Former President Donald Trump, who once claimed that a Joe Biden presidency would lead to a stock market crash, is now dismissing stock market highs as benefiting the "rich."
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Oil Giant BP Pauses All Tanker Transits Through Red Sea Due to Houthi Attack Fears
Oil giant British Petroleum (BP) has temporarily halted all its tanker transits via the Red Sea after attacks on ships by Iranian-backed Houthi militants based in Yemen escalated.
Southwest Airlines Hit With $140 Million Fine for 2022 Holiday Meltdown That Stranded Millions
The US Department of Transportation (DOT) has imposed a $140 million civil penalty against Southwest Airlines for numerous violations of consumer protection laws during the December 2022 holiday meltdown.
Goldman Sachs Says 'The Great Disinflation' Is Under Way, Setting the Stage for 5 Eventual Fed Rate Cuts
The chief economist of Goldman Sachs is anticipating the end of the pandemic-era inflation soon, as the world economy has now entered a period of "The Great Disinflation."
Japan's Nippon Steel to Buy US Steel in a Deal Valued at $14.9 Billion
Japan's Nippon Steel has secured a deal to buy US Steel for $14.9 billion. Japan's Nippon Steel has secured a deal to buy US Steel for $14. 9 billion.
Latest News
The musical extravaganza "Wonka" featuring Timothee Chalamet struck a triumphant high note at the box office, debuting with $39 million in box office sales in the United States and Canadian theaters over the weekend.
Citigroup Inc. is reportedly facing delays in its plans to establish a fully-owned securities business in China.
The US Treasury Department has released the long-awaited guidelines for the Sustainable Aviation Fuel (SAF) tax credits.
Shipping giants Maersk and Hapag-Lloyd have temporarily suspended their container ship travel through the Red Sea and the Bab el-Mandeb Strait in the Middle East, citing security risks.
Chuck E. Cheese, the popular US restaurant chain that came out from bankruptcy three years ago, is reportedly considering a sale amid acquisition interest.
China has reportedly recorded its fastest industrial expansion since February 2022 in November. China has reportedly recorded its fastest industrial expansion since February 2022 in November, which signals a complex recovery in the world's second-largest economy.
Russian President Vladimir Putin has issued a rare apology for Russia's inflation problem, which resulted in the soaring of egg prices this week.
Canadian musician Grimes has partnered with toy company Curio to launch an AI-powered toy named "Grok."
JPMorgan Chase analysts foresee a potential shift in the cryptocurrency market dynamics next year, predicting that ethereum will outperform bitcoin and other cryptocurrencies.
