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Gold rises above $3,100 for first time as U.S. levies boost havens

Gold started the week with a fresh record high, ahead of President Trump’s expected next tariff rollout.

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Fortune

Bloomberg

Xi must stop fentanyl flow before tariff talks, Trump ally says

“I made it clear that President Trump needs to see China take decisive actions to stop the flow of fentanyl precursors," U.S. Senator Steve Daines...

24.03.2025 20

Fortune

Bloomberg

Secret Biden deal allowed Chevron to pay Venezuela millions

A supplement to a November 2022 sanctions waiver allowed Chevron to remain in compliance with US law while paying the Maduro regime taxes and oil...

22.03.2025 10

Fortune

Bloomberg

Tesla’s retail fans buy the stock at a pace never seen before

Tesla fans' current level of enthusiasm is staggeringly high, even by recent historical standards.

22.03.2025 3

Fortune

Bloomberg

Musk tells Tesla employees hang on to stock after 50% plunge

Elon Musk sought to reassure Tesla employees after the carmaker’s shares plunged more than 50% in just three months.

21.03.2025 30

Fortune

Bloomberg

JPMorgan renames DEI program ‘DOI’ following political backlash

JPMorgan Chase is changing the name of its diversity, equity, and inclusion program at a time when DEI has been attacked by President Trump’s...

21.03.2025 8

Fortune

Bloomberg

Tesla workers bemoan lack of bathroom breaks at German plant

Tesla employees in Germany are demanding better working conditions.

21.03.2025 10

Fortune

Bloomberg

Nvidia CEO says he was surprised that publicly held quantum firms exist

Nvidia CEO Jensen Huang didn’t realize there were publicly traded quantum-computing companies.

21.03.2025 10

Fortune

Bloomberg

Elon Musk’s X raises almost $1 billion in new equity funding

Elon Musk’s social network X has raised close to $1 billion in new equity from investors, according to people with knowledge of the matter.

20.03.2025 30

Fortune

Bloomberg

Meta becomes final Magnificent 7 stock to turn negative in 2025

Meta tumbled into negative territory Tuesday, becoming the last of the so-called Magnificent Seven stocks to turn lower this year.

20.03.2025 20

Fortune

Bloomberg

Amtrak CEO departs amid threats of a transit funding pullback 

Amtrak CEO Stephen Gardner is leaving his job as the Trump administration threatens to pull back on funding mass transit and transportation projects.

20.03.2025 7

Fortune

Bloomberg

JPMorgan stock traders score windfall as Trump jolts market

JPMorgan is on track to boost revenue from equities trading by more than 30% this quarter from a year earlier.

19.03.2025 2

Fortune

Bloomberg

Cathie Wood says most memecoins will end up ‘worthless’

Most of the so-called memecoins that are flooding the $2.6 trillion cryptocurrency space will probably end up “worthless,” according to Cathie Wood. 

19.03.2025 10

Fortune

Bloomberg

Trump says Xi will visit Washington in ‘not too distant future’

Trump has ramped up a trade fight with China since returning to office, twice hiking blanket tariffs on imports from the Asian country.

18.03.2025 10

Fortune

Bloomberg

China maps out plan to raise incomes and boost consumption

The latest effort, which covers eight areas, outlines plans to improve childcare and includes a pledge to enforce China’s paid leave system.

17.03.2025 10

Fortune

Bloomberg

China maps out plan to raise incomes and boost consumption

Other measures include stabilizing the stock and real estate markets, and offering incentives to raise the country’s birth rate.

16.03.2025 4

Fortune

Bloomberg

Baidu releases reasoning AI model to take on DeepSeek

The Ernie X1 model by China’s internet search leader works similarly to DeepSeek R1.

16.03.2025 2

Fortune

Bloomberg

China says U.S. owes ‘big thank you’ on fentanyl, urges talks

Officials from China’s Foreign Ministry and the Ministry of Public Security said in a briefing the country has achieved success in controlling the...

13.03.2025 4

Fortune

Bloomberg

Citi downgrades U.S. stocks, raises China as America First fades

Chinese shares look attractive even after their recent rally, Citi strategists wrote, citing DeepSeek’s AI breakthrough and still-cheap valuations.

11.03.2025 10

Fortune

Bloomberg

Morgan Stanley’s Wilson warns S&P 500 to sink 5% on growth risks

U.S. stocks are at risk of slumping another 5%, according to Morgan Stanley’s Michael Wilson.

11.03.2025 10

Fortune

Bloomberg

Tesla shares plummet as Wall Street rethinks sales projections

Tesla shares are on track for their steepest drop since 2020 as Wall Street analysts begin to slash their estimates for vehicle deliveries.

10.03.2025 5

Fortune

Bloomberg

Short-term bond ETFs rake in billions amid recession alarm bells

Investors looking for a safe place to hide are shoveling money into ultra-short bond ETFs as Donald Trump’s economic policies stoke recessionary...

10.03.2025 6

Fortune

Bloomberg

China’s struggles with supply glut threaten to extend deflation

Consumer inflation in the year to date has turned negative through January-February for the first time since 2021.

10.03.2025 10

Fortune

Bloomberg

Tesla is flailing in China and the rapid rise of BYD is to blame

Elon Musk’s automaker has been backsliding in China for the past five consecutive months on a year-on-year basis.

10.03.2025 20

Fortune

Bloomberg

Tesla erases $700 billion ‘Trump bump’ as sales slide globally

“The bet on Tesla’s shares soaring due to Musk’s political involvement has not worked out thus far,” said one analyst.

07.03.2025 3

Fortune

Bloomberg

Goldman gives managers a choice: Dallas, Salt Lake City, or Leave

Goldman Sachs is trying to send more managers to locales outside its main hubs in an initiative dubbed informally by some as “Project Voyage."

