Business News
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Film financier Jason Cloth indicted in alleged $100M Ponzi scheme tied to movie funding
Film producer Jason Cloth, known for financing movies like “Joker” and “Ghostbusters: Afterlife,” has been indicted on wire fraud charges
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Trump announces a $22.5B makeover of Dulles airport that will eliminate the 'people movers'
President Donald Trump has announced a $22.5 billion renovation of Washington Dulles International Airport
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Senators still working with SEC, Big Ten on thorny issues involved in college sports bill
Senate negotiators are working to resolve thorny differences with leaders of the Southeastern and Big Ten Conferences over revisions to a bill designed to regulate college sports that sponsors want a vote on before the chamber goes on summer break next week
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Starbucks reports strong quarterly sales across customer income levels and times of day
Starbucks has reported better-than-expected quarterly revenue and profit
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Elon Musk's xAI sues Minnesota over its first-in-the-nation law banning 'nudification' technology
Elon Musk’s company xAI is suing Minnesota over the state’s first-in-the-nation law that bans “nudification” technology on websites and apps
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Meta shares drop as Q2 profit declines due to legal expenses and severance costs
Meta Platforms says its second-quarter profit declined even as revenue beat Wall Street’s expectations, as legal expenses and severance costs for recent layoffs weighed on its results
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Fed leaves interest rate unchanged but with 3 dissents as Warsh praises 'good family fight'
The Federal Reserve left its key interest rate unchanged Wednesday despite persistently high inflation and a spike in energy prices caused by the Iran war
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Oil prices jump, while the Dow drops more than 1,100 as sinking AI stocks drag Wall Street lower
Oil prices got back to jumping, while sinking technology stocks dragged Wall Street lower amid uncertainty about what the Federal Reserve will do to get high inflation under control
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Federal Reserve leaves interest rate unchanged in 9-3 vote, but a hike is widely expected at next meeting in September
Federal Reserve leaves interest rate unchanged in 9-3 vote, but a hike is widely expected at next meeting in September
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Wisconsin's appeals court overturns ruling that had restored collective bargaining power
Wisconsin public worker and teachers unions have suffered a legal setback as they seek to regain the collective bargaining rights they lost 15 years ago
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