US stocks rose on Thursday, with the Nasdaq (^IXIC) and S&P 500 (^GSPC) eyeing a comeback as investors digested news that the US economy expanded slower than economists had expected in the last three months of the year.
The president's Stargate project was launched just a few days before DeepSeek launched, creating huge ramifications for U.S. artificial intelligence.
On the campaign trail last year, President Donald Trump talked tough about imposing tariffs as high as 60% on Chinese goods and threatened to renew the trade war with China that he launched during his first term.
Global investors who have historically bet on China's economic development are ditching grand narratives of long-term prosperity and instead adopting more modest views that see the market as an opportunity for smaller bets with quicker payoffs.
Tariffs are typically charged as a percentage of the price a buyer pays a foreign seller. In the United States, tariffs are collected by Customs and Border Protection agents at 328 ports of entry across the country.
Wall Street stocks retreated Friday as the market's latest rally lost steam, while the yen pushed higher after the Bank of Japan lifted interest rates.
Markets rose Friday after a record day on Wall Street in response to Donald Trump's tax-cut pledge, while the yen strengthened after a widely expected interest rate hike by the Bank of Japan.
Asian shares advanced Friday after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate. U.S. futures edged lower and oil prices fell after U.S.
Donald Trump’s second term in office is getting off to a good start for China.
It took the weight of the Chinese Politburo to improve the fortunes of the country's stock market in 2024 after several years in the doldrums.
Lawrence Stroll isn't the first Canadian billionaire at 'Team Silverstone'. Two decades ago, Alex Shnaider bought what was then the Jordan team and revealed his plans to Matt Bishop in an initially un