At the World Economic Forum in Davos, President Donald Trump announced a new ‘Board of Peace’ initiative, unveiling a charter and describing a structure that includes a $1bn fee for permanent membership.
U.S. markets finished the week mixed as investors weighed earnings, shifting expectations about inflation and growth, and renewed geopolitical and policy uncertainty. Intel sank after issuing a weak forecast, while gold pushed to another record as some investors sought safety.
The sprawling winter storm that crippled weekend travel is forcing airlines to cancel thousands of flights, triggering rebooking chaos, customer-service bottlenecks and broader business impacts as hubs and supply chains struggle with disruptions.
U.S. stocks fell sharply after President Trump threatened new tariffs on imports from multiple European countries amid tensions linked to Greenland, spurring investor flight to traditional safe havens and raising fears of retaliation.
U.S. stocks fell sharply after President Donald Trump threatened tariffs on imports from several European countries amid a dispute over Greenland. The selloff hit major indexes and weighed on big tech, while investors sought safety in assets such as gold.
As Winter Storm Fern expands across the country, businesses from airlines to retailers are bracing for a weekend of lost sales, disrupted supply deliveries and staffing gaps. The biggest near-term costs are showing up in travel and logistics, with spillover effects expected for schools, hospitals and municipal services.
Investors are watching the Federal Reserve for guidance on rates while Microsoft, Meta, Tesla and Apple headline a heavy earnings week that could reset expectations for AI spending and growth.
A revised all-cash structure is meant to add certainty in a contested push for Warner Bros. Discovery, as media giants weigh scale and streaming economics.