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Business
Elon Musk’s America Party Escalates Clash with Trump, Rattles Tesla Investors
Elon Musk has launched the America Party to challenge the U.S. political duopoly and shake up Congress. Trump calls it…
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Business
Trump’s Pharma Tariffs Threaten Supply Chains, Raise Costs Ahead of 2026
President Trump’s latest round of tariffs, targeting copper and imported pharmaceuticals, signals a hardline shift in U.S. trade policy with…
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Business
FICO Stock Tumbles as Fannie Mae and Freddie Mac Embrace Rival Credit Score
FICO shares plunged over 10% after Fannie Mae and Freddie Mac announced they will allow lenders to use VantageScore 4.0.…
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Business
SoFi Stock Hits Post-IPO Highs as Profitability Takes Center Stage
SoFi Technologies (NASDAQ: SOFI) just posted its best quarter yet, driving shares to their highest close since its IPO. With…
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Business
Rishi Sunak Returns to Goldman Sachs as Senior Adviser After Stepping Down as UK PM
Rishi Sunak, the UK’s former Prime Minister, has joined Goldman Sachs as a senior adviser—marking a return to his financial…
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Business
Novartis Wins Swiss Approval for First-Ever Malaria Drug for Newborns
Novartis has secured Swiss approval for Coartem Baby, the world’s first malaria drug formulated for newborns under 4.5kg. The treatment…
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Business
Trump’s $3 Trillion ‘Beautiful Bill’ Reshapes Taxes, Cuts Safety Nets, and Bets Big on Enforcement
President Trump’s One Big Beautiful Bill Act rewrites the U.S. tax and welfare code, with deep implications for middle- and…
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Business
SPY Drops to $620 as Tariff Jitters Hit Wall Street
The SPDR S&P 500 ETF Trust (SPY) slid to $620 as U.S. markets reeled from a new wave of tariffs.…
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Business
Bondholders Challenge $7.4B Citgo Bid by Gold Reserve as Court Showdown Nears
Gold Reserve’s $7.4 billion bid for Citgo’s parent may face collapse as bondholders object and competing bidders offer more comprehensive…
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Business
CoreWeave Acquires Core Scientific in $9 Billion Stock Deal to Lock Down AI Infrastructure
CoreWeave is buying Core Scientific for $9 billion in stock, bringing GPU capacity and power infrastructure under one roof. The…
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