China's announcement of draft rules aimed at curbing spending in online games and restricting incentives that encourage prolonged online engagement resulted in an $80 billion market selloff.
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'The Color Purple' Sets a New Box Office Record as the Second-Highest Christmas Debut of All Time
Warner Bros. Discovery's latest film, "The Color Purple," has outperformed expectations after earning the second-highest Christmas Day opening of all time.
Israel Gives Intel $3.2 Billion Grant for New $25 Billion Chip Plant, Biggest Ever Foreign Investment in Country
The Israeli government has approved to give Intel a $3.2 billion grant for its upcoming $25 billion chip plant in southern Israel.
Joe Biden Criticizes Media for Negative Coverage of US Economy
President Joe Biden has expressed frustration over the media's portrayal of the US economy. President Joe Biden has expressed frustration over the media's portrayal of the US economy, as he faces mounting backlash from voters over his handling of inflation and a decline in his approval ratings.
Russia Lacks Nearly 5 Million Workers This Year as Ukraine War Drains Its Labor Force: Report
Russia is reportedly grappling with a significant shortage of workers, with a deficit of around 4.8 million employees this year.
Latest News
The United States hits a "significant milestone" in the fight to bring down inflation, and President Joe Biden acknowledged this positive development in a statement.
President Joe Biden has signed an executive order providing the US Treasury Department the authority to sanction financial institutions facilitating Russia's efforts to strengthen its military capabilities.
Mexico has become the 12th largest economy in the world after it moved up two positions from last year, according to the GDP projections of the International Monetary Fund (IMF) for 2023.
China and Russia have vowed ever closer economic ties despite disapproval from the West that promised to support Ukraine in its war with Russia.
The United Kingdom (UK) and Switzerland have inked a landmark post-Brexit financial services deal on Thursday.
Cryptocurrency exchange Coinbase has successfully secured registration with France's financial markets regulator, paving the way for the US-based company to offer crypto services in the French market.
The Internal Revenue Service (IRS) has launched a "voluntary disclosure program" for businesses that improperly claimed a pandemic-era tax credit and want to return the money.
Sportswear giant Nike has unveiled plans to slash costs by approximately $2 billion over the next three years.
President Joe Biden has flaunted his investments in Black- and Latino-owned small businesses as new data reveals that he is losing the Latino vote ahead of the 2024 presidential election.
