China Tajikistan trade set to expand as Beijing pledges more investment

Chinese Foreign Minister Wang Yi meets Tajik officials in Dushanbe to discuss China Tajikistan trade and investment expansion

DUSHANBE, Tajikistan — China plans to expand trade and investment with Tajikistan, Chinese Foreign Minister Wang Yi said during a visit to the Tajik capital on Saturday.  Wang pledged to increase imports of high quality agricultural products from Tajikistan and encourage Chinese companies to invest in the landlocked Central Asian nation. “China will remain a … Read more

US economy shows strong growth but job creation lags, worrying Fed officials

US Economy Growth Strong, Job Creation Lags

WASHINGTON — The United States economy is exhibiting an unusual trend that is raising concerns among Federal Reserve officials.  Despite robust economic growth and high productivity, job creation has slowed significantly this year, leaving policymakers grappling with how to steer the economy. US companies have sharply reduced hiring, uncertain about the impact of sweeping economic … Read more

Trump net worth falls $1.1 billion as crypto and TMTG stock decline

Trump looks at financial charts showing declining net worth, symbolizing his $1.1 billion drop in wealth

Former President Donald Trump’s net worth fell by $1.1 billion in recent months, according to financial analysts tracking his wealth.  The decline follows losses in his technology company TMTG and the Trump family’s cryptocurrency investments, highlighting volatility in both traditional and digital assets. As of Friday, Trump’s net worth was estimated at $6.2 billion, down … Read more

Asian chip shares tumble as SoftBank leads selloff after Nvidia slump

A digital stock market display showing declines in major technology companies including SoftBank, Nvidia, Samsung and Hynix, reflecting a broader drop in Asian chip shares.

Asian chip shares tumbled Friday in a broad market pullback triggered by Nvidia’s overnight slump, shaking investor confidence despite the US chipmaker’s stronger than expected earnings and optimistic guidance.  SoftBank, a key player in global semiconductor and AI investments, led the downturn with a double digit fall that rattled Tokyo markets. The selloff unfolded hours … Read more

US launches $400 million fraud probe into telecom borrowers tied to BlackRock’s HPS

BlackRock headquarters exterior as U.S. investigators launch a $400 million fraud probe into telecom linked loans.

US prosecutors have launched an investigation into a group of telecom companies after BlackRock’s private credit arm reported it lent more than $400 million backed by what appear to be fabricated receivables, according to people familiar with the matter.  The $400 million fraud probe centers on entities connected to Bankim Brahmbhatt, a little known executive … Read more

Boeing nears partnership to bid for international T-7 trainer opportunity

Boeing T-7 trainer jet on runway preparing for international military training missions.

Dubai, United Arab Emirates — Boeing (BA.N) is close to announcing a strategic partnership to pursue an international sales opportunity for its T-7 advanced trainer, company executives said Sunday, highlighting rising global demand for lightweight military training jets. At a briefing ahead of the Dubai Airshow, Boeing officials confirmed the partnership announcement is expected within … Read more

Trump bond purchases top $82 million as ethics filings show expanded investments

WASHINGTON — President Donald Trump made at least $82 million in bond acquisitions from late August to early October, according to newly released federal ethics filings that outline a surge in investment activity across corporate and municipal markets.  The documents, published Saturday by the US Office of Government Ethics, show more than 175 individual transactions … Read more

US clears way for talks on Lukoil foreign assets sale

U.S. officials discuss the sale of Lukoil foreign assets amid sanctions on Russian oil companies

WASHINGTON — The US Treasury Department on Friday issued licenses that permit potential buyers to negotiate the purchase of Russia’s Lukoil foreign assets, even as the company remains under sweeping sanctions.  The decision comes amid growing international concern over the impact of Russian oil sanctions on global energy markets. The US imposed sanctions on Lukoil … Read more

Mega Millions winning numbers: Georgia ticket wins $980 million jackpot after record streak

Mega Millions winning numbers displayed on lottery screen after Georgia ticket wins $980 million jackpot

A single ticket sold in Georgia matched all six Mega Millions winning numbers in the Friday, Nov. 14 drawing, bringing an end to the game’s longest streak without a jackpot winner since its launch in 2002.  The winning ticket claimed an estimated $980 million prize, according to lottery officials. The winning numbers were 1, 8, … Read more