GLOBAL ECONOMY

The EU puts legislation in place to counter the Inflation Reduction Act's subsidies; marks the beginning of a potential trade war with both the US and China.

China's ev market is likely to slow in 2023 as subsidies expire. Without disounts on electric vehicles, fewer consumers will be able to afford them.

Boston area company Viken Detection is providing Customs and Border Protection under-vehicle scanners at dozens of points of entry along the U.S. southern border.

Parcel carrier FedEx Corp. and other regional carriers are having an easier time delivering packages this peak season, with additional capacity and steady parcel volume.

The Federal Trade Commission has ordered Mastercard to cease business practices it claims are designed to bar vendors from routing payments through third parties.

Microsoft challenged the Federal Trade Commission's attempt to block the software giant's acquisition of Activision Blizzard Inc. for $68.7 billion.

Issues that began with the coronavirus pandemic, get worse as high inflation, the Ukraine war, and tension with China continue to disrupt the supply chain.

Binances internal finances still remain opaque to investors after the collapse of Sam Bankman-Fried's cryptocurrency trading firm FTX caused increase scrutiny.

Nike weathers recession storm this holiday season. China's full court press on COVID could not keep Nike from a final quarter comeback before Christmas.

As countries turn away from Russia after it invaded Ukraine, the US has become more attractive. This new demand could push US energy production higher.

China filed a dispute at the World Trade Organization against the U.S. over export controls on advanced semiconductors and computer chips.

The Chinese government is shifting back to growth mode, as a rapid deterioration in economic conditions prompts alarmed officials to turn more of their focus to development after years of criticizing cadres who gave priority to growth at the expense of social stability and fiscal prudence.

Kevin O'Leary, an investor who served as a paid spokesman for FTX, says that the company's collapse has a 'silver lining' for the cryptocurrency industry as a whole.

VMware Chief Executive Raghu Raghuram said the senior vice presidents of cloud infrastructure, applications and management business and networking and advanced security are leaving

The WTO's rejection of former President Trump's tariffs on imports of aluminum and steel has prompted pushback from the Biden administration and the U.S. steel industry.

Germany is building new LNG facilities in Wilhelmshaven at record speed to make up for gas supplies that Russia has stopped sending since invading Ukraine.

Accounting issues that brought down major crypto firms like FTX and Celsius, exist in firms weathering the crypto contagion such as Marathon and Riot Blockchain.

FDA fast tracks opioid reversing nasal spray, Narcan, for over-the-counter approval, hoping to combat the fentanyl crisis with this life saving medication.

The Inflation Reduction Act has riled European and Asian partners, who worry it violates principles of free trade agreed to under the World Trade Organization