Saturday, July 11, 2026
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Business

Business news, markets, and economy

Walmart plans price cuts using tariff refunds as shoppers get skittish
Business

Walmart plans price cuts using tariff refunds as shoppers get skittish

Now that the U.S. government must refund most tariffs, Walmart says it might put its refund money toward lowering store prices. Executives say the cost of gas h...

Spencer Pratt is 'winning the internet,' but can he become mayor of Los Angeles?
Business

Spencer Pratt is 'winning the internet,' but can he become mayor of Los Angeles?

Pratt, a former reality TV star, is flooding social media with edgy humor, AI slop and combative rhetoric as a way of grabbing attention and winning the vote of...

U.S. government to drop tax claims against Trump in broadening of IRS settlement
Business

U.S. government to drop tax claims against Trump in broadening of IRS settlement

As part of the settlement agreement, the U.S. is "forever barred and precluded" from examining or prosecuting President Trump, his sons and the Trump organizati...

Supermarkets 'encouraged to cap food prices' by government
Business

Supermarkets 'encouraged to cap food prices' by government

Supermarkets in the UK are being encouraged by the government to introduce price caps on key products, such as eggs, bread and milk, in return for the easing of...

Minnesota becomes first state to ban prediction markets
Business

Minnesota becomes first state to ban prediction markets

While dozens of states have taken legal action against the controversial industry, Minnesota is the first state to pass a law making it a felony for companies l...

The missing men of the American marriage market
Business

The missing men of the American marriage market

A new study suggests the growing educational and economic divide between men and women is reshaping marriage and family life in America — leaving many women wit...

Jury dismisses all claims in Elon Musk's lawsuit against OpenAI CEO Sam Altman
Business

Jury dismisses all claims in Elon Musk's lawsuit against OpenAI CEO Sam Altman

Musk had sought to oust Altman from his leadership position over claims that he and others breached their duty to OpenAI's original nonprofit mission and unjust...

NPR trims jobs in newsroom overhaul as it confronts era without public funding
Business

NPR trims jobs in newsroom overhaul as it confronts era without public funding

NPR is offering buyouts to journalists as it overhauls its newsroom, with the threat of layoffs to follow. Two recent gifts totaling $113 million are primarily...

Why catching insider trading is so tricky nowadays, and just how helpful is it for kids to sleep in?
Business

Why catching insider trading is so tricky nowadays, and just how helpful is it for kids to sleep in?

Millions of dollars more have been made through eerily well-timed bets on prediction markets like Polymarket. We look at why they're so hard to police. And, a n...

'I'm a tattoo artist: This is what we earn - and the most common mistake people make'
Business

'I'm a tattoo artist: This is what we earn - and the most common mistake people make'

If you've ever spent your morning commute daydreaming about starting afresh with your career, this feature is for you. Each Monday, we speak to someone from a d...

How a CEO and Trump donor is weaponizing tariffs against his rivals
Business

How a CEO and Trump donor is weaponizing tariffs against his rivals

Cambria CEO Marty Davis has successfully asked the U.S. government to put tariffs on quartz. His business competitors are crying foul.

New York Magazine reviewing work of writer facing plagiarism allegations
Business

New York Magazine reviewing work of writer facing plagiarism allegations

The high-profile writer, who has written a forthcoming book about New York Mayor Zohran Mamdani, is being investigated by the magazine after being called out fo...

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