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ECONOMY
Trump Hosts Central Asian Leaders to Strengthen Ties on Critical Minerals

President Trump meets Central Asian leaders to bolster U.S. ties for critical mineral supplies.

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ECONOMY
U.S. Layoffs Reach Highest October Levels in Over Two Decades

U.S. layoffs soared to over 153,000 in October, marking the highest level in two decades, primarily driven by AI adoption and cost cuts.

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ECONOMY
China Extends Tariff Suspension on US Goods, Retains 10% Levy

China suspends a 24% tariff on US goods for one year while retaining a 10% levy, following recent trade talks.

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ECONOMY
Tesla Shareholders to Vote on Elon Musk's $1 Trillion Pay Package Amid Controversy

Tesla prepares for a pivotal vote on Elon Musk's controversial pay package, potentially worth $1 trillion, amid mixed reactions from investors.

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ECONOMY
Starbucks Sells 60% Stake in China Business to Boyu Capital for $4 Billion

Starbucks sells a 60% stake in its China operations to Boyu Capital for $4 billion to boost expansion.

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ECONOMY
Kimberly-Clark to Acquire Kenvue in $48.7 Billion Deal Amid Controversy

Kimberly-Clark announces a $48.7 billion acquisition of Tylenol maker Kenvue, facing scrutiny over controversial claims linking Tylenol to autism.

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ECONOMY
Xi Jinping's Joking Gift Exchange with South Korea's Lee Jae Myung Highlights Espionage Concerns

Xi Jinping's humorous exchange with Lee Jae Myung over smartphone security raises eyebrows amid espionage concerns during the APEC summit.

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ECONOMY
Trump Restricts Sale of Nvidia's Advanced Blackwell AI Chips to China

Trump announces that Nvidia's Blackwell AI chips will not be sold to China, emphasizing national security concerns.

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ECONOMY
US Faces Severe Penny Shortage as Mint Halts Production

US retailers and banks are grappling with a severe penny shortage as the Mint halts production, impacting cash transactions nationwide.

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ECONOMY
China's Resumed Soybean Purchases Signal New Trade Era with the US

China has agreed to buy 12 million metric tons of US soybeans, marking a return to trade normalcy amid improving relations.

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