Business news

Business news • Jul 01

Big Tech Is Spending Billions to Not Employ People

Some of the world's richest tech companies are spending huge sums to lay off employees. Business Insider reviewed the latest annual reports from some of the...

6 0 0

Business news • Jul 01

Gold losses ease after worst quarter in 13 years as interest rate fears hit bullion

Gold fell further on Wednesday, with bullion continuing its slide after suffering its worst quarter since 2013.

6 0 0

Business news • Jul 01

Tech giants lose $2 trillion in SpaceX’s IPO month: ‘The valuations were unsustainable’

Big technology companies suffered a reality check in June that led to a sharp stock market decline. The so-called Magnificent Seven (Nvidia, Apple,...

5 0 0

Business news • Jul 01

Brent Surplus Is Spooking the Bulls

Market Analysis by covering: US Dollar Japanese Yen, Brent Oil Futures. Read 's Market Analysis on Investing.com.

5 0 0

Business news • Jul 01

Mega Millions Jackpot Rises To $542 Million—Here’s What The Winner Could Take Home After Taxes

The Mega Millions jackpot soared to $542 million—becoming the biggest lottery prize of the year so far—after no tickets matched all six numbers drawn on...

6 0 0

Business news • Jul 01

Japan's yen at a 40-year low could become America's bond-market problem

Japan's yen has tumbled to a nearly 40-year low against the dollar, fueling expectations that authorities could intervene to support the currency.

7 0 0

Business news • Jul 01

White House drops restrictions on Anthropic AI models after two-week ban

The company can once again provide its powerful Mythos and Fable AI models to customers after the Trump administration lifted export controls that were...

6 0 0

Business news • Jul 01

Big egg producers artificially inflated prices as Americans struggled to buy groceries, must now pay $3.3M: DOJ

Rigged egg-flation. Three of the US's major egg producers had been artificially inflating prices of the shelled food — spiking Americans' grocery bills for...

7 0 0

Business news • Jul 01

Employers who laid off workers citing AI are already starting to regret it

Companies are realizing artificial intelligence can't do everything after all, prompting them to rehire employees to grow their businesses.

7 0 0

Business news • Jul 01

Revealed: How much Donald Trump made from crypto last year

Donald Trump earned more than $1.4bn from his family's cryptocurrency ventures last year - all while pursuing policies to benefit the industry.

126 2 0

Business news • Jul 01

Hawaii due to receive 1M eggs from price-fixing settlement

Hawaii may be getting 1 million eggs due to a settlement with three of the nation's largest producers over illegal price fixing, according to the state...

26 2 0

Business news • Jul 01

Egg producers will pay $3.3m and donate 53 million eggs to settle price fixing claims

Cal-Maine Foods, Versova, and Hickman's Egg Ranch were accused of a behind-the-scenes arrangement to “artificially inflate the daily price quotations for...

18 0 0

Business news • Jul 01

Trump’s income topped $2 billion in 2025, boosted by crypto, coin ventures

Almost 1000 pages of financial disclosure forms show that the president's earnings far outpaced his $600 million total income in 2024.

16 0 0

Business news • Jul 01

Stocks flat as traders digest Fed comments, oil falls

A gauge of stock markets ​around the world edged lower to start the quarter on Wednesday as the U.S. central bank head said inflation expectations have...

6 0 0

Business news • Jul 01

Anthropic says Trump administration lifted restrictions on some of its most powerful Claude AI models

Artificial intelligence giant Anthropic says the federal government lifted a set of restrictions on its powerful Claude Fable 5 and Mythos 5 models,...

6 0 0

Business news • Jul 01

Stock Market News, June 30, 2026: Nasdaq Advances, Climbs 21% for Quarter

U.S. stocks closed out a blockbuster quarter with fresh momentum. Major indexes marched to their best quarterly gains in years. The S&P 500 rose 15% for the...

8 1 0

Business news • Jul 01

AOL owner Bending Spoons raises $1 billion in IPO

Bending Spoons, a holding company for legacy tech brands like AOL and Eventbrite, priced its initial public offering at $29 on Tuesday night, above the...

6 0 0

Business news • Jul 01

Trump Pulled in at Least $2.2 Billion in 2025, Financial Disclosure Shows

President Trump reaped a stunning windfall in his first year back in the White House, including about $1.4 billion from his family's cryptocurrency...

7 0 0

Business news • Jul 01

U.S. Lifts Restrictions on Anthropic’s Most Powerful A.I. Models

The Commerce Department lifted restrictions on all of Anthropic's artificial intelligence models on Tuesday, allowing the company to bring its most powerful...

8 0 0

Business news • Jul 01

Yen slides to new 40-year low while Dow futures ease after strongest first half in five years: Live updates

The Japanese yen weakened to a fresh 40-year low against the dollar on Wednesday, while Dow futures slipped on Tuesday night after the 30-stock index posted...

6 0 0