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WASHINGTON (Reuters) -- The head of the International Monetary Fund on Monday warned that inflation was already picking up and the global economy could face a "much worse outcome" if the war in the Middle East drags into 2027 and oil prices hit around $125 per barrel.
A steel beam from the World Trade Center’s fallen South Tower was displayed Monday at a Long Island education center, where hundreds of families devastated by 9/11 tearfully flocked to the mobile memorial.
Facing pressure to address the economic fallout of his war in Iran, President Trump on Monday sought to portray his policy wins for small businesses as evidence that he was succeeding in building up the economy.
Hollywood starlet Angelina Jolie has put her legendary Los Angeles estate on the market for $29.9 million — nearly two years after confessing that she wanted to leave the US for good and move abroad.
Landbridge Group’s legal claim over the port could take several years to resolve, analysts said, providing more time for dialogue
Landbridge Group’s legal claim over the port could take several years to resolve, analysts said, providing more time for dialogue
WASHINGTON – U.S. Trade Representative Jamieson Greer told European Union and German trade officials over the weekend that Washington will move forward with U.S. President Donald Trump's plan to raise EU car import tariffs to 25%, according to a statement made Monday on CNBC.
DENVER — Carson Benge’s full toolbox is open for business.
Sir Keir Starmer will host senior business, culture and policing figures in Downing Street on Tuesday as part of coordinated efforts to tackle antisemitism with a "whole of society" approach.
Businessman and media heavyweight Hamish McLennan and his wife, Lucinda, have put their Darling Point mansion on the market with a price guide of $36 million-plus, local sources have revealed.
The head of the International Monetary Fund on Monday warned that inflation was already picking up and the global economy could face a "much worse outcome" if the war in the Middle East drags on into 2027 and oil prices hit around $125 per barrel.
New Jersey: A United Airlines jet came dangerously close to disaster on the weekend when it hit a semitrailer truck and light pole on the New Jersey Turnpike as it came in to land at Newark Liberty International Airport.
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Manufacturers seek stable metal supplies and hedging tools in Hong Kong, but limited warehouse space risks capping growth
Manufacturers seek stable metal supplies and hedging tools in Hong Kong, but limited warehouse space risks capping growth
Palantir Technologies reported a blowout first quarter, saying revenue rose 85% year on year to $1.63 billion as its US business more than doubled, driven by rapid growth across both commercial and government customers.
Palantir Technologies reported a blowout first quarter, saying revenue rose 85% year-on-year to $1.63 billion as its US business more than doubled, driven by rapid growth across both commercial and government customers.
A company sign at Grab's Singapore headquarters. The superapp reported resilient first quarter revenue on Tuesday, helped by strong earnings for core services. © Reuters
Don’t worry darling, Olivia Wilde is back at the Met.
While Beijing has made it clear the nation is open for international investment, certain strategic sectors are bound to attract scrutiny
While Beijing has made it clear the nation is open for international investment, certain strategic sectors are bound to attract scrutiny
CGCC's annual survey was conducted in March 2026, shortly after Israel and the U.S. attacked Iran and news emerged that Trump and Xi would delay their meeting in Beijing. (Nikkei montage)
New York is known to overpower all that came before — i.e. Reggie Jackson in Oakland, Mark Messier in Edmonton, etc. — making it easy to forget that Josh Hart spent parts of seven seasons with three teams (Lakers, Pelicans, Trail Blazers) before the career-altering trade in 2023 that brought him to the Knicks.
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DJI spin-off is providing autopilot systems to six manufacturers, as fuel-saving abilities gain importance amid oil supply shock
DJI spin-off is providing autopilot systems to six manufacturers, as fuel-saving abilities gain importance amid oil supply shock
Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection — a succinct snapshot of what I'm seeing and hearing from local businesses.
BEVERLY HILLS, Calif. – Florida Gov. Ron DeSantis mockingly branded Zohran Mamdani one of his “realtors of the year” – predicting that New York City’s socialist mayor will continue to drive taxpayers out of New York City and down to the Sunshine State.
