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Traffic is down, but improving. “Much of our work is just beginning,” said Brian Niccol, the chief executive.

A typhoon and extreme heat dramatically affected prices for the kumquat trees that are ubiquitous during the holiday.

Kenichiro Yoshida, who has led Sony since 2018, will be succeeded as C.E.O. by the company’s chief financial officer.

Tesla’s upcoming fourth quarter earnings report, slated for release on Wednesday after the bell, comes at a time where investors are looking for a new catalyst to jumpstart the stock.

Economists polled by Reuters expect Australia's inflation to rise 2.5% in the 12 months to the December quarter, from 2.8% in the previous year.

Taiwan, South Korean and Chinese markets are closed for holidays.

Aduril founder Palmer Luckey does not buy some of the claims about Chinese firm DeepSeek's new artificial intelligence model and slammed U.S. media for "mindlessly reporting" them.

The Federal Reserve is poised to make its first decision on interest rates in 2025.

The chancellor says expanding Heathrow would boost growth, but there is a lot of vocal opposition.

The company said the unlocking function, part of a pilot program in New York City, will be expanded this year.

The chancellor is expected to make the announcement as part of a speech about growth on Wednesday.

(Bloomberg) -- Government officials from across the US said states were locked out of the Medicaid payments system after President Donald Trump’s administration ordered a freeze to federal funds.Most Read from BloombergTrump's Federal Funding Pause Threatens State Financials Texas HOA Charged With Discrimination for Banning Section 8 RentersBudapest Mayor Aims to Block Orban’s Plans to Build ‘Mini Dubai’Vienna Embraces Heat Pumps to Ditch Russian GasNewsom Enlists Magic Johnson, Guggenheim CEO f

Robinhood's CEO says the company sees an opportunity to "fix this major problem" hindering the everyday use and tokenization of cryptocurrencies.

A blunt-speaking, Bronx-born labor leader, he successfully pushed to legalize undocumented union members but fought a losing battle against globalization.

President Trump’s press secretary invited social media influencers and content creators to sit with the traditional press corps.

If virtually every indication so far is accurate, the new leader of the free world is unlikely to get what he wants, at least not yet.

Investors also assessed a return to a tougher tone on tariffs from President Donald Trump, ahead of the start of a Federal Reserve meeting

DeepSeek’s A.I. models show that China is making rapid gains in the field, despite American efforts to hinder it.

Ms. Hardy, now the executive editor of The Dallas Morning News, will lead the business and newsroom sides of nonprofit news organization.

Cohen said the AI boom could see ups and downs and the lack of accurate information could exacerbate volatility around AI-related investments.

China wants to be the dominant player in AI by 2030 and the country is plowing enormous amounts of money into the AI infrastructure to compete with the US.

Investors also assessed a return to a tougher tone on tariffs from President Donald Trump, ahead of the start of a Federal Reserve meeting

New mixed messages this week about President Donald Trump's implementation of tariffs are flummoxing markets and businesses hoping for clarity on the 2.0 version of Trump's trade policy.

DeepSeek's rise could challenge the sustainability of Big Tech earnings growth, a key pillar of the bull market rally.

Nvidia stock surged as the AI chipmaker began to recover from a massive decline the prior day that shaved nearly $600 billion off its market cap.

A travel expert speaks on National Plan for Vacation Day about happenings at Disney parks this year and the importance of Americans using their time off.

Trump's National Economic Council director makes the case for an economic "golden age" ahead, bringing significant change to America's supply side.

Low-income families are being priced out of being able to afford to eat healthily, a charity warns.

President Donald Trump and OpenAI chief Sam Altman weighed in on the buzz surrounding DeepSeek, a Chinese artificial intelligence startup that rocked the U.S. tech sector on Monday.

Investors also assessed a return to a tougher tone on tariffs from President Donald Trump, ahead of the start of a Federal Reserve meeting

China's AI success has come from policy and Chancellor Rachel Reeves's recent visit to China highlights the importance of a close relationship.

Visa will enable X users to move funds between traditional bank accounts and their digital wallet and make instant peer-to-peer payments, like Zelle or Venmo.

