Business
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Rich Americans will flee NY, high-tax states even with higher SALT deduction: Goldman report
With Congress considering changes to the SALT cap, Goldman Sachs' analysis found that high-income earners are continuing to leave high-tax states...
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Trump confirms US ‘deal’ with China after intense trade negotiations
President Trump announced early Wednesday that the US had reached a trade agreement with China following two days of negotiations in London. “Our...
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Inflation rose slightly last month as grocery prices ticked higher
U.S. inflation picked up a bit last month as food costs rose, though overall inflation remained mostly tame.
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House Republicans get vexed about cutting public broadcasting, anti-AIDS programs
House Republicans are raising concerns about cuts to public broadcasting and an AIDS prevention program that are part of a $9.4 billion package of...
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U.S., China reach framework deal to relieve export controls
U.S. negotiators said Wednesday they reached a "handshake" agreement to loosen China's restrictions on rare earth minerals, but they must get...
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U.K. government hopes to regain political initiative as Treasury chief outlines spending plans
Britain's Labour government hopes to regain the political initiative Wednesday when Treasury chief Rachel Reeves sets out her spending plans for...
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Elon Musk backs off from feud with Trump, saying he regrets social media posts that 'went too far'
Elon Musk stepped back from his explosive feud with U.S. President Trump, writing on X that he regrets some of his posts about his onetime ally and...
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Appeals court says Trump's 'Liberation Day' tariffs can move forward
A federal appeals court said Tuesday that President Trump's "Liberation Day" tariffs can remain in effect while the legal battle over them rages,...
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House GOP lawmakers emphasize impact on voters' wallets from Trump's tax cuts
Some House Republican lawmakers are highlighting for voters the benefits of tax cuts in President Trump's "big, beautiful bill," and warning that...
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Google expands voluntary buyout offers, orders some remote workers to return to office amid AI race
Google is offering a fresh round of buyouts to some employees and cracking down on remote workers as part of its ongoing efficiency drive, the...
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Elon Musk slates launch of Tesla robotaxi service in Austin, Texas for June 22
The timing for the Austin, Texas launch could change as Tesla is being “super paranoid about safety,” Elon Musk said.
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US stocks rise on China trade deal, tame inflation data despite Trump’s tariffs
The Dow Jones Industrial Average ticked up 59 points, or 0.1%, by approximately 10:15 a.m. ET.