Business
Nvidia CEO visits Beijing after US bars chip sales to China
Nvidia chief executive officer Jensen Huang arrived in Beijing on Thursday (Apr 17), shortly after the Trump administration barred the…
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Business
Business
Netflix logs record profit in quarter, withholds user data
Netflix reported first-quarter profit that exceeded Wall Street forecasts, boosted by a recent price increase and a strong slate of…
Business
US Fed proposes averaging large bank stress test results to reduce volatility
The US Federal Reserve kicked off a sweeping effort to overhaul its annual stress tests of large banks on Thursday (Apr 17), proposing to…
Business
Congressmen sound alarm over data privacy following 23andMe bankruptcy
Three congressmen from the House Committee on Energy and Commerce are raising concerns over data privacy weeks after the genetic testing…
Business
Europe: Shares clock marginal losses after ECB eases rates as expected
European shares closed slightly lower on Thursday (Apr 17) after the European Central Bank (ECB) eased borrowing rates as expected, while…
Business
US: Stocks mixed as Trump eyes trade deal, rips Powell
Wall Street stocks finished mixed on Thursday (Apr 17) as markets weighed more upbeat comments from US President Donald Trump on trade…
Business
Appeals Court Slams Trump’s Total Lawlessness on Abrego Garcia
But Trump’s position as a shareholder of TMTG presents a clear conflict of interest, considering the amount of power he has to roil the…
Business
Maryland joins big-spending blue states raising taxes to fill budget holes, fund liberal wish lists
Maryland's decision to impose steep tax increases follows the lead of other liberal-leaning blue states that love to spend, and are now…
Business
Yankees Could Pair Aaron Judge With $79 Million Slugger in Near Future
By Aaliyan Mohammed is a Newsweek contributor based in Atlanta, GA. His focus is MLB content. Aaliyan has been with Newsweek since 2024…
Business
Maximize Business Savings: How to Get the Best Interest Rates on Deposits
As a business owner, you’re always looking for ways to grow your revenue, but what about optimizing the money you’ve already earned? While…
Business
Google held a monopoly in online ad tech, U.S. judge finds
In another major legal blow to Google, a federal judge on Thursday ruled that the search giant held an illegal monopoly over some…
Business
US dollar benefits from selling exhaustion, ECB cuts rates
THE US dollar rallied on Thursday (Apr 17) after its recent weakness across peer currencies appeared exhausted for the time being, while…
Business
World economy likely to avoid recession despite tariffs, IMF chief says
The global economy is likely to avoid a recession, despite the hit to growth from US President Donald Trump’s tariff rollout, the head of…
Business
Nickel scam accused’s buying spree extends to S$8 million on semi-detached house, S$2 million on art pieces: witnesses
Ng Yu Zhi spent S$8 million on a semi-detached house and splurged S$2 million on a total of 41 works of art, allegedly using the…
Business
US: S&P 500, Nasdaq open higher; UnitedHealth weighs on Dow
The S&P 500 and the Nasdaq opened higher on Thursday (Apr 17), with focus on US-Japan tariff talks, while a slump in UnitedHealth’s shares…
Business
Economists Face a Legitimacy Crisis
Economists have slowly eroded their reputation as an intellectual class. Is there a solution? Source link
Business
AmEx profit rises on resilient card spending
Provisions for credit losses were US$1.2 billion in the quarter, compared with US$1.3 billion a year earlier American Express reported a 6…
Business
Chinese tea chain Chagee CEO becomes a billionaire after US$411 million US IPO
A 30-year-old Chinese entrepreneur has become an unlikely billionaire with the listing of his sprawling tea shop chain in the US, even as…
Business
ECB cuts rates again to help economy weather erratic US trade policy
The European Central Bank cut interest rates for the seventh time in a year on Thursday (Apr 17), looking to prop up an already struggling…
Business
‘Fallacy’ to say OCBC does not know insurance business: board chairman
It will be a fallacy to say that OCBC does not know the insurance business, given that its insurance arm, Great Eastern Holdings (GEH),…
Business
OCBC Centre is ‘anchor’ for the bank; no plans to sell heritage site: board chairman
OCBC has no plans to sell its properties in Singapore’s central business district – and this includes the OCBC Centre, which has heritage…
Business
Blackstone's Q1 profit beats on robust private equity, credit performance
Blackstone reported a higher-than-expected profit for the first quarter on Thursday (Apr 17), driven by proceeds from asset sales across…
Business
Egypt's Suez Canal revenue fell sharply in 2024 on regional tensions
Egypt’s revenue from the Suez Canal plunged by almost two thirds last year, officials said on Wednesday, attributing the sharp drop to…
Business
Singapore shares settle higher on Thursday; STI extends rally, up 1.6%
The benchmark index’s gains mirror major regional indices, such as the Kospi, which rose 0.9% The Straits Times Index (STI) continued to…