Worries about the cost of artificial intelligence weigh on major indexes
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White House to Pursue Mass Firings if Government Shuts Down
Office of Management and Budget Director Russ Vought says reductions in employee counts will be permanent if no deal is reached.
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China Urges Companies to Not Take Price-Cutting Playbook to U.S.
Chinese regulators have called on companies in recent months to rein in excessive competition and extreme discounting practices.
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Pricey H-1B Visas Are the Least of the Problems. How Trump’s Policies Hit Labor Markets.
It is the administration’s other immigration curbs-deportations, worksite raids and restrictions on legal migration-that pose greater risks to U.S. job growth.
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Get Rich or Get Wiped Out: Bitcoin’s Hottest New Trade
Perpetual futures offer traders extreme leverage to bet on cryptocurrencies.
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Bessent Says U.S. Is in Talks With Argentina for $20 Billion in Aid
It marks another example of President Trump rewarding loyalists and punishing critics in Latin America.
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New-home sales spike to 3-year high as builders pile on discounts to sell homes
Sales of new homes posted an unexpected jump in August as builders ramped up discounts and slashed prices to lure buyers.
U.S. crude oil inventories fell by 607,000 barrels last week along with declines in product stocks , according to data released Wednesday by the U.S. Energy Information Administration.
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China to Stop Seeking Special WTO Treatment in Future Talks
Chinese Premier Li Qiang framed the decision as coming from “a responsible major developing country,” underscoring that Beijing continues to claim the status of a developing nation.
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German Companies Turn Gloomier as Economy Flounders
Confidence fell in September for the first time this year as companies said they were less satisfied with current conditions and saw a deterioration in manufacturing and services.
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Canada Factory Sales Estimated to Have Fallen 1.5% in August
Factory activity in Canada looks to have stalled, with an early estimate of sales showing a pullback in August following a recovery the previous two months.
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Wall Street Is Poaching Bankers in a Red-Hot Job Market
Dealmaking is picking up, and big firms are hunting for more bankers, even as hiring slows in many industries.
The Trump policy changes that Miran cites as justification for lower rates don’t necessarily deliver as promised, or have side effects.
