Business
Business news, markets, and economy
Justice Dept. drops 'New York Times' subpoenas under pressure from judge
The Justice Department is dropping the subpoenas it filed demanding grand jury testimony and phone records from New York Times journalists after sharp questioni...
Trump to impose double-digit tariffs on dozens of countries
The United States will slap taxes of 10% to 12.5% on imports from 60 countries accounting for 99% of U.S. imports, charging that they have inadequately enforced...
'New York Times' alleges White House abuses legal system to intimidate reporters
The New York Times will argue in court Thursday that the White House is abusing the justice system to intimidate reporters over a story that angered President T...
A town renamed its festival 'AI Love Irondale Day.' Then came the comments
Irondale, Alabama rebranded its annual festival around AI, causing online backlash and then a return to the original name. Residents who attended the festival t...
Staying in a job for the health insurance? About 1 in 4 Americans do, a survey says
About 24% of U.S. employees stay in unwanted jobs just for health insurance, a report out Wednesday finds. Up significantly since 2021, the uptick in "job lock"...
Trump imposes 50% tariffs on Canadian goods
President Donald Trump on Monday imposed 50% tariffs on most Canadian goods, declaring that Canada has unfairly discriminated against American autos, alcohol an...
These men went to college in search of stable careers. They found it in nursing
Only about 1 in 8 nurses are men, but their share is growing. A strong job market for nurses and sustained efforts to recruit men into the field have made a dif...
Court ruling freezes Paramount-Warner Bros. merger for now
Paramount's owners were hoping they'd be firmly in control of rival Warner Bros. Discovery by the end of this week. Monday's temporary restraining order puts th...
Thames Water lenders plot legal fight with Burnham over nationalisation
The group of investors engaged in a rescue bid for Thames Water are plotting a multibillion pound legal battle with Andy Burnham's new government if it forcibly...
Kalshi says it's not a sportsbook even as World Cup bets surge
The betting site Kalshi emerged as a dominant sports betting platform during the World Cup. But the company avoids billions of dollars in taxes by insisting it...
Federal Reserve looks for 'secret sauce' behind a successful Wisconsin tool maker
For more than a century, Wisconsin's Snap-On Tool company has been producing high-end tools for professional mechanics. This week, the president of the Chicago...
Mystery bidder buys T. rex nicknamed 'Gus' for a record $50 million
A Tyrannosaurus rex fossil billed as one of the world's largest and most complete specimens was sold for a record $50.1 million Tuesday to a mystery bidder.