News

Chinese smartphone company Xiaomi is taking on Apple’s iPhone with an advanced chip and cheaper phone.

One Chinese baby products company announced it is officially entering the United States, the world's largest consumer market — regardless of the trade war.

JPMorgan Chase CEO Jamie Dimon said markets and central bankers underappreciate the risks created by record U.S. deficits, tariffs and international tensions.

Klarna said its net loss for the first three months of 2025 totalled $99 million, up 110% from a year ago.

Buy now, pay later plans are set to face regulation in the U.K. after the government laid out proposals to bring the short-term loans under formal rules.

Industrial output grew 6.1% in April, stronger than analysts' expectations for a 5.5% rise, indicating the impact from U.S. tariffs was not particularly pronounced.

Long-term care can cost well over $100,000 but households aren't prepared, experts say.

The staff cuts could result in more than 2,000 fewer jobs at the U.S. central bank.

Gold could resume its rally and head for $5,000, and it might be a good time to take some risk out of bitcoin investing, according to ETF experts.

Alibaba, Tencent and JD.com reported earnings that showed better Chinese consumer spending — and the growing benefits of artificial intelligence in advertising.

Bill Simon, who ran Walmart from 2010 to 2014, suggests the company may be overstating challenges tied to tariffs.

Powell said Thursday that longer-term interest rates are likely to be higher as the economy changes and policy is in flux.