Business

Americans Are Asking: Could an Electric Car Finally Make Sense for Me?

Across kitchen tables and office conversations, a question is gaining new currency in America: could an electric vehicle finally make sense for me? With gasoline at $3.90 per gallon — the highest in nearly three years — and the Iran conflict showing no signs of quick resolution, the economics of electric transportation are being reconsidered by consumers who had previously been comfortable with conventional...

TikTok’s Billion-Dollar Government Toll: What the $10B Fee Reveals About Modern Power

The $10 billion fee attached to TikTok's ownership transition is not merely a financial curiosity — it is a window into how the Trump administration views the relationship between political power and economic reward. Oracle, UAE's MGX, and Silver Lake, the investors who acquired TikTok's US operations from ByteDance, are committed to paying this unprecedented sum in stages, with $2.5 billion already delivered to...

£2.5bn Steel Fund in Peril as Minister Admits “Hundreds of Millions” Already Spent

The £2.5 billion fund the government pledged for the steel industry's future is in peril, with Business Secretary Peter Kyle confirming "hundreds of millions...

Trailblazing Atlanta Fed President Bostic Announces Early Retirement

Raphael W. Bostic, a trailblazing figure who served as the first African American and openly gay president of a regional Federal Reserve bank, is...

$30 Billion Anchor: SoftBank Uses Nvidia Cash to Drop a Massive Bet on OpenAI

The $30 billion figure now stands as the new anchor of SoftBank’s strategy, a commitment so large it required the sale of its $5.8...

“Unfair” Advantage: US Bike and Can Makers Demand Global Tariffs

Citing an "unfair" advantage for foreign competitors, American companies like Guardian Bikes and Red Gold have petitioned the US government for new tariffs on...

Google’s Gemini: The $1B ‘Behind-the-Scenes’ Engine for Apple’s Siri

Google's Gemini AI is set to become the $1 billion-a-year "behind-the-scenes" engine for Apple's Siri. This deal, a major victory for Google, will embed...

“Total Size” of $1T Musk Pay Package Sparks Rejection from $17bn Shareholder

The "total size" of Elon Musk's proposed $1 trillion pay package has become the central point of contention, leading Norway's sovereign wealth fund to...

China’s Refiners Guessing After “Muddled” Trump-Xi Talks

The high-stakes meeting between Donald Trump and Xi Jinping has created a "muddle" for the global oil market. Chinese refiners were left guessing as...

The $100B Nvidia-OpenAI Deal: Proof of a Boom or a “Circular” Bubble

At the heart of the intense debate over Nvidia's new $5.05 trillion valuation is its landmark $100 billion deal with OpenAI. How one views...

APEC Summit in South Korea to Host Critical Trump-Xi Trade Talks

The Asia Pacific Economic Cooperation (APEC) summit in South Korea will be the venue for critical trade talks between President Donald Trump and President...

Elon Musk Blasts ‘Asinine’ Critics in $1 Trillion Pay Package Rant

A standard Tesla earnings call discussing Optimus robots and AI initiatives took a sharp turn into high drama. Near the 75-minute mark, CEO Elon...

Trump accuses Canada of supreme court ‘interference’ with ad

President Donald Trump has accused Canada of attempting to interfere with US supreme court hearings, citing this as the reason for terminating all trade...

GM Rides Wave of Policy Changes to Stronger Profit Outlook

General Motors is riding a wave of favorable policy changes toward a stronger profit outlook. The company's revised financial guidance projects adjusted core earnings...