Sign In
Free Newsletter
Elon Musk in line for $1 trillion pay package if Tesla hits aggressive goals over next 10 years
Tesla asks investors to approve a $1T pay deal for Elon Musk, tied to hitting market cap, production, and delivery milestones by 2035.
Justice Department probes mortgage fraud claims against Lisa Cook of Federal Reserve, AP source says
The DOJ issued subpoenas in a mortgage fraud probe tied to Fed Governor Lisa Cook, who faces a Trump push to remove her from the board.
Trump Fed pick Stephen Miran plans to keep White House job
Fed nominee Stephen Miran plans to keep his White House role, fueling Democratic criticism.
Trump-backed bitcoin company begins trading on Nasdaq
American Bitcoin, backed by Donald Trump Jr. and Eric Trump, debuts on Nasdaq after a merger, marking a milestone for crypto in U.S. markets.
US job openings slip in July, adding to evidence that the American labor market is cooling
Job openings slipped to 7.2M in July, down from 7.4M in June, signaling a cooling labor market as layoffs rose and quits held steady.
Families of Boeing crash victims to make potential final plea for criminal prosecution
Families of 737 Max crash victims push for prosecution as a Texas court reviews Boeing’s felony conspiracy charge tied to deadly crashes.
Mystery surrounds $1.2 billion Army contract to build huge detention tent camp in Texas desert
Trump’s administration grants a $1.2B contract to a small Virginia firm to build the nation’s largest immigration detention camp at Fort Bliss.
Activist investor takes a $4 billion stake in PepsiCo, seeing a path to revive sales
Elliott Investment Management disclosed a $4B stake in PepsiCo, urging changes to revive growth and profitability in its core U.S. business.
Kraft Heinz to split a decade after megafood merger
Kraft Heinz will split into two firms by 2026: one with Heinz, Philadelphia and Kraft Mac & Cheese, the other with Oscar Mayer, Singles and Lunchables.
Trump cancels $679M in funding for offshore wind projects
The Transportation Department on Friday canceled $679 million in federal funding for a dozen offshore wind projects, the latest attack by the Trump administration on the reeling U.S. offshore wind industry.
Trump ends duty-free rule for imports under $800
Imports under $800 no longer enter duty-free after Trump order, forcing new taxes on small parcels and disrupting global shipping services.
Key US inflation gauge holds mostly steady though core inflation ticks higher
The Fed’s preferred inflation gauge held at 2.6% in July, though core inflation ticked up, keeping rates steady despite Trump’s tariffs.
