Biden warns on Beijing’s South China Sea moves in Philippines-Japan summit

U.S. President Joe Biden holds a trilateral meeting with Japanese Prime Minister Fumio Kishida (R) and Filipino President Ferdinand Marcos (L) at the White House on April 11, 2024 in Washington, DC. Leaders from the three nations are meeting in a first-ever trilateral summit in a show of solidarity as China’s assertiveness in the South … Read more

The future of EVs in the collectible cars market, from Tesla to BMW

Elon Musk at a Tesla Motors press conference at the 2009 North American Auto Show. James Leynse | Corbis Historical | Getty Images The term “collectible vehicle” might conjure up images of an elegant convertible from the 1930s, or maybe a souped-up muscle car. But time moves on. A new crop of all-electric vehicles and … Read more

India and South Africa block major investment deal at WTO talks

Delegates attend the 13th World Trade Organization Ministerial Conference in Abu Dhabi of Feb. 26, 2024. India and South Africa have filed a formal objection against an investment agreement at a World Trade Organization meeting in Abu Dhabi, blocking its adoption in a move that observers say could block hundreds of billions of dollars in … Read more

VinFast loss widens in Q4, confident of achieving 2024 sales goals

Vietnamese electric vehicle, or EV, maker VinFast on Thursday said its fourth-quarter net loss deepened 3.4% from the previous three months but it aims to nearly triple vehicle sales this year as it expands into new markets. Nhac Nguyen | Afp | Getty Images Vietnamese electric vehicle, or EV, maker VinFast on Thursday said its fourth-quarter net loss deepened … Read more

China expresses concerns to U.S. over tariffs, sanctions in Beijing talks

China’s financial officials expressed concerns to visiting U.S. Treasury officials about U.S. tariffs, investment restrictions and sanctions set up to “suppress” Chinese companies, the Chinese finance ministry said on Tuesday. Traveler1116 | E+ | Getty Images China’s financial officials expressed concerns to visiting U.S. Treasury officials about U.S. tariffs, investment restrictions and sanctions set up … Read more

Asia’s young and rich are fueling art demand — what are they collecting?

Auctioneer Victoire Gineste gestures as she adjudicates for 20 million euros ($21.9 million) a recently rediscovered drawing by Michelangelo, the artist’s first known nude, at the Christie’s auction house in Paris on May 18, 2022. Emmanuel Dunand | Afp | Getty Images Wealthy, young collectors in Asia have been fueling demand for art — particularly … Read more

Female founders say it’s an amazing time for women to be in business

In 2022, only 2.1% of venture capital investments in the U.S. went to businesses that are founded solely by women. But some say the gap may be closing. Maskot | Digitalvision | Getty Images Starting a business is always challenging and while women have historically faced additional challenges, some female founders say the landscape is … Read more

Why Fed rate hikes take so long to affect the economy

The U.S. economy continues to grow despite the 5.5% benchmark federal funds interest rate set by the Federal Reserve in 2023. The Fed’s leaders expect their interest rate decisions to eventually slow that growth. The increase in borrowing costs that stems from Fed decisions does not affect all consumers immediately. It typically affects people who … Read more

The new FAFSA filing season opens December 31

For many families, financial aid is key when it comes to paying for college. But students must first fill out the Free Application for Federal Student Aid to access any assistance. And this year, the FAFSA has been significantly delayed. For the 2024-2025 school year, a new, streamlined FAFSA form will be available on or before … Read more