump’s advisers declaring “substantial progress” had been made, yet without providing many details.11.05.2025 23:08 San Francisco-based Chime’s new lease at Bromley Companies’ 122 Fifth Ave., which the fintech giant announced last week, marks the latest growth of its Big Apple footprint. Chime will move to 84,000 square feet from a smaller space at 101 Greenwich St. The company also has space in Midtown. The asking rent at 122 Fifth was...11.05.2025 23:03 OpenAI and Microsoft are rewriting the terms of their multibillion-dollar partnership in a high-stakes negotiation designed to allow the ChatGPT maker to launch a future IPO, while protecting the software giant’s access to cutting-edge AI models, the Financial Times reported on Sunday. A critical issue is how much equity inВ OpenAI’s new for-profit business Microsoft will receive in...11.05.2025 21:48 Dov Charney’s Los Angeles Apparel will launch its first New York store at KPG Funds’ 480 Broadway between Broome and Grand streets. The 24,687 square-foot space, formerly home to TopShop, stands in the heart of Soho’s burgeoning retail scene. All of Los Angeles Apparel’s “ethically driven” products are manufactured in a south-central LA factory. Los Angeles Apparel...11.05.2025 18:56 The warning expands a recall of more than one million Igloo coolers in February, which was prompted by reports of fingertip injuries from the tow handle.11.05.2025 14:00 Companies squeezed by Shein and Temu are welcoming the end of a shipping rule that bolstered the Chinese e-commerce giants. But broader tariff concerns are outweighing any optimism.11.05.2025 14:00 Not content to battle it out in the boardroom, crypto bros, tech executives and start-up founders have embraced an old-fashioned version of masculinity.11.05.2025 11:24 Stocks in India rallied the most in three weeks following a surprise ceasefire agreement between the two nuclear-armed neighbors on Saturday, as investor focus shifts back to improving economic outlook.11.05.2025 6:28 Donald Trump was already playing with economic fire with his tariff plan, something that is all but certain to stoke some degree of inflation, and slow the economy at least in the short term.10.05.2025 19:57 A head-turning new trend is hitting bars across America, and it is likely to have a major impact on the spirits market, according to Bar Rescue host Jon Taffer.10.05.2025 14:00 People over 65 who remarry after a death or divorce can face thorny financial questions — especially when it comes to adult children and inheritances.10.05.2025 9:00 The agreement to lift the 25 percent duty on steel exported to the United States provided some relief for struggling businesses, but uncertainties for the industry remain.10.05.2025 9:00 A movement of manufacturing to Vietnam that began in President Trump’s first term is accelerating as sky-high U.S. tariffs block Chinese exports. 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