GLOBAL ECONOMY

The Olympic Games costs billions. The Paris organizing committee's budget is reported to be $4.4 billion. With other costs added, such as infrastructure, it's closer to $9 billion.

Tesla CEO Elon Musk said on the company's earnings call that its planned Gigafactory Mexico is on pause pending the U.S. election due to former President Trump's tariff pledge.

Nippon Steel announced that it hired former Secretary of State Mike Pompeo to advise the firm on its planned acquisition of U.S. Steel, which faces political and regulatory scrutiny.

Republican vice presidential nominee JD Vance slammed President Biden for his support of NAFTA and China receiving most favored nation status prior to it joining the WTO.

Pfizer announced that it is advancing its oral weight-loss treatment, called danuglipron, to the next round in an ongoing study after seeing "encouraging" results.

Billionaire Elon Musk is arguing that his late disclosure of Twitter stock purchases was a mistake in an effort to dismiss a proposed class action lawsuit brought by shareholders.

A federal judge in Louisiana granted a motion by energy-producing states to pause the Biden administration's ban on new LNG export projects due to its impact on those states' economies.

The FDA has officially begun to recall Diamond Shruumz products, weeks after it initially reported the "microdosing" products were linked to various illnesses.

The former home of Hollywood icon Marilyn Monroe was declared a historic cultural monument on Wednesday by the Los Angeles City Council, preventing it from being torn down by its current owners.

As India's Prime Minister Narendra Modi starts a third term, hopes are high among the business community that his premiership will lead to more opportunities in the world's largest democracy.

Treasury Secretary Janet Yellen will deliver a speech Thursday warning of the "significant risks" posed by AI in finance, while acknowledging the "tremendous opportunities" it offers.

A multi-million dollar legal battle is raging over who is to blame for an area in New York City’s Financial District turning into a hotbed for drug dealing and miscreants plaguing local residents.

Tesla CEO Elon Musk on Thursday said that the Biden administration's tariffs on Chinese electric vehicles were not necessary in order for his company to remain competitive.

Growing global competition and changes to Germany's economy have some business leaders worried that Germany is headed for de-industrialization, but analysts disagree.

South Korea's finance minister encouraged cooperation with China on supply chain, new technologies and raw materials as the two countries prepare for a trilateral meeting with Japan.

Federal Deposit Insurance Corporation Chair Martin Gruenberg vowed to rectify conduct at his agency Wednesday, side-stepping calls for his resignation.

President Joe Biden announced higher tariffs on imports from China that cover products like EVs, solar panels, steel and aluminum, which will carry a price tag of roughly $18 billion.