Blinken tells China its spy balloon was ‘irresponsible’ after canceling Beijing trip
Secretary of State Antony Blinken will postpone his trip to China next week after a suspected Beijing-operated spy balloon looming over parts of Montana.
Some of Wall Street’s biggest names are exposed to the Adani Enterprises plunge
Shares of India’s Adani Enterprises have plummeted over the past week after the publication of an extensive critical report from U.S. short-seller Hindenburg Research.
Samsung exec says he wouldn’t give a smartphone to his daughter until she was 11
Plenty of parents are giving their children phones before then, according to a 2021 study by review site Common Sense Media.
Treasury yields leap after much hotter jobs report than expected
U.S. Treasury yields jumped up Friday following strong jobs data.
China says suspected spy balloon over U.S. skies is a civilian airship
Chinese authorities said Friday that a suspected Beijing-operated spy balloon spotted hovering over sensitive U.S. airspace was in fact a civilian airship intended for scientific research.
Bill Gates says Elon Musk’s ambition to colonize Mars is not a good use of money
In an interview with the BBC, Microsoft co-founder Bill Gates questioned whether Musk’s vision of colonizing Mars was a good use of money.
World’s biggest pension fund posts loss in longest losing streak in two decades
A sharp drop in the value of the U.S. dollar against the yen weighed on the value of Japan’s Government Pension Investment Fund’s foreign assets.
China’s real estate crisis isn’t over yet, IMF says
China needs to do more in order to fix its real estate problems, the International Monetary Fund said Friday.
Blackouts, currency dives and corruption: Pakistan’s economy is on the brink of collapse
Pakistan’s foreign currency reserves are so depleted it has only enough to pay for roughly three weeks of imports.
European markets pull back as investors watch economic data, earnings
European markets retreated on Friday as investors digest key central bank decisions, economic data and corporate earnings.
