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Chinese President Xi Jinping called for the acceleration of a “new model” for property development, advocating a more measured approach to urban planning and upgrades, while falling short of investor expectations for more aggressive policies.

Economists have long been warning of a tariff-driven boost to US inflation. The next report on consumer prices will put their conviction to the test.

US President Donald Trump threatened to impose stiff financial penalties on Russia if it does not end hostilities with Ukraine, while pledging fresh weapons supplies for Kyiv.

The EU is preparing to step up its engagement with other countries hit by Donald Trump’s tariffs following a slew of new threats to the bloc and other US trading partners, according to people familiar with the matter.

The money behind Elon Musk’s trillion-dollar empire is increasingly flowing in one direction: toward artificial intelligence.

Republican House leaders anticipate passing an industry-friendly stablecoin regulatory bill this week, sending Congress’s first major digital assets legislation to the president and kicking off a series of votes on related measures that supporters have dubbed “Crypto Week.”

UK businesses are dialing back hiring for jobs that are likely to be affected by the rollout of artificial intelligence, a study found, suggesting the new technology is accentuating a slowdown in the nation’s labor market.

For much of this year, bond investors were all but certain that the Federal Reserve would resume cutting interest rates by September.

German Chancellor Friedrich Merz said US President Donald Trump’s threat of 30% tariffs would hit exporters in Europe’s largest economy “to the core,” if a negotiated solution in the trade conflict can’t be found in the coming weeks.

President Donald Trump unleashed his latest tariff ultimatums, declaring a 30% rate for Mexico and the European Union, as his trade agenda continues to keep allies off balance and inject uncertainty into global financial markets.

President Donald Trump’s potential dismissal of Federal Reserve Chair Jerome Powell is a major and underpriced risk that could trigger a selloff in the US dollar and Treasuries, a Deutsche Bank AG strategist said.

US President Donald Trump ramped back up his tariff plans with an eye on copper and Canada, deflating hopes that the administration was dialing back its initial Liberation Day levies first announced in April.

After months of seeing very little inflation, US consumers probably experienced slightly faster price growth in June as companies started to pass along the higher cost of imported merchandise associated with tariffs.

Saudi Arabia raised crude output far above its OPEC+ quota last month, joining other producers in a rush to export oil out of the Persian Gulf as Israel went to war with Iran, according to the International Energy Agency.

The Bank for International Settlements warned that the rapid expansion of stablecoins — digital tokens usually pegged to fiat currencies — is creating new policy challenges for financial authorities, potentially placing monetary sovereignty in key markets under threat.

As equities markets wobble in the face of a fresh tariff onslaught from US President Donald Trump, Bitcoin bulls are positioning for a fresh rally.

Gauges for emerging-market currencies and stocks fell on Friday, extending their losses for the week after President Donald Trump said he plans to impose a blanket tariff of 15% or 20% on most trading partners, more than originally stated.

President Donald Trump threatened a 35% tariff on some Canadian goods and raised the prospect of increasing levies on most other countries, ramping up his trade rhetoric in comments that weighed on stocks and boosted the US dollar.

President Donald Trump will levy a 35% tariff on some goods coming into the US from Canada, in a blow to Canadian Prime Minister Mark Carney’s bid to avoid punishing levies on goods sold to the US. The tariff level would take effect from Aug. 1.

Europe’s decision to ramp up defense spending after years of neglect is the right choice, according to European Union finance ministers.

Tourismusverantwortliche beklagen einerseits hohe Kosten und sehen sich andererseits mit der Herausforderung konfrontiert, sich auf neue Gästewünsche einzustellen. Gefordert wird eine Unterstützung der Politik, wie etwa Veränderungen bei der Dauer von Abschreibungen.

The secondary watch market has recovered from its nadir. But there’s still time for discerning buyers to grab some bling.

Developers in Dubai are expanding abroad in search of growth, a move that helps them use the cash piles they’ve built up and offers a cushion in case of any potential slowdown at home.

Spain and Greece have for years restricted outdoor work on very hot days, while Italy and France have started this summer.

The European Union and Israel have reached an agreement to allow more aid to Gaza, with a substantial increase of daily supplies to happen in the coming days, according to a person familiar with the matter.

US President Donald Trump is scheduled this week to meet the leaders of five African nations that will potentially offer American businesses opportunities in critical minerals and other natural resources.

OPEC+ is discussing a pause in further production increases from October after its next monthly hike, according to delegates familiar with the matter.

Donald Trump’s threat to impose 50% tariffs on Brazilian goods sent the country’s currency plunging as the US leader sharply escalated a dispute with Latin America’s largest nation and leftist leader Luiz Inacio Lula da Silva.

President Donald Trump said the US would begin levying a 50% tariff on copper imports from Aug. 1, confirming a move that will hurt American producers of everything from automobiles to appliances.