Corporate Tax Revenue Falls Even as Profits Soar Under Trump

New York Times - Oct 17, 2026

The annual decline was about $70 billion. Companies are writing off billions in A.I. investments, taking advantage of tax cuts that President Trump signed into law.

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Watch: Did Tesla really just unveil a flying car?

Oct 16, 2026

Watch: Did Tesla really just unveil a flying car?

Tesla CEO Elon Musk showcased the vehicle at a facility owned by his SpaceX company, which helped develop the model.

China and Europe are building new connections in aerospace

Oct 16, 2026

China and Europe are building new connections in aerospace

China and Europe are building new connections in aerospace – from skies to stars. On the one hand, their deep industrial partnership is scaling global civil aviation to new heights. On the other hand, scientific collaboration is opening new possibilities for space exploration and deepening our understanding of the Sun-Earth system.

BizTalk | Exclusive interview with Former PM of Bosnia and Herzegovina

Oct 16, 2026

BizTalk | Exclusive interview with Former PM of Bosnia and Herzegovina

In this episode of BizTalk, CGTN's Guan Xin speaks with Zlatko Lagumdzija, former prime minister of Bosnia and Herzegovina, about China's development and its role in global governance.

When Will the Fed Move on Rates?

Oct 16, 2026

When Will the Fed Move on Rates?

Kevin Warsh, the central bank’s chairman, suggested he wouldn’t push to raise borrowing rates this month. But persistent inflation may force the Fed’s hand.

Banks expect to be hit with higher taxes in Budget

Oct 16, 2026

Banks expect to be hit with higher taxes in Budget

Senior banking executives have told the BBC they expect to be "on the menu" in the chancellor's Budget tax later this month.

Foreign diplomats explore Ningxia's specialty industries

Oct 16, 2026

Foreign diplomats explore Ningxia's specialty industries

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BizDataDive: China steps up talent training and skills development

Oct 16, 2026

BizDataDive: China steps up talent training and skills development

China has prioritized talent training and workforce skill development in recent years, achieving both impressive quantity and a high degree of quality in personnel trained.

Feel Like You’re Overpaying for Hotels? Blame Expedia, a New Lawsuit Says.

Oct 16, 2026

Feel Like You’re Overpaying for Hotels? Blame Expedia, a New Lawsuit Says.

The booking giant is accused of breaking federal antitrust laws and forcing millions of customers to overspend on stays by as much as 30 percent.

Tesla Debuts 2026 Roadster ‘Flying’ Electric Sports Car

Oct 16, 2026

Tesla Debuts 2026 Roadster ‘Flying’ Electric Sports Car

Elon Musk’s company and other automakers, like Jaguar and Bentley, are trying to sell very expensive electric cars to people who usually prefer gasoline-fueled luxury and performance.

Trump Hasn’t Lowered Drug Prices for These Voters

Oct 16, 2026

Trump Hasn’t Lowered Drug Prices for These Voters

President Trump has been promoting his efforts to reduce drug prices, but many Americans have not seen relief from rising costs for prescriptions and insurance premiums.

Tim Cook: I'm awestruck by China's dynamism, vibrancy & optimism

Oct 16, 2026

Tim Cook: I'm awestruck by China's dynamism, vibrancy & optimism

Tim Cook was bursting with appreciation for China during his recent visit. Apple's executive chairman spoke in glowing terms about China's dynamism and vibrancy, reserving special praise for its AI ecosystem and how much optimism for the future it was inspiring.

Dubai Chambers Chairman upbeat on China-Dubai trade ties

Oct 16, 2026

Dubai Chambers Chairman upbeat on China-Dubai trade ties

Dubai is optimistic about the future of trade with China, said Sultan bin Saeed Al Mansoori, chairman of Dubai Chambers, in an interview with CGTN.

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