Business

Best books of 2024: Economics

Martin Wolf selects his must-read titles

How oil ‘wildcatters’ ended up in charge of Trump’s energy policy

Shale barons are jubilant about the Republican’s plan for US ‘energy dominance’. Climate campaigners are not

Starmer to visit Saudi Arabia and UAE to try to secure investment

UK prime minister is seeking billions of pounds of Gulf money to boost British growth

Middle East looks to Saudi Arabia to rein in Trump

Arab states hope close ties between Prince Mohammed and US president-elect can temper ardent support for Israel

Billionaire Poonawallas buy £42mn Mayfair property despite non-dom fears

Purchase of block on upmarket Grosvenor Square comes ahead of tax changes for wealthy international investors

The new Republican war on science

Robert F Kennedy Jr’s appointment is characteristic of Trump’s hostility to expertise

How AI is powering a robotics revolution

Advances in physical AI means machines are learning skills previously thought impossible

Walmart has mastered the dupe, sending the wealthy flocking to its stores

The company said about 75% of its gains this quarter came from customers making more than $100,000 per year. Read ...

SpaceX abandons attempt to catch Starship booster as Trump watches

Test was a setback for owner Elon Musk, who has become an influential figure in president-elect’s transition team

Two brothers were indicted for running a streaming service with live NFL, NBA, and NHL games—for as little as $10 a month

Authorities pegged the economic harm done by the illegal streamers at more than $100 million Read More

Marc Rowan emerges as a top contender to be Trump’s Treasury secretary

Private equity billionaire is considering job and is set to meet president-elect on Wednesday

China holds its benchmark lending rates as Beijing assesses stimulus measures

The People’s Bank of China said it would keep the one-year loan prime rate at 3.1%, while holding the five-year ...

Quiet Capital raises $377 million for new fund: Filing

The San Francisco-based venture firm has invested in companies including Rippling and MasterClass. Read More

Tropicana reignited a 15-year feud with customers over its packaging design, slimming down bottles

The orange juice giant lost 20% of sales in less than two months in 2009 after a wildly unpopular brand ...

Qualcomm says it expects $4 billion in PC sales by 2029, as company expands beyond smartphones

Qualcomm said on Tuesday that it expects its push into new markets to generate an additional $22 billion per year ...

A teen boy has been removed from school after fake images of nude female students appeared in a chat room

Pennsylvania students held a walkout this month, marching around the campus and chanting, “Hear us. Acknowledge us. See us.” Read ...

Comcast will announce the spinoff of cable networks Wednesday, CNBC source says

Comcast is planning to announce the spinoff of its cable networks, including CNBC, MSNBC and E!, on Wednesday, according to ...

Musk and Trump watch SpaceX launch together as Elon earns ‘uncle’ status among president-elect’s family

Trump’s granddaughter Kai Trump posted a photo of her with Musk at one of Trump’s golf resorts, writing that Musk ...

Move over peanuts. Shake Shack burgers are coming to Delta flights

The Shake Shack meal will also come with chips, a Caesar salad, and a dark chocolate brownie. Read More

SEC’s Mark Uyeda waves off rumors he could be Trump’s pick for chair

Uyeda signaled that SEC chair Gary Gensler’s time is nearing its end. Read More

Trump picks Dr. Oz to lead massive Medicare, Medicaid agency CMS

Dr. Mehmet Oz previously ran for a Senate seat from Pennsylvania. CMS is one of the biggest agencies in the ...

Do energy drinks come with health risks? An expert’s warning

One expert cautions how much you should indulge in energy drinks—if at all. Read More

SpaceX launches Starship’s fourth flight of the year, splashes down booster instead of catching it

SpaceX launched its sixth Starship test flight to date on Tuesday.

Trump taps Dr. Oz, a heart surgeon famous for appearing on Oprah’s show who was later criticized for pushing fad diets, to lead Medicare and Medicaid Services

Dr. Mehmet Oz hosted “The Dr. Oz Show,” which focused on health and wellness advice and won nine Daytime Emmy ...

Trump tells Vance to shore up support for Gaetz as misconduct allegations swirl

House ethics panel debates release of secret report into president-elect’s pick to run justice department

Trump and Coinbase CEO speak by phone—a sign of crypto’s new political clout

The call came at a time when the crypto industry is poised to enjoy unprecedented power in Washington DC. Read ...

At Web Summit last week, no sign of an AI slowdown—even if some wouldn’t mind one

AI application companies are valued on what they can do with today’s tech, not on future progress. Read More

Nvidia earnings are more important to market than the Fed and jobs data, according to options market

The AI chipmaker is set to release results Wednesday after the market close, returning to the spotlight after a lengthy ...

Nvidia analyst predicts ‘jaw dropper’ Q3 earnings—others on Wall Street are not so sure

Multiple analysts said Wednesday’s call could prove to be a “sell the news” event, just like last quarter. Read More