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US economy

Fed to Signal It Has Stomach to Keep Rates High for Longer

An ancient Chinese proverb that counsels “do nothing, and everything will be done” could sum up the Federal Reserve’s latest...

Judge Fines Trump for Contempt in Hush-Money Case, Threatens Jail Time

A New York judge on Tuesday fined Donald Trump $9,000 and threatened to throw him in jail for repeatedly violating...

Global Economy

Mexico's Military Splurged on Planes, Trains and Horses in 2023

Mexico’s military splurged well beyond its original budget allotment last year — and most of those funds were used for...

Fate of Gaza Cease-Fire Talks Hangs on Two Hard-Liners: Netanyahu and Sinwar

The fate of a deal that would free Israeli hostages and stop the war in Gaza is now in the...

Israel Prepares to Send Delegation to Cairo for Last-Chance Gaza Cease-Fire Talks

Israel is ready to send a delegation to Cairo in the coming days to discuss a halt in fighting in...

AMLO's Plan to Elect Judges Undermines Democracy, Groups Say

Constitutional reforms pitched by Mexico President Andres Manuel Lopez Obrador are a threat to judicial independence, violate international legal standards...

NATO Prepares to Face Russia. . . and Problems of Its Own

ADAZI MILITARY BASE, Latvia, NATO troops from 14 nations amassed last month in a wooded area here to take part...

Mexico Tariffs on Steel, Plastics to Affect 7% of Total Imports

Mexico’s decision to slap tariffs on some goods from countries with which it doesn’t have trade agreements will only affect...

Corporations

Apple's $110 Billion Stock Buyback Plan is Largest in US History

In a move fitting for one of the largest companies in the world, Apple Inc. just announced the biggest US...

Sony, Apollo Make $26 Billion All-Cash Offer for Paramount

Sony Pictures and private-equity firm Apollo Global Management have submitted an all-cash $26 billion offer for Paramount Global, the latest...

Peloton CEO Barry McCarthy to Step Down Amid Fresh Layoffs

Peloton Interactive said that Barry McCarthy is stepping down as chief executive and that the company will reduce its global...

MercadoLibre Weathers Argentina Tumult With Mexico, Brazil Gains

Latin American e-commerce and fintech provider MercadoLibre Inc. saw its profit surge in the first quarter, with strong growth...

TD Bank Probe Tied to Laundering of Illicit Fentanyl Profits

A Justice Department investigation into TD Bank’s internal controls focuses on how Chinese crime groups and drug traffickers used the...

Buffett Rules Out 'Eye-Popping' Returns. But Investors Aren't Listening.

Warren Buffett recently warned that Berkshire Hathaway has “no possibility of eye-popping performance.” That hasn’t cooled the ardor of his...