The two largest U.S. oil companies reported their lowest first-quarter profits in years on Friday as they braced for the economic fallout from President Trump’s trade war, which has weakened consumer confidence and pushed oil prices down. U.S. crude prices…

Nigel Farage’s insurgent anti-immigration party, Reform U.K., scored a significant, if razor-thin, victory Friday in a parliamentary special election in the northwest of England. The result served notice that Mr. Farage, a populist fixture and close ally of President Trump,…

While campaigning in Maine’s U.S. Senate primary in 1972, Robert Monks asked about a smell overnight that was so noxious his eyes teared up. That, Mr. Monks was told, was a paper mill’s nightly discharge of “junk” — machine oil…

Shanghai is banking on more international sporting events and concerts in the city this summer to revive spending to counter the blows to consumer confidence from the China-US trade war. The city will host international equestrian, archery, triathlon and Formula E events in…

Starting Friday, the Trump administration is shelving a nearly century-old tax loophole that saved companies from paying tens of billions of dollars in fees on cheap imports, most of which come from China. The move stems from the sweeping tariffs President Donald…

Kevin Warsh was sitting in the East Room of the White House when President Donald Trump took a beat to praise the former central banker. At the January 2020 signing ceremony, Trump turned to the former Federal Reserve governor —…

The past several weeks might have been tumultuous or even existential for a lot of U.S. businesses caught up in trade wars, but they’ve been pretty darn good for Starlink, the satellite company owned by Elon Musk. After years of regulatory…

Little warning signs are flashing across the economy. The big question is what to make of them. With consumers growing more pessimistic, households and global businesses alike are yanking back on new spending and investments. And a growing pile of data points…

China has signaled that it is becoming more open to engaging in trade negotiations with the Trump administration, according to two blogs closely associated with China’s state apparatus, even as Beijing maintains a defiant stance in the trade war. After three months of bluster…

The White House on Friday will release a partial budget proposal that calls for $163 billion in cuts to federal spending in the next fiscal year, a person familiar with the matter confirmed. The upcoming “skinny budget” will propose cuts…

 India will include caste details in its next census, in a move likely to have sweeping socio-economic and political ramifications for the world’s most populous country. Information Minister Ashwini Vaishnaw didn’t say when the census would begin when he announced…

President Donald Trump signed an executive order on Thursday evening seeking to prohibit federal funding for NPR and the Public Broadcasting Service (PBS). The order, which could be subject to legal challenge, called the broadcasters’ news coverage “biased and partisan.” It instructs the Corporation for…

The White House is coming down on Amazon over a Tuesday report from Punchbowl News that claimed the world’s largest online retailer will start showing how much Trump’s tariffs affect the price of each product. Amazon, however, says the report was inaccurate…

You’ll have to save more before you pick up the next Call of Duty or Halo game. Microsoft has announced a series of price increases that will see the recommended retail price of its first-party games increase to $79.99. The systems used to play…

The European Union fined Apple and Meta hundreds of millions of dollars last week. The European Commission has fined Apple €500m (£429m) and Meta €200m for breaking rules on fair competition and user choice, in the first penalties issued under one of the EU’s landmark internet…

The Apollo lunar missions worked by using a spacecraft in two parts. The Command and Service Module (CSM) and the Lunar Module (LM) traveled together from the launch pad at Cape Kennedy to lunar orbit a quarter of a million miles from…

ChatGPT creator OpenAI and Yahoo would like to buy Google’s Chrome web browser if a federal judge orders a sale of the internet’s most popular gateway. The interest of these companies emerged this week during a trial that will determine…

Mark Zuckerberg’s plan is to make Meta the market leader in artificial intelligence. Investors will want to know how President Donald Trump’s tariffs-heavy trade policies will impact that strategy.  Those answers could start to come as soon as this week as Meta’s AI…

The clock is ticking on trade deals that the U.S. will need to strike with many nations, most notably China, to avoid what President Donald Trump’s Treasury secretary, Scott Bessent, has described as an unsustainable tariff war. But in the U.S. farming sector,…

Novo Nordisk scored a huge legal victory that largely restricts compounding pharmacies from marketing or selling cheaper, unapproved versions of the drugmaker’s blockbuster weight loss drug Wegovy and diabetes treatment Ozempic.  A federal judge in Texas late Thursday rejected a bid…

In an extraordinary on-air rebuke, one of the top journalists at “60 Minutes” directly criticized the program’s parent company in the final moments of its Sunday night CBS telecast, its first episode since the program’s executive producer, Bill Owens, announced his…

HOUSTON — Sunnova Energy International Inc. (NYSE: NOVA), one of the largest residential solar-panel installers in the United States, is preparing to file for bankruptcy within weeks, according to people familiar with the matter. The move comes after the company…

Spotify informed The Budgets that they have paid podcast publishers and creators over $100 million since the start of January. The payout is the result of a program introduced in 2025 that opened up new revenue streams to eligible hosts.…

President Trump’s shake-up of the global trade system has sent tremors through the long-held view that the United States is the source of the world’s safest financial assets. That’s created an opportunity for Europe. The market tumult in which investors…

The billionaire leaders of social media giants have long been under pressure to quell the spread of mis- and disinformation. No system to date, from human fact-checkers to automation, has satisfied critics on the left or the right. One novel approach winning…