Billionaire Ray Dalio: ‘I’m worried about something worse than a recession’
Bridgewater founder Ray Dalio said that he is worried about a breakdown of the global monetary order. ...
Pfizer scraps daily weight loss pill after liver injury in one patient
The decision to stop developing danuglipron adds to a string of setbacks in the pharmaceutical giant's bid to win a…
More than 60% of CEOs expect a recession in the next 6 months as tariff turmoil grows, survey says
A rising share of America's top executives sees a recessionary period on the horizon. ...
Goldman Sachs tops estimates on boom in equities trading revenue
Goldman Sachs may prove to be a beneficiary of the recent market environment. ...
Trump’s new director of federal prison system led a troubled state agency
West Virginia's top corrections official led a troubled state agency and will now head a federal bureaucracy plagued with problems…
Supreme Court slows Trump’s mass deportations, but doesn’t stop them
Court's conservatives agree to limit Trump's speedy mass deportations. ...
Trump administration says it will exclude some electronics from ‘reciprocal’ tariffs
The Trump administration says it will exclude electronics like smartphones and laptops from 'reciprocal' tariffs, a move that could help…
The first trade war with China was a boon for Vietnam — what about now?
During Trump's first term, tariffs on China were a big win for Vietnam, especially in cities like Haiphong. Now the…
L.A. was forged by global commerce. Can the metropolis we know survive the Trump trade wars?
Like few other places in the U.S., the economy and culture of Los Angeles have been forged by globalization. Merchants…