BUSINESS
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Trump’s tax cut could mean a nearly half-trillion-dollar cut to Medicare starting in 2027, CBO warns
The federal budget deficits caused by President Donald Trump’s tax and spending law could trigger automatic cuts to Medicare if Congress does…
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Elon Musk broadens his long-running feud with OpenAI’s Sam Altman by bringing in a third party: Apple
Elon Musk’s long-standing battle with OpenAI has a new participant: Apple. On Tuesday, Apple found itself the latest target of…
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This unprecedented shift in unemployment suggests AI could strand white-collar knowledge workers in a jobless recovery after the next recession
Businesses trying to do more with less have historically leaned on automation during recessions, but the advent of generative AI…
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Apple CEO Tim Cook’s $100 billion commitment to U.S. manufacturing came with a gift for Trump: a glass ‘Made in USA’ plaque mounted on 24-karat gold
As if a $100 billion promise to invest in U.S. manufacturing wasn’t enough, Apple CEO Tim Cook gave President Donald…
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Michael Saylor’s Strategy makes its third-largest Bitcoin purchase ever
Michael Saylor’s Bitcoin juggernaut is at it again, buying near the highs with the kind of capital-markets firepower no other…
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Stock market today: Dow sinks more than 500 points as job numbers shock Wall Street
More last-minute modifications to tariff rates and a disappointing July jobs report weighed heavily on investors on Friday. At the…
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Caitlin Clark’s WNBA rookie card sold for a record-breaking $660,000 at auction—over eight times her $76,000 salary
From eclipsing men’s viewership to selling out Nike collabs in minutes, the WNBA’s momentum is undeniable. Now Caitlin Clark’s memorabilia…
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Gwyneth Paltrow tackles Astronomer’s most common questions as ‘very temporary’ spokesperson — ‘OMG! What the actual f’
Astronomer showed it also has a sense of humor after its CEO and HR chief resigned amid fallout from a…
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Stock market records push Krispy Kreme, GoPro, Beyond Meat into meme-stock trading frenzy
As the stock market pushes into record territory and some companies trade at lofty levels, investors are once again looking…
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How one clause sparked Exxon-Chevron feud that turned personal
The 20-month feud between the Western Hemisphere’s two most powerful oil companies over the biggest offshore discovery in a generation…
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