Weekly jobless claims jump to 242,000, more than expected in latest sign of economic softening

Elon Musk has been tasked by President Donald Trump with slashing federal government spending and the federal employee headcount, an effort known as DOGE.

The company said there’s no specific timeline for when the spinoff will take place, but a transaction would likely occur by the end of IAC’s […]

China bonds rallied Monday with the 10-year yield dropping below the key psychological level of 2% to hit a multi-decade low.