Business
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Richest US households — including Elon Musk, Jeff Bezos — hold record-breaking share of total wealth: data
The 19 richest US households – which include titans of industry like Elon Musk, Jeff Bezos and Mark Zuckerberg, Bill Gates and Warren Buffett – saw...
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Meta’s oversight board rips Zuckerberg’s move to end fact-checking: ‘Potential adverse effects’
The board, which operates independently but is funded by Meta, cited concerns that the company had made the changes “hastily, in a departure from...
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Elon Musk’s Neuralink could fetch $8.5B valuation: report
Neuralink has begun preliminary discussions with potential investors about the funding round, according to the report.
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Trump weighs slashing China tariffs to 50% to 65% to help ease tensions: report
The White House is considering several options to lower tariffs on Beijing as it seeks to ease heated trade tensions, according to a report.
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Goldman shareholders OK $160M pay packages for David Solomon, John Waldron despite opposition
Proxy adviser Glass Lewis had earlier recommended investors cast vote against the compensation plans, citing the bank's "continued inability to...
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Wall Street rallies on Trump's softer approach to Powell, China
Wall Street rallied Wednesday after President Trump softened his rhetoric on Fed Chairman Jerome Powell and China.
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IRS turmoil: Leadership churn, worker exodus and threats to groups' tax-exempt status roil agency
The height of tax season was the height of turmoil at the IRS. The agency shuffled through three acting directors over the course of a week.
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The European Union fines Apple 500 million euros and Meta 200 million in separate digital cases
European Union watchdogs fined Apple and Meta hundreds of millions of euros Wednesday as they stepped up enforcement of the 27-nation bloc's...
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EVs, tariffs in the spotlight as Chinese automakers take leading role at Shanghai auto show
Leading automakers are showcasing their latest designed-for-China and the world models at the Shanghai auto show this week, fighting not to be...
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Gingrich says Trump note shows he wants to avoid raising taxes
Former House Speaker Newt Gingrich said President Trump told him he has no plans to raise taxes on anyone.
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Treasury Secretary Scott Bessent rips IMF over woke ‘mission creep’
“It devotes disproportionate time and resources to work on climate change, gender, and social issues,” Bessent said.
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Shipping customers have canceled 30% of US orders from China amid tariff chaos, logistics giant says
Meanwhile, the firm saw a spike in demand for orders from Thailand, Cambodia and Vietnam.