As the country prepares for America’s 250th birthday celebrations this summer, several major food companies are getting in on the party by releasing limited-edition, patriotic-themed products.
Foreign soccer fans are boycotting the 2026 World Cup in droves, threatening to blunt the economic boost US hotels and host cities were counting on, an industry report warned on Monday.
OAKLAND, Calif. — OpenAI’s president Greg Brockman got grilled by Elon Musk’s lawyer on Monday over embarrassing diary entries from nearly a decade ago in which he fantasized about becoming a billionaire — even as the then-nonprofit charity got millions in donations from Musk.
The Iran war is proving a “domestic liability” for the GOP, note Douglas E. Schoen and Carly Cooperman at The Hill — partly because “for many Americans, the war has not been clearly or consistently explained, leaving voters to judge it primarily through its economic consequences.” Yet its “long-term strategic impact…
Ladida is the latest licensed venue to be targeted by arsonists in Melbourne. (ABC News: Kate Meade)
President Donald Trump’s administration moved Monday to block a lawsuit Minnesota officials filed almost six years ago alleging oil companies and a petroleum trade group deceived state residents about climate change.
China accounts for about a third of global fertiliser production, and 70 per cent of the raw materials for chemical pesticides
China accounts for about a third of global fertiliser production, and 70 per cent of the raw materials for chemical pesticides
Earlier today we joked when, after the third intervention attempt by Japan's MOF/BOJ, the yen promptly sold off again as Japanese officials continued to sink billions of dollars into what has become bottomless monetary pit (ignoring for a second the lunacy of spending dollars to strengthen your currency while at the…
Abu Dhabi’s Mubadala Investment Company will not be defined by a few weeks of disruptions and volatility caused by Iran, Waleed Al Muhairi, deputy group chief executive of Mubadala, said on Monday.
The International Monetary Fund says its earlier projections for the economic impact of the war involving Iran no longer hold, as risks to global growth and prices increase.
Itochu President Keita Ishii speaks with reporters on May 1. (Photo by Keiichi Furukawa)
Ex-JPMorgan banker Chirayu Rana has filed what he claims is new evidence supporting his sex abuse allegations against executive Lorna Hajdini — including one anonymous friend who claimed he was invited for a threesome.
Elon Musk settled the Securities and Exchange Commission’s civil lawsuit accusing the world’s richest person of waiting too long in 2022 to disclose his initial purchases of Twitter, now known as X.
The White House was put on lockdown during a business event attended by President Donald Trump following reports of gunfire nearby, Newsmax and Al Jazeera journalists reported on Monday. The Secret Service announced that an individual had been shot by law enforcement in the neighborhood.
The most resilient of IP-related holidays is upon us, and for the first time in almost a decade, May the 4th (be with you) is coinciding with the release of a new movie: The Mandalorian & Grogu, opening in just a couple of weeks. Naturally, with anticipation building, plenty of fans are firing up their Disney+ accou…
AGC had planned to build a chemical plant in Kitakyushu, its first in the western Japanese city in 24 years. (Photo by Sasazu Toshiki)
Amazon revealed it will begin offering shipping services to companies whether or not they sell goods on its e-tailing site — a bombshell announcement that sent shares of FedEx and UPS tumbling.
U.S. stocks fell from their record heights, while oil prices jumped following escalations in the Middle East that may undermine the ceasefire in the war with Iran.
Secret Service personnel responded to an officer-involved shooting near the White House on Monday, the agency said in a statement.
Paramount Skydance's pre-tax earnings rose in the first quarter, the company said on Monday, as streamlined operations and improved results in its streaming and studios businesses helped offset declines in television.
The system from Konica Minolta and Japan's National Institute of Advanced Industrial Science and Technology can efficiently find microbes that yield up to 20% more of a given substance. (AIST and Konica Minolta)