Blinken Heads to China Amid Low Expectations
state department —
U.S. Secretary of State Antony Blinken is heading to Beijing for talks with senior Chinese officials on issues including Russia’s war in Ukraine, trade, and…
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Annuity sales hit record last year, eclipsing sales during 2008 financial crisis amid fear, higher rates
Tim Bieber | Photodisc | Getty ImagesAmid stock market gyrations, recession fears and loftier payouts, consumers pumped a record sum of money last year into annuities, a type of…
Amazon told lawmakers it wouldn’t build storm shelters in warehouses after fatal collapse
Amazon said it won't build storm shelters in its warehouses after a tornado ripped through one of its Illinois facilities more than a year ago, killing six workers."Amazon requires…
Apple and Google should boot TikTok from their app stores, Democratic senator urges
Senator Michael Bennet (D-CO) speaks on a mobile phone after a vote the day after the shooting at Robb Elementary School in Uvalde, Texas, on Capitol Hill in Washington, May 25,…
Charlie Munger says the U.S. should follow in China’s footsteps and ban cryptocurrencies
Charlie Munger at the Berkshire Hathaway press conference, April 30, 2022.CNBCBerkshire Hathaway Vice Chairman Charlie Munger urged the U.S. government to ban cryptocurrencies like…
Biden’s IRA has left Europe blind-sided. And playing catchup could lead to 2 big mistakes
US President Joe Biden, front, and Ursula von der Leyen, president of the European Commission.Bloomberg | Bloomberg | Getty ImagesThe European Union is working against the clock to…
2022 was the ‘real year of the Great Resignation,’ says economist
andresr | E+ | Getty ImagesMore than 50 million workers quit their jobs in 2022, according to federal data, breaking a record set the year prior and demonstrating the resilience of…
IMF hikes global growth forecast as inflation cools and household spending surprises
The IMF has revised its global economic outlook upwards.Norberto Duarte | Afp | Getty ImagesThe International Monetary Fund on Monday revised upward its global growth projections…
TikTok CEO to testify before House panel about app’s security and ties to China
Shou Zi Chew, chief executive officer of TikTok Inc., speaks during the Bloomberg New Economy Forum in Singapore, on Wednesday, Nov. 16, 2022. The New Economy Forum is being…
U.S. unemployment system still plagued by delays 3 years after pandemic-era downturn
People wait in line to attend a job fair at SoFi Stadium on Sept. 9, 2021, in Inglewood, California.Patrick T. Fallon | Afp | Getty ImagesThese days the U.S. unemployment system is…