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Treasury yields jump on prospect of U.S. having to refund tariff money; 30-year yield tops 4.98%
U.S. Treasury yields were higher on Tuesday as investors looked ahead to a key jobs report on Friday and monitored…
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Microsoft offers U.S. government over $6 billion in savings on cloud services over 3 years
Microsoft is the latest company to discount the cost of its software to the General Services Administration.
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Klarna aims to raise up to $1.27 billion in U.S. IPO
Swedish fintech firm Klarna is aiming to raise up to $1.27 billion in its long-awaited U.S. initial public offering, according…
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Kraft Heinz to split into two companies
The deal will reverse much of the $46 billion merger envisioned by Warren Buffett's Berkshire Hathaway and private equity firm…
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Wegovy trial result gives boost to Novo Nordisk amid U.S. market woes
Novo Nordisk has been swept up in uncertainty around U.S. tariffs and Washington's push to get firms to lower drug…
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Plane carrying EU leader hit with suspected Russian GPS interference
The European Union said Russia was suspected of jamming the GPS system of a plane carrying European Commission President Ursula…
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An Iowa nuclear plant is the next contender to restart, spurred by AI data center demand
The Duane Arnold nuclear plant in Iowa shut down in 2020, but could come back online to support growing power…
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Trump keeps threatening to punish Putin. Here’s what’s holding him back
U.S. President Donald Trump says he'll punish Russia if Moscow doesn't agree to peace talks with Ukraine. Yet, he hasn't…
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Here’s what it really means for Trump to get control of the Federal Reserve board
Since taking office in January, Trump has placed the Fed directly in the crosshairs of executive power.
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The man behind OpenAI’s global expansion and its effort to win the enterprise
OpenAI is expanding globally and building an enterprise business that’s fueling tension with its biggest backer and cloud partner, Microsoft.
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Global week ahead: Welcome to September, Wall Street’s least-loved month
We're two-thirds of the way through the third quarter, and corporate earnings — along with macro uncertainty — have revealed…
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Trump tariffs that are voided by — and ones that are safe from — Friday’s appeals court ruling
If the Supreme Court upholds the ruling, President Donald Trump would lose some, but not all, of his broad tariff…
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CDC asks all staff to return to office Sept. 15, five weeks after shooting at headquarters
The internal announcement comes at a tumultuous time for the CDC and its workforce, which is still reeling from the…
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Most Trump tariffs ruled illegal by appeals court, dealing major blow to trade policy
The appeals court stayed its ruling until Oct. 14, giving the Trump administration time to ask the Supreme Court to…
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Spirit Airlines files for Chapter 11 bankruptcy protection for the second time in a year
Spirit Airlines filed for bankruptcy protection again, just months after the budget carrier came out of Chapter 11 protection earlier…
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‘AI may eat software,’ but several tech names just wrapped a huge week
MongoDB, Pure Storage and Snowflake all touted artificial intelligence in earnings reports this week.
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Meta changes teen AI chatbot responses as Senate begins probe into ‘romantic’ conversations
Sen. Josh Hawley, R-Mo., said he was launching an investigation into Meta following a damning Reuters report about the company's…
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Fate of Fed Gov. Lisa Cook still up in the air after court hearing on Trump firing bid
Lisa Cook's lawyer said "crazy midnight tweets" by housing official Bill Pulte about alleged mortgage fraud do not give President…