Trio win Nobel economics prize for work on innovation, growth and ‘creative destruction’
Prize showcases work on factors that underpin economic growth; Winners are professors at U.S., French and British universities
Oil edges up as US, China tamp down trade tension
Brent crude futures rise 22 cents, or 0.4%, to $63.54, US WTI crude up by 22 cents, or 0.4% to $59.71 a barrel
After record crypto crash, a rush to hedge against another freefall
Investors shifting flows to bitcoin from altcoins, analysts say
US, China to roll out tit-for-tat port fees, threatening more turmoil at sea
China imposes special charges on U.S. vessels, exempts Chinese-built ship; Trade spat revived as Trump announces new 100% tariffs on Chinese goods
Asian markets struggle for gains as Wall Street recovers
Treasury Secretary Bessent says Trump-Xi meeting still on track
IMF’s Georgieva says countries lack regulatory, ethical foundation for AI
Kristalina Georgieva warns that developing nations risk being left behind in the global AI race as advanced economies, led by the U.S. and China, dominate technological progress
OpenAI partners with Broadcom to develop custom AI processors
SAN FRANCISCO — OpenAI announced on Monday a partnership with chipmaker Broadcom to design and build specialized computer processors for artificial intelligence...
US-China trade tensions certain to dominate IMF, World Bank annual meetings
Finance ministers, central bankers from more than 190 countries coming to Washington; G7 to discuss sanctions on Russia, Ukraine aid options
Beijing blames US for raising trade tensions, defends rare earth curbs
China says Trump's complaints about rare earth export curbs reveal 'double standards'
Oil rebounds 1% after sharp losses on US-China tensions
Brent crude futures rise 87 cents, or 1.39%, to $63.60; US WTI crude climbs 87 cents, or 1.48% to $59.77 a barrel
Asia shares off to shaky start, but Wall Street futures bounce
Nikkei futures signal losses as Wall Street rises; gold hits record high, Treasuries slip, and global markets eye progress in US-China talks amid key meetings in Egypt and Washington
Dollar steadies as markets focus on US-China trade tensions, politics
Trump's Truth Social message reassures traders; Crypto markets unsteady after weekend volatility; Gold at fresh record highs
China to impose port fees on US-linked vessels as trade tensions escalate
New tariffs target US-owned, operated, or flagged ships, escalating the ongoing trade dispute
Major US online retailers remove listings for millions of prohibited Chinese electronics
US Federal Communications Commission removes devices, including cameras and smartwatches from Huawei, Hikvision, ZTE, and Dahua, citing barred equipment list
Trump threatens China with export controls on Boeing parts
Financial effect of a ban would likely be relatively small for Boeing, which is in talks to sell 500 jets to China