Business news

Business news • Aug 07

Why the Fed’s ambiguity is a Treasury problem

The U.S. Treasury might have to borrow $1.45 trillion more than it has already baked into its schedule over the next two fiscal years.

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Business news • Aug 07

New Mexico court orders Meta to pay additional $567M in child safety case

A New Mexico Court judge on Thursday ordered Meta to pay a fine of $567 million, on top of the $375 million levied in March, in a case regarding social...

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Business news • Aug 07

In AI-obsessed Silicon Valley, live commerce platform Whatnot just notched a new funding round valuing it at $20 billion

The live commerce platform exclusively told Fortune it recently raised its $545 million Series G, almost doubling Whatnot's valuation from $11.5 billion in...

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Business news • Aug 07

Jobs Report Poses New Test for Warsh and the Fed

Friday's jobs report comes as investors increasingly expect the Federal Reserve to begin raising interest rates as soon as next month.

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Business news • Aug 07

Ford’s new electric pickup will cost $28,350. It’s an extremely expensive bet on a very cheap truck

Ford is the undisputed global leader in pickup trucks. The F-Series is the best-selling vehicle in the US – of any kind – since 1981.

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Business news • Aug 07

China is gaining ground in AI. But the U.S. still has a major advantage

Chinese AI companies have made recent leaps in closing the performance gap with U.S. frontier labs.

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Business news • Aug 07

Tish James, Kathy Hochul's pursuit of Kalshi raises questions about why they're ignoring Polymarket

State regulators taking aim at prediction markets for regulation isn't new, but according to Kalshi, what is new is New York singling out its business as an...

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Business news • Aug 07

A 27 year old Dubai billionaire has become the world's youngest superyacht owner after buying the seized Amadea from the United States government at a $138 million discount, and the first thing he did was convert the helipad into a pickleball court

That someone would buy the $325 million Amadea only because it came with a hefty $138 million discount does not seem like a good enough reason.

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Business news • Aug 07

Solar stocks shine after Trump extends China tariffs to polysilicon products

Solar stocks rose in premarket trading President Donald Trump announced fresh import restrictions on polysilicon products.

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Business news • Aug 07

Who is liable when AI goes rogue? Lawyers see new risks

Aug 7 (Reuters) - Major artificial intelligence developers have reported cases of their autonomous AI models breaching other companies' cyber infrastructure...

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Business news • Aug 07

China’s exports slow slightly in July despite robust demand for high-tech products

China has reported its exports slowed slightly in July from the month before despite strong growth in demand for high-tech electronics and vehicles.

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Business news • Aug 07

'Asimov was right' about rules for robots, says ex-US Cyber Director

Humans will get the AI models they deserve. Jessica Lyons Jessica Lyons Cybersecurity Editor. Published Fri 07 Aug 2026 // 10:03 UTC.

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Business news • Aug 07

Wall St Week Ