Amazon logo on brick office building facade with windows, San Francisco, California, Aug. 29, 2025. Smith Collection | Gado | Archive Photos | Getty Images Amazon is planning to cut as many as 30,000 corporate jobs beginning on Tuesday, as the company works to pare expenses and compensate for overhiring during the peak demand of…
U.S. President Donald Trump looks on next to Russian President Vladimir Putin during a press conference following their meeting to negotiate an end to the war in Ukraine, at Joint Base Elmendorf-Richardson, in Anchorage, Alaska, U.S., August 15, 2025. Kevin Lamarque | Reuters Russia’s testing of an “invincible” nuclear-powered cruise missile with a potentially “unlimited…
Global markets rallied at the start of the week as investors were buoyed by growing optimism that the U.S. and China are nearing an agreement on trade. The pan-European Stoxx 600 added about 0.3% on Monday morning, which followed earlier solid gains across Asian markets, with Japan’s Nikkei 225 breaching the 50,000 mark for the…
In an aerial view, a container ship sits docked at the Port of Oakland on October 10, 2025 in Oakland, California. Justin Sullivan | Getty Images News | Getty Images Shares of several U.S.-listed rare earth miners fell on Monday as U.S. officials said they expect China to delay introducing export controls on critical minerals…
Gold prices were flat in Asia trade on Wednesday as investors held back from placing large bets ahead of the U.S. Federal Reserve’s policy decision, while also keeping a close watch on the developments surrounding the Israel-Iran conflict. Anindito Mukherjee | Bloomberg | Getty Images The narrow lanes of Zaveri Bazaar, one of the oldest…
U.S. President Donald Trump looks on next to people waving Malaysian national flags before he departs on Air Force One from Kuala Lumpur International Airport in Sepang on Oct. 27, 2025. Andrew Caballero-reynolds | Afp | Getty Images U.S. President Donald Trump said Monday that Washington and Beijing were poised to “come away with” a…
European markets set to start the week with Fed, Trump and Xi meeting in mind <
People shop for food at a supermarket in Monterey Park, California on September 9, 2025. Frederic J. Brown | Afp | Getty Images A tamer-than-expected U.S. inflation report for September injected optimism into markets. Traders are now betting that the Federal Reserve will almost certainly cut rates at its October meeting — scheduled for later…
Employees work on the assembly line of new energy vehicles at a factory of Chinese EV startup Leapmotor on April 1, 2024 in Jinhua, Zhejiang Province of China. Shi Kuanbing | VCG | Visual China Group | Getty Images China’s industrial profits soared 21.6% in September from a year ago, the National Bureau of Statistics…
Asia-Pacific markets were set to open higher Monday, after top U.S. and Chinese trade negotiators announced they had reached a framework on several disputed issues, paving the way for U.S. President Donald Trump and Chinese President Xi Jinping to sign off on the terms. U.S. Treasury Secretary Scott Bessent said in an interview with CBS…
