A record trade surplus racked up by China is washing up around the world, as export earnings that once ended up in state coffers instead fund massive private purchases of overseas securities and business expansion abroad.

Kath McLay, who was on the insider’s short list to replace John Furner as CEO of Walmart U.S., has opted to leave the company. McLay, 51, was CEO of Walmart...

“America stands more alone than she has in decades,” the Michigan governor said at the Detroit Auto Show.

People with psychotic disorders are developing delusions tied to AI use. While not an official diagnosis yet, AI psychosis is here.

President Donald Trump’s investments in municipal and corporate debt through December included bonds of some companies affected by his administration’s policies.

The 2026 show opens to the public on Saturday, Jan. 17.

Trump has now endorsed the Durbin-Marshall swipe fee bill, pitching it as “competition” and consumer relief. In reality it shifts value from cardholders to retailers—cutting rewards, pushing issuers toward higher fees elsewhere, and shrinking credit availabil…

United Airlines is adding new nonstop routes from LAX for summer 2026, reinforcing its strategy to compete selectively in Los Angeles.

Amazon said its $475M stake in Saks is 'presumptively worthless' and that it may seek 'more drastic remedies' if Saks doesn't 'resolve' its concerns.

It’s a major shift from where rates were a year ago: Last January, the 30-year rate averaged 7.04%

BY THE PRESIDENT OF THE UNITED STATES OF AMERICA A PROCLAMATION 1.  On October 24, 2025, the Secretary of Commerce (Secretary) transmitted to me a report Every child deserves a safe and nurturing home where they can learn, grow, and reach their full potential…

Analysts see investment opportunities in makers of components, defense technology and critical minerals that will be vital to the future of robotics

Never underestimate the power of financial incentives. Even for tech billionaires.

OpenAI is partnering with Cerebras to add 750MW of ultra low-latency AI compute to our platform.

As President Donald J. Trump advances bold action to address the housing challenges facing American families following years of rising costs under Biden,

Bilt is unveiling three new credit cards with interest rates capped at 10%, days after President Donald Trump threatened lenders that failed to do so.

Banks such as Citigroup and Wells Fargo say capping rates would limit credit and hurt economic growth

Peter Thiel and Gavin Newsom are united in opposition to the billionaire tax.

Traders digested a fresh batch of earnings and monitored geopolitical developments.

The U.S. housing market slump dragged into its fourth year in 2025, as sales remained stuck at a 30-year low with rising home prices and elevated mortgage rates keeping many prospective home shoppers shut out of the market. The National Association of Realtor…

Citi's CEO pledged to save billions by cutting jobs. A new memo and statements by the bank's top brass shed light on how that will play out in 2026.

Here's what the market is up to today

Wells Fargo stock slipped on Wednesday after the company’s earnings came in below estimates.

China has reported its trade surplus surged to a record of almost $1.2 trillion last year as exports to other countries made up for slowing shipments to the United States under President Donald Trump. Customs data released on Wednesday showed that China’s glo…

Former Neiman Marcus Group chief ​​Geoffroy van Raemdonck, now CEO, is bringing on a fresh slate of executives — and has a $1.75 billion financing package to work with.