Across more than three dozen charts, top Wall Street experts explain how the stock market's outstanding two-year run is reaching a turning point as a new president enters the Oval Office and interest rates are expected to remain higher than the pre-pandemic normal.

Boeing reported its second biggest annual loss ever after a tough year following a mid-air accident and worker strikes.

Coffee shops, trains and leisure centres have been accused of excluding people by no longer accepting cash.

Target is not welcome at the Twin Cities Pride Festival this year despite being a longtime sponsor, organizers say, because the company recently ended some of its DEI programs.

Tuscany's bailed-out Monte dei Paschi had unexpectedly launched a 13-billion-euro all-share takeover proposal for Mediobanca.

Investors also assessed a return to a tougher tone on tariffs from President Donald Trump, ahead of the start of a Federal Reserve meeting

The chipmaker plunged 17% on Monday.

(Reuters) -Boeing said on Tuesday it was making progress on increasing plane production, and its shares jumped nearly 8%, despite the company recording its biggest annual loss in four years. The $11.8-billion loss, due to problems at its major units, along with fallout from a crippling strike that shuttered production of most of its jets, demonstrates the challenges facing CEO Kelly Ortberg in turning around the U.S. planemaker. Boeing has ceded ground to rival Airbus in the delivery race and entered the crosshairs of regulators and customers following a series of missteps.

General Motors, the largest producer of cars in Mexico, won’t provide details on how it would react if President Trump imposes 25 percent tariffs from the two countries.

Chinese AI startup DeepSeek's release of new AI models spurred a selloff in U.S. tech stocks, but some investors think the competitive concerns may be overblown.

Investors around the world are reassessing the prospects for technology companies after a Chinese artificial intelligence start-up rocked markets in the United States on Monday.

Back in October, the bank unveiled plans for a new geographic setup and set out to consolidate its operations into four business units.

A brief standoff with Colombia holds important lessons for how future trade conflicts might unfold in the new Trump administration.

NEW YORK/BENGALURU/LONDON (Reuters) -Technology shares on Tuesday regained some ground lost and AI chip leader Nvidia rose more than 6% after the previous day's record-breaking wipeout sparked by a low-cost Chinese artificial intelligence model that threatens the dominance of U.S. rivals. On Monday, Nvidia lost about 17% or close to $593 billion in market value - a record one-day loss for any company, while shares of companies in semiconductor, power and infrastructure companies exposed to AI collectively shed more than $1 trillion. Monday's selloff was prompted by the release of a free AI assistant launched by China's DeepSeek last week that the startup said uses less data at a fraction of the cost of incumbent services.

(Bloomberg) -- President Donald Trump said he wants to impose across-the-board tariffs that are “much bigger” than 2.5%, the latest in a string of signals that he’s preparing widespread levies to reshape US supply chains.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersBudapest Mayor Aims to Block Orban’s Plans to Build ‘Mini Dubai’Vienna Embraces Heat Pumps to Ditch Russian GasBillionaire Developer Caruso Slams LA Leadership Over WildfiresFire-Ravaged L

A new A.I. model, released by a scrappy Chinese upstart, has rocked Silicon Valley and upended several fundamental assumptions about A.I. progress.

Faced with a solid economy and mounting inflation concerns, the U.S. central bank has said it will “move cautiously” on cutting interest rates.

Restrictions on surplus cash in pension schemes could be eased to get more money into the economy.

China’s AI startup DeepSeek triggered a tech sell-off today as investors panicked over fears of a cheaper open-source model.

If the most sought-after AI chips aren't as vital as previously thought, an entire ecosystem built around massive AI investment could be in jeopardy.

The firm says increases were necessary to fund infrastructure aimed at coping with climate change.

The company says it will now start the planning process for flights from its fulfilment centre.

Shell companies were used to charter the sanctioned oligarch’s yachts to himself, evading VAT, BBC reveals.

DeepSeek's claim that its model was made at a fraction of the cost of its rivals has rocked the AI industry.

The app spooked the markets as well as the bullish sense of American superiority in AI development.