Category: United States

Big American Tech Profits From Chinese Ad Spending Spree

Temu, Shein, and streaming and gaming apps looking to break into the U.S. market are spending huge sums to get their wares in front of American consumers.

For First Time in Two Decades, U.S. Buys More From Mexico Than China

The United States bought more goods from Mexico than China in 2023 for the first time in 20 years, evidence of how much global trade patterns have shifted.

Stocks Climb to Record, Lifted by Big Tech and Rate Cut Hopes

The S&P 500 crossed above its January 2022 peak after weeks of wavering. Investors have been buying stocks after homing in on signals that the Fed’s campaign of raising interest rates is over.

Spirit Airlines Is on Shaky Footing After Judge Blocks JetBlue Deal

Some investors and analysts said the airline might have to seek bankruptcy protection if it couldn’t find another buyer.

Hybrid Cars Enjoy a Renaissance as All-Electric Sales Slow

Automakers like Ford, Kia and Toyota are offering more hybrid options to appeal to buyers who aren’t ready for fully electric vehicles.

Red Sea Shipping Halt Is Latest Risk to Global Economy

Next year could see increasing volatility as persistent military conflicts and economic uncertainty influence voting in national elections across the globe.

The Debt Problem Is Enormous, and the System for Fixing It Is Broken

Economists offer alternatives to financial safeguards created when the U.S. was the pre-eminent superpower and climate change wasn’t on the agenda.

JetBlue Seeks Court Approval of its Acquisition of Spirit Airlines

JetBlue Airways is trying to persuade a federal court to let it acquire Spirit Airlines, a deal that the Justice Department says will raise fares and reduce competition.

Surging U.S. Oil Production Brings Down Prices and Raises Climate Fears

American oil production is hitting record levels, delivering economic and foreign policy benefits but putting environmental goals further out of reach.