07.03.2025 3

Fortune

Bloomberg

Walmart asks Chinese suppliers for major price cuts on Trump tariffs

So far, few have acquiesced. Suppliers’ margins are already razor thin due to Walmart’s strategy of procuring goods cheaply in order to maintain...

06.03.2025 8

Fortune

Bloomberg

Starbucks names new CFO in latest leadership overhaul

Starbucks named Cathy Smith as its new chief financial officer as part of an ongoing leadership shakeup at the coffee chain.

04.03.2025 10

Fortune

Bloomberg

FTX CEO who led ‘model’ bankruptcy is up for $41 million bonus

John J. Ray III, who led FTX’s restructuring and efforts to return billions of dollars to customers after it imploded in 2022, stands to collect...

04.03.2025 3

Fortune

Bloomberg

Singapore probes potential fraud in Nvidia AI chip shipments

Singapore is investigating whether Dell Technologies and Super Micro Computer servers shipped to Malaysia housed Nvidia chips barred from China.

03.03.2025 3

Fortune

Bloomberg

Tencent fires up AI race with model it says outdoes DeepSeek

The Hunyuan Turbo S AI model is designed to respond as instantly as possible, distinguishing itself from the deep reasoning approach of DeepSeek’s...

28.02.2025 10

Fortune

Bloomberg

U.S.-China decoupling fears drive slide in Chinese tech shares

President Donald Trump’s move to further decouple economic ties between the U.S. and China rattled global investors.

25.02.2025 8

Fortune

Bloomberg

Alibaba pledges over $50 billion in new AI and cloud investment as investors send shares to 3-year highs

The firm said its strategy "underscores the company's focus on AI-driven growth".

24.02.2025 2

Fortune

Bloomberg

Trump targets China with biggest salvo so far in second term

Donald Trump rolled out a memo telling a key government committee to curb Chinese spending on tech, energy and other strategic U.S. sectors.

24.02.2025 10

Fortune

Bloomberg

Wegovy, Ozempic shortage declared over, hitting copycats like Hims & Hers

The ruling shows Novo Nordisk’s confidence that the supply of semaglutide will be stable for now.

22.02.2025 10

Fortune

Bloomberg

Alibaba surges as comeback for Jack Ma’s empire takes hold

"This is the kind of opportunity for industry transformation that really only comes about once every several decades," Alibaba's CEO told analysts.

20.02.2025 10

Fortune

Bloomberg

Japan’s economy grew by just 0.1% last year, despite strong exports in the final quarter

Figures for October-December were more upbeat—quarter-on-quarter growth accelerated to 0.7% from 0.4% in the July-September period.

17.02.2025 10

Fortune

Bloomberg

China’s DeepSeek is no longer on South Korea’s app stores due to user data concerns

Korea's data protection agency said DeepSeek "acknowledged that considerations for domestic privacy laws were somewhat lacking."

17.02.2025 10

Fortune

Bloomberg

Xi hosts summit with Jack Ma, Chinese private sector leaders

“This is the strongest signal China could release to boost social confidence."

17.02.2025 10

Fortune

Bloomberg

Alibaba becomes China’s new AI darling with $87 billion rally

China's AI frenzy marks a surprise reversal of fortunes for Alibaba.

13.02.2025 10

Fortune

Bloomberg

China marriages fall to record low as demographic crisis deepens

The tally for last year marks the fewest marriages since public records began in 1986 and is less than half the peak reached in 2013.

10.02.2025 30

Fortune

Bloomberg

Dongfeng jumps on bets consolidation will sweep China car market

Shares of the company surged 86% in early trading as investors speculate the move could kick start a wave of consolidation in China's...

10.02.2025 10

Fortune

Bloomberg

New pain drug, Vertex’s Journavx, gets FDA approval as safer alternative to addictive opioids

Each year, about 125 million opioid prescriptions are written for Americans with pain caused by broken bones, burns, surgeries, and other injuries and...

31.01.2025 20

Fortune

Bloomberg

Starbucks bets on mugs, macchiato art in test of CEO’s vision

Baristas will top macchiatos with a caramel crosshatch pattern made up exactly of seven vertical lines and seven horizontal lines, finished with a...

28.01.2025 10

Fortune

Bloomberg

Japan tech selloff extends as DeepSeek pressures AI Stocks

Shares of semiconductor-related firms like those that supply materials to companies like Nvidia have extended Monday's decline.

28.01.2025 10

Fortune

Bloomberg

Merck’s $8 billion cancer vaccine faces first U.S. jury trial

Jurors will weigh whether Merck withheld side-effect reports from drug regulators and launched misleading marketing campaigns to turn the drug into a...

28.01.2025 10

Fortune

Bloomberg

What is China’s DeepSeek and why is it freaking out the AI world?

DeepSeek has already put global tech stocks on track for $1 trillion wipeout.

27.01.2025 2

Fortune

Bloomberg

China’s economy loses momentum ahead of major new year holiday

Factory activity unexpectedly slowed ahead of the Lunar New Year holiday and the services sector also cooled.

27.01.2025 20

Fortune

Bloomberg

Texas asks Wall Street firms for details about DEI efforts

The letter was sent to Goldman Sachs Group Inc., Morgan Stanley, JPMorgan Chase & Co., Bank of America Corp., Citigroup Inc. and BlackRock Inc.

25.01.2025 20

Fortune

Bloomberg

Chinese tourists avoid far-flung trips over lunar holiday

"We’re not going to see the heyday of Chinese coming in, going into big luxury shops and buying loads of handbags.”

24.01.2025 40

Fortune

Bloomberg