Author: Leslie Stewart

Shoppers carry Macy’s and Nordstrom bags at Broadway Plaza on Monday, December 16, 2024 in Walnut Creek, California, USA. The Bureau of Economic Analysis is scheduled to release personal spending statistics on December 20th.David Paul Morris | Bloomberg | Getty ImagesThe impact has been muted so far this year, but tariffs are expected to catch up with the prices consumers pay in time for the holiday season.The tariffs that President Donald Trump launched in April on a number of items and individual countries coincide with general inflation hovering between 2.5% and 3% this year.Economists do not expect common measures such…

IE11 is not supported. For the best experience, please visit our site in a different browser.Sean Diddy Combs transferred to New Jersey federal prison00:24New research suggests it’s time to stop changing our clocks03:00Virginia teacher shot and killed by 6-year-old gives emotional testimony02:24Currently playingKing Charles strips Prince Andrew of all royal titles and mansions02:06to the nextHurricane Melissa death toll rises as scale of damage becomes clearer01:32Travel disruptions increase as government shutdown enters 31st day02:16President Trump calls for end of filibuster to break government shutdown impasse02:35Northeastern region hit by heavy rains and deadly flash floods02:50Trader Joe’s tote bags are the latest global…

IE11 is not supported. For the best experience, please visit our site in a different browser.Currently playingPowerful storms hit mid-Atlantic and Northeast00:30to the nextFirst Lady Trump holds Halloween event at White House00:55What Zoran Mamdani told NBC News before Election Day01:37Zoran Mamdani talks about New York City’s ‘single tax’01:05Difference between nuclear weapons and bomb tests01:32What you need to know about Trump’s attack on the alleged drug smuggling vessel02:12Vance defends new US nuclear weapons test00:35Dr. Phil orders media company liquidated00:37American extreme skier summits Everest00:47Prince Andrew officially stripped of royal title00:38Nomu rejects request to temporarily suspend operations on Halloween00:25Mamdani in the Bronx, days…

BUSAN, South Korea – October 30: U.S. President Donald Trump (R) speaks with Chinese President Xi Jinping during bilateral talks at Gimhae Air Force Base in Busan, South Korea, October 30, 2025. Andrew Harnik | Getty Images News President Donald Trump and Chinese President Xi Jinping emerged after a high-stakes meeting touting an agreement on tariffs and export controls that amounted to a visible detente in the contentious trade war between the two superpowers.However, many details about what was accomplished remain unclear, while other key issues in the US-China trade relationship do not seem to have surfaced at all. Meanwhile,…

The European Central Bank left interest rates unchanged at its latest board meeting on Thursday, as expected.The central bank kept its key deposit facility rate unchanged at 2% for the third time in a row, last cutting it in June. The adjustment coincided with eurozone inflation reaching the ECB’s 2% target rate and was part of a rate-cutting cycle that lowered interest rates from last year’s record high of 4%.”Inflation remains close to the medium-term target of 2% and the Governing Council’s assessment of the inflation outlook remains largely unchanged,” the ECB said in a statement on Thursday. “Despite the…

IE11 is not supported. For the best experience, please visit our site in a different browser.to the nextPet monkey gets loose and jumps around the store on Halloween00:47Thieves posing as construction workers steal $3.2 million00:32Body camera footage shows moments after Abigail Zwirner was shot and killed.02:35New images emerge showing Hurricane Melissa’s impact in the Caribbean02:08Former sheriff’s deputy convicted of murdering Sonya Massey02:14Fed cuts interest rates to stimulate economy02:12Shutdown begins, millions will lose safety net programs02:21President Trump calls for first nuclear weapons test in 30 years02:37Erin Jackson, Madison Chock and Evan Bates talk about the 2026 Winter Games05:09Winter sports stars talk…

U.S. President Donald Trump greets Chinese President Xi Jinping prior to bilateral talks at Gimhae Air Force Base in Busan, South Korea, on October 30, 2025. Andrew Harnik | Getty Images News | Getty ImagesChinese President Xi Jinping said Thursday that China and the United States should be “partners and friends” during a meeting with US President Donald Trump on dealing with trade and tariff issues.According to Chinese state media, the meeting ended in about an hour and 40 minutes, and the two leaders shook hands and left the venue without making any public comments. This is the first direct…

IE11 is not supported. For the best experience, please visit our site in a different browser.Currently playingPrecious turtle stolen and found safe in Indiana00:20to the nextDamage assessment underway in Jamaica after hurricane00:56How some organizations compete for aid to Jamaica01:39Bovino faces intense scrutiny over immigration crackdown01:08Robbers pull off $3.2 million heist in New York00:24Air traffic controller misses first paycheck due to shutdown01:14What you need to know about the Fed’s rate cut01:30How this snowboarder trains for the Olympics01:12Zoran Mamdani’s private influencer briefing00:42Drone shows Hurricane Melissa damage across Jamaica00:31Destruction photographed at Jamaica Airport after the hurricane00:40Fed cuts interest rates by 0.25%00:48Nvidia reaches $5…

In Tianjin, China, Chen Jialong, manufacturing manager at Neo Material Technologies’ Magnequench Tianjin factory, opens a barrel of neodymium iron boron magnets that are annealed before being ground into powder.Bloomberg | Bloomberg | Getty ImagesUS President Donald Trump’s efforts to secure rare earth supply deals across Asia will ultimately weaken China’s dominance in global supply chains for critical minerals, but analysts say it will take years to accumulate.Over 10 days, President Trump struck deals with Australia, Malaysia, Cambodia, and most recently Japan to boost supplies of rare earths and other critical minerals essential to making batteries, cars, defense systems, and…

Digital rendering of NEOM’s The Line project in Saudi ArabiaThe Line, NEOMWhen Saudi Arabia first announced plans to reinvent its oil-based economy, mega-infrastructure projects such as future region NEOM and smart city The Line were championed as central to the transformation.However, nearly a decade after the launch of its Vision 2030 transformation strategy, Riyadh’s priorities have changed with the times.Technology and artificial intelligence are currently key priorities for the Kingdom.”We’re re-prioritizing a little bit of the sectors that need it the most, and today that’s technology, artificial intelligence,” Saudi Economy Minister Faisal Alibrahim told CNBC on Wednesday.”We want to move…