Trump to Propose Significant Increase in Defense Spending

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President Donald Trump’s first budget will seek a sizable increase in military funding but won’t make changes to the largest future drivers of government spending: Social Security and Medicare.

Sotheby's Tops Views on Strong Sales

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Auction house Sotheby’s delivered top and bottom line beats for the fourth quarter as sales came in stronger than expected.

GE Chief: Globalization Isn't Over, It Is the End of the 'Global Elite'

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In his annual letter to investors, General Electric Chief Executive Jeff Immelt said the conglomerate’s transformation over the past decade has enabled it to profit from increasingly important markets for its jet engines and power turbines.

'Bad Banks' Spread Across China

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More than three dozen asset-management companies are vacuuming up bad debts from Chinese banks. But it’s more like sweeping the problems under the rug.

Indian Workers in U.S. Fear Trump H-1B Crackdown

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President Donald Trump’s plan to re-examine a range of visa programs to protect American jobs has many Indian engineers and computer scientists employed by U.S. tech companies putting life plans on hold and questioning career decisions.

Facing Criticism, Drug Makers Keep Lid On Price Increases

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Pharmaceutical companies held most of their traditional January list-price increases to under 10% this year, although the median boost was little-changed from 2016. Among the critics they face now is President Trump.

Supersmart Robots Will Outnumber Humans Within 30 Years, Says SoftBank CEO

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Within three decades, artificial intelligence will be smarter than the human brain, supersmart robots will outnumber humans and more than a trillion objects will be connected to the internet, says the CEO of SoftBank.

Defending the Euro Starts With Cleaning Up the Banks

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Bad loans aren’t just an economic burden; they also undermine the eurozone itself

Global Economy Week Ahead: Trump, Fed Speeches Set to Guide Interest Rates

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This week, key speeches by Donald Trump and top Federal Reserve officials are set to guide interest rates, the dollar and other asset values, while inflation gauges in the U.S., Europe and Japan will signal growth and rate prospects in several of the world’s largest economie

Economic Surveys Show Deep Splits in Confidence Along Party Lines

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Since the election of President Donald Trump, consumer confidence and sentiment surveys that ask participants about the health of the economy have seen their responses divided like never before along partisan lines.

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