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Starbucks fumbled in China. Now it's seeing private equity bids in the billions
Firms including Carlyle, KKR, Hillhouse, and Centurium are reportedly competing for a piece of the coffee giant’s China unit
Read More 9 July 2025 | 9:43 pmNvidia just became the first company to hit a $4 trillion market cap
Wall Street’s favorite bet just crossed a record valuation, driven by its dominance of AI infrastructure as competitors race to catch up
Read More 9 July 2025 | 9:43 pmA top Apple executive is retiring after almost 3 decades
Apple chief operating officer Jeff Williams is retiring from the iPhone maker at the end of this year
Read More 9 July 2025 | 9:41 pmToday was Trump's deadline. So where are the trade deals?
The White House promised 90 trade agreements by July 9. So far: two partial deals, 14 letters, and a new deadline Trump claims “has not changed.”
Read More 9 July 2025 | 9:41 pmStocks shrug off tariffs drama with earnings on deck
With the S&P dipping less than 0.02% and Nasdaq in the green, Wall Street is instead focused on Q2 earnings, Fed minutes, and global deflation.
Read More 9 July 2025 | 9:40 pmBiotech startups are facing a new threat
Cuts in federal funding and upheaval at the FDA under Trump have funders keeping their wallets closed — and executives "sounding the alarm"
Read More 9 July 2025 | 7:42 pm5 ways electric-vehicle maintenance differs from traditional cars
Learn more about what goes into EV maintenance before switching to the electric side of the automotive industry.
Read More 9 July 2025 | 3:11 pmTesla's board must rein in Elon Musk's 'soap opera,' analyst says
With Tesla’s future tied to AI and autonomy, analysts say the company can’t afford a distracted CEO — and the board can’t afford to stay silent
Read More 9 July 2025 | 6:05 amThe housing market may be on the cusp of a revival
House prices are at a record high. Mortgages rates won't budge. But indications of a recovery are emerging
Read More 9 July 2025 | 6:03 amTrump says he'll impose a 50% tariff on copper and hints at supersized pharma rate
Trump suggested that pharmaceutical manufacturers will have up to 18 months to build a new U.S. supply chain and avert a tariff that could total 200%
Read More 9 July 2025 | 6:02 amElon Musk's X says India blocked more than 2,000 accounts without explanation
The X accounts were briefly withheld after an urgent order from India’s IT ministry, according to X.
Read More 9 July 2025 | 6:02 amBoeing made a big June delivery of jets, partly thanks to China
Boeing delivered 60 planes in June, including 42 Max jets, marking its best delivery month since late 2023.
Read More 9 July 2025 | 6:02 amWaymo announces new robotaxi accounts for teens
The Alphabet-owned company is offering accounts for teens in the Metro Phoenix area who get invited by their parents
Read More 9 July 2025 | 6:01 amDelistings up almost 50% as home sellers leave the market
The housing market appears to be shifting in a “buyer-friendly direction,” according to a new report from Realtor.com
Read More 9 July 2025 | 5:56 amRelated News Feed
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What is today's economic news?
- CBDC to bring down time, cost for cross-border transactions: RBI Deputy Guv Sep 7, 2022, 04:01 PM IST.
- Cabinet lowers railway land licensing fee, sources say Sep 7, 2022, 02:18 PM IST.
- India will cement its place in the upper echelons of tech manufacturing: Mukesh Aghi, USISPF Sep 7, 2022, 02:05 PM IST.
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What is the biggest economy in the world?
the United States
With a GDP of 22.3 trillion USD, the United States is by far the world's largest economy in this ranking for 2022. It is followed by China in 2nd place with a GDP of still 19.9 trillion USD.
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What is India's rank in GDP?
India's economy is the fifth-largest in the world with a GDP of $2.94 trillion, overtaking the UK and France in 2019 to take the fifth spot. India's GDP (PPP) is $10.51 trillion, exceeding that of Japan and Germany.