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China’s new plan to get consumers spending again

BEIJING, CHINA – NOVEMBER 6: Women wearing Qing Dynasty-style costumes take photos inside the Forbidden City on November 6, 2025, in Beijing, China. Cheng Xin | Getty Images News As Chinese households remain reluctant to spend on big-ticket goods, Beijing is leaning on a new lever to revive consumption: experiences and everyday services. China’s cabinet […]

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Trump says he will announce a replacement for Powell as Fed chair Friday morning

U.S. President Donald Trump speaks in the Oval Office at the White House on Jan. 29, 2026 in Washington, DC. Samuel Corum | Getty Images President Donald Trump said Thursday that he will be naming his pick Friday for the new Federal Reserve chair. Speaking at the premiere for “Melania,” the film about first lady

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Musk’s $20 billion spending plan signals ‘Tesla of yesterday is gone’

Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023. Gonzalo Fuentes | Reuters At Tesla’s factory in Fremont, California, the automaker plans to make robots instead of its older cars, as it gears up to spend $20 billion this

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Apple (AAPL) earnings report Q1 2026

Apple reported fiscal first-quarter earnings on Thursday that surpassed expectations, with revenue soaring 16% on an annual basis.   Shares of the company were up as much as 3% in extended trading. Here are the results versus what Wall Street was expecting according to LSEG consensus estimates for the quarter ending in December:  EPS: $2.84 vs. $2.67 estimated  Revenue: $143.76 billion vs. $138.48 billion estimated  Here is how

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Senate Ag Committee advances crypto bill to establish CFTC regulatory authority

U.S. Senator John Boozman (R-AR) speaks on the day Brian Quintenz, U.S. President Donald Trump’s nominee to lead the Commodity Futures Trading Commission (CFTC) testifies before a Senate Agriculture, Nutrition and Forestry Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., June 10, 2025. Annabelle Gordon | Reuters The U.S. Senate Agriculture Committee voted

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NHTSA probes Waymo after its AV struck a child near elementary school

A Waymo vehicle exits a charging lot on Jan. 15, 2026 in Austin, Texas. Brandon Bell | Getty Images Alphabet-owned Waymo has informed the National Highway Traffic Safety Administration that one of its driverless vehicles “struck a child near an elementary school” in Santa Monica, California The Jan. 23 incident is now being investigated by

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