Finance
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Judge rejects Musk’s attempt to block OpenAI’s for-profit transition
A federal judge in Northern California denied Elon Musk’s motion for an injunction that would have halted OpenAI’s planned transition…
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Trump: 25 percent tariffs on Canada and Mexico will go into effect Tuesday
President Trump said Monday that the 25 percent tariffs on Canada and Mexico will officially go into effect Tuesday, announcing…
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The IRS is drafting plans to cut as much as half of its 90,000-person workforce
The IRS is drafting plans to cut its workforce by as much as half through a mix of layoffs, attrition…
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46 percent say Trump changing economy for the worse
More Americans think that President Trump is changing the U.S. economy for the worse, according to a Monday survey. The…
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China will increase its defense budget 7.2% this year
China said Wednesday it will increase its defense budget 7.2% this year, as it continues its campaign to build a…
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SEC says meme coins are not securities
The Securities and Exchange Commission issued guidance on Thursday saying it does not view most meme coins, which are crypto…
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Microsoft hangs up on Skype: Service to shut down May 5, 2025
After kickstarting the market for making calls over the internet 23 years ago, Skype is closing down. Microsoft, which acquired…
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Trump calls for creation of a ‘crypto strategic reserve’
President Donald Trump is throwing his support behind the creation of a federal reserve of cryptocurrency assets — he initially…
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X in talks to raise money at a $44B valuation
Elon Musk’s X is in talks to raise money from investors at a $44 billion valuation, Bloomberg News reports. Musk…
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Trump says ‘inflation is back’: ‘I had nothing to do with it’
President Donald Trump is seeking to distance himself from a rise in inflation, arguing that the uptick had “nothing to…
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