Economy

U.S. dollar rebounds after Bessent shuts down report of potential yen intervention

Treasury Secretary Scott Bessent shut down reports that the U.S. may step into the currency market.

Corning's Meta deal and earnings tell us this stock is nowhere near done going up

As strong as Corning's quarterly results were, profit-takers were understandably stepping in.

European chip stocks end lower after ASML earnings; LVMH falls

European stocks finished Wednesday lower as regional investors geared up for earnings season.

Stable genius? How a defective ‘crying horse’ toy went viral in China

Toy becomes a popular symbol of workplace fatigue after manufacturing error gave it a frown instead of a smile

Why is Greenland so rich in natural resources?

Island’s mineral and resource wealth is result of mountain building, rifting and volcanic activity over 4bn years

Amazon tells workers it will cut 16,000 jobs worldwide in second big wave of layoffs

Workers informed after message erroneously said affected employees in US, Canada and Costa Rica had already been told