A Meituan food delivery courier rides an electric scooter in Chongqing, China, on March 29, 2025. Cheng Xin | Getty Images News | Getty Images In China’s fiercely competitive market, the latest price war is playing out in the growing “instant commerce” sector, where companies are launching massive subsidies and other incentives to get consumers…
An electric car at a charging station in the Norwegian capital of Oslo on Sept. 25, 2024. Jonathan Nackstrand | Afp | Getty Images OSLO, Norway — Tesla continues to find solace in Norway, defying a sustained European slump amid a backlash over CEO Elon Musk’s incendiary political rhetoric. The U.S. electric vehicle maker recorded…
Construction work around the Federal Reserve building on Sept. 17, 2024 in Washington, DC, U.S. Anna Moneymaker | Getty Images News | Getty Images Homo economicus, or the “economic man,” is an idea that depicts humans as rational beings. This assumption has been used to construct models of the economy and, more broadly, society. The…
London. Dukas | Universal Images Group | Getty Images The U.K. economy shrank again in May, data showed Friday. The latest monthly growth figures from the Office for National Statistics showed U.K. gross domestic product (GDP) contracted 0.1% month-on-month in May. Analysts polled by Reuters had expected a 0.1% expansion. The latest data follows a…
Construction on the Marriner S. Eccles Federal Reserve building in Washington, DC, US, on Wednesday, June 25, 2025. Al Drago | Bloomberg | Getty Images Homo economicus, or the “economic man,” is an idea that depicts humans as rational beings. This assumption has been used to construct models of the economy and, more broadly, society….
Tough talk on tariffs, reports of border detentions and unfavorable exchange rates are putting some travelers, especially Canadians, off trips to the United States this year. But those in Asia say they’re avoiding trips to the U.S. for different reasons. Nearly 80% of Southeast Asian travelers said the United States is losing appeal as a…
U.S. President Donald Trump and Canada’s Prime Minister Mark Carney talk during a family photo at the G7 Summit in Kananaskis, Alberta, Canada, June 16, 2025. Amber Bracken | Reuters U.S. President Donald Trump on Thursday announced a 35% tariff on Canadian imports, starting Aug. 1, citing that Ottawa had retaliated with tariffs against Washington….
Here are your opening calls from Singapore Aerial View of the City Illuminated at Sunset Deejpilot | E+ | Getty Images Good morning from Singapore! The weather forecast is a bit bleak, but Asia-Pacific markets appear set for a bright open. Futures for Japan’s benchmark Nikkei 225 in Chicago were at 39,795, while their counterpart in…
Traders work on the floor of the New York Stock Exchange (NYSE) on July 07, 2025, in New York City. Spencer Platt | Getty Images News | Getty Images U.S. equity futures were little changed Thursday evening after investors continued piling into risk assets, sending the S&P 500 and Nasdaq Composite to new closing records….
Mahmoud Khalil speaks in an interview with Reuters in New York City, U.S., July 2, 2025. Angelina Katsanis | Reuters On a recent afternoon, Mahmoud Khalil sat in his Manhattan apartment, cradling his 10-week-old son as he thought back to the pre-dawn hours spent pacing a frigid immigration jail in Louisiana, awaiting news of the…
