Stocks rose on Wall Street Wednesday as more U.S. companies turn in their latest quarterly reports and several economic updates shed some light on the U.S. economy. The S&P 500 rose 0.5%. The Dow Jones Industrial Average rose 62 points, or 0.1%, as of 11:35 a.m. Eastern time. The Nasdaq composite rose 0.8%. The gains…
Global job losses in fashion and are climbing in 2025. Shoe firms and fashion retailers — including Nike, Puma, Saks Global and Target, among others — are cutting jobs as part of a larger trend across corporate America and beyond. So far in 2025, the tally has reached a minimum of 17,267 job cuts. Global…
A chart making the rounds on social media has sparked intense debate about the state of the American economy. Since November 2022, when ChatGPT launched, the S&P 500 has surged more than 70% while job openings have plummeted roughly 30%. The juxtaposition has earned the graphic a foreboding nickname: the “scariest chart in the world.”…
KINGSTON, Jamaica — Hurricane Melissa was strengthening rapidly late Saturday, threatening to become a major hurricane and cause catastrophic flooding in the northern Caribbean, including Haiti and Jamaica. Melissa became a hurricane on Saturday, prompting forecasters to issue a hurricane warning for Jamaica, saying it could reach the island as a major storm early next…
new video loaded: In China’s Crowded Hospitals, She Found a New Career transcript Back transcript In China’s Crowded Hospitals, She Found a New Career As China’s population grows older, a new industry of gig workers is stepping in to help older patients navigate a complex, bureaucratic hospital system. We spent time with Jessica Wang, a…
This is Tom Jia. He’s a 28-year-old lifestyle influencer who calls himself a — Tangping, or “lying flat:” It’s a fast-growing lifestyle, rejecting social pressures to overwork and pursue material success. In China, young people face intense pressure to work grueling hours, buy a house and get married. Some are quietly rebelling and choosing to…
This is Ray Hou. She’s a — — at Repair Sisters. Repair Sisters is an all-female home repair company in the city of Chengdu, the first of its kind in China. In China, if you needed something fixed, most likely a man would show up at your door. Ray and her colleagues are changing that….
If AI and crypto are not bubbles, we could be in big trouble. What if the trillions of dollars placed on those bets turn out to be good investments? The disruption will be epic, and terrible. A lot of speculative manias are just fun for a while and then the last in lose their shirts,…
A bronze sculpture of a bull is displayed on Broadway in the financial district November 14, 2000 in New York City. Chris Hondros | Hulton Archive | Getty Images Investors continue to pile into stocks, undeterred by a government shutdown or shaky jobs data, with all three benchmarks hitting record highs Thursday. With the Senate…
Traders work at the New York Stock Exchange on Oct. 1, 2025. NYSE On Wednesday, the U.S. government ground to a halt. Stock markets, however, jumped — one benchmark even hit a record high. Traders in prediction markets are betting the shutdown will last nearly two weeks. Nothing too radical, since that’s the average length…