China courts the Global South by arguing it ‘breathes the same breath with other developing countries’—unlike the U.S.

Whether China and its $18 trillion GDP should actually be considered part of the Global South is a frequently debated matter. Read More

Fed has low odds of achieving a soft landing because the economy is still too strong to entirely cool inflation, former central bank officials say

But one of the former Fed officials said he sees a “decent chance of a softish” landing for the economy. Read More

Rupert Murdoch left Fox after its stranglehold on conservative media splintered into a cacophony of more Trump-friendly outlets

Murdoch’s son, Lachlan, must now “try to at least stop the bleeding or to even build Fox’s viewership by moving more to the right,” one political...

After Elon Musk’s X disaster, Rupert Murdoch retiring is another stroke of good media luck for Biden, journalism professor says

Michael Socolow, a scholar of media history, says no American president since Franklin Delano Roosevelt has enjoyed such a run of good media luck. Read More

The founder of a a main Google rival says there’s such a stranglehold over search that it only has 2.5% of the market

DuckDuckGo founder Gabriel Weinberg’s testimony was separate from the judge’s question about whether Taylor Swift is dating Travis Kelce. Read More

The flood of insurance companies out of California is so bad that the golden state is changing its whole climate change pricing plan

California Insurance Commissioner Ricardo Lara has an offer to insurers, but if you own a home in a wildfire zone, watch out. Read More

Rupert’s succession: Lachlan Murdoch caps a sprawling family above the Fox News empire

The 92-year-old Rupert Murdoch has been married four times and shares six children with three of his wives. Read More

Apple’s retail workers will get smaller raises this year—only around 4%—now that labor shortages and unionization fears have dissipated

Apple raised pay more aggressively last year, when it was facing labor shortages and a budding unionization effort. Read More

Biden pushes to scrub medical debt from credit scores so people will be ‘better be able to invest in their future’

The federal government said that including medical debt in credit scores is problematic because “mistakes and inaccuracies in medical billing are common.” Read More

Stock losses deepen as Wall Street braces for ‘higher for longer’ interest rates: Stock market news today