Business COVID 19

Stocks wobble, crypto holds onto gains as inflation jitters hang over global markets

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U. S. futures trade lower ahead of a big week for inflation and jobs data. Read More

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Why Beijing doesn’t like being cast as the U.S.’s ‘strategic rival’

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This is the web version of Eastworld, Fortune’s newsletter focused on business and technology in Asia. Subscribe here to get future editions in your inbox. In Joe Biden’s first week as president, Beijing has mostly kept the muzzle on its “Wolf Warriors,” the pack of senior Chinese diplomats who earned that nickname during the Trump years for […]
Business COVID 19

U.S. stocks shrug off record inflation to post best week since first quarter

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U.S. stocks ended the week in style—though their enthusiasm wasn’t shared by the European bourses and Asian markets. Read More
Business

Amazon pledges $2 billion for affordable homes near U.S. cities

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Amazon.com has earmarked $2 billion to support affordable housing projects in three U.S. regions, joining the ranks of other technology giants seeking to alleviate the economic strain fueled in part by their rapid growth. The world’s largest online retailer says it will back efforts to preserve and create affordable housing near its Seattle headquarters, as […]