U.S. Treasury Secretary Scott Bessent has committed $20 billion to a currency swap with Argentina, staking his credibility and taxpayer money on President Milei’s ability to pull the nation out of its chronic economic crisis.
A surprise 25% tariff on heavy-duty trucks and parts announced by the Trump administration is set to take effect next month, leaving the struggling trucking industry in limbo with no official guidance or exemptions.
San Francisco rent prices have surged by 6% in one year—the highest in the nation—driven by AI startups leasing luxury apartments and offering employee housing stipends, leaving ordinary renters struggling to keep up.
Delta and United have captured most U.S. airline profits since 2022 by catering to affluent flyers—but their success could backfire if the economy weakens.
A deep dive into the contradictory state of London’s 2025 art scene, where economic pressures on established galleries contrast sharply with the vibrant energy of its emerging talent.
Nestlé will cut 16,000 jobs globally—including 12,000 white-collar roles—as part of a $3.7 billion cost-reduction strategy under new CEO Philipp Navratil.
China has launched a sweeping rare earth licensing system that mirrors U.S. tech export controls—escalating the economic standoff between the world’s two largest economies.
Manhattan’s Class B office buildings are seeing renewed demand as businesses prioritize function over flashy amenities like rooftop pools and espresso bars.
The Delaware Supreme Court hears arguments over Elon Musk’s $125 billion Tesla compensation deal, testing the limits of shareholder power and corporate governance.
Trump offered Argentina a $20 billion economic lifeline—but only if President Milei’s party wins upcoming elections, triggering domestic outrage and market turmoil.