business news
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Economy
European Central Bank to make ‘last easy rate cut’ as tariffs, higher fiscal spending loom
The European Central Bank is expected to cut interest rates for the second time this year at its Thursday meeting,…
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Finance
China to raise defense spending by 7.2% in 2025 to ‘firmly safeguard’ national security
China’s navy showed off its J-15T fighter jet at the 2024 Zhuhai Air Show on Nov. 12, 2024. Nurphoto |…
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Finance
China targets ‘around 5%’ growth in 2025 and lays out stimulus measures as trade worries mount
An aerial view of a new city district in southern China’s Nanning city on Feb. 28, 2025. Nurphoto | Nurphoto…
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Finance
China raises budget deficit target to levels not seen since at least 2010 to shore up growth
Pictured here is a residential complex under construction in Hangzhou, China, on Dec. 16, 2024. Nurphoto | Nurphoto | Getty…
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Finance
Stocks making the biggest moves after hours: AeroVironment, CrowdStrike, Ross Stores and more
Check out the companies making headlines after the bell : Ross Stores — The off-price retailer inched higher by about…
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Finance
CFPB drops lawsuit against JPMorgan Chase, Bank of America and Wells Fargo over Zelle fraud
FILE PHOTO: Office of Management and Budget (OMB) Acting Director Russell Vought testifies before House Budget Committee on 2020 Budget…
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Economy
Executives are willing to pass down higher costs from tariffs to customers, EY-Parthenon economist says
People shop in a supermarket in the Manhattan borough of New York City on Feb. 20, 2025. Charly Triballeau |…
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Finance
Canada, Mexico tariffs create ‘ripple effects’ on consumer prices, economist says
Port Newark Container Terminal on March 3, 2025 in Newark, New Jersey. Kena Betancur/View Press | Getty Images News |…
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Economy
Stagflation fears bubble up as Trump tariffs take effect and the economy slows
Traders work on the floor of the New York Stock Exchange (NYSE) in the Financial District in New York City…
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Finance
Stocks making the biggest moves midday: Best Buy, Walgreens Boots Alliance, Tesla, Okta and more
Check out the companies making headlines in midday trading: Okta — Shares surged 18% after the cloud software firm posted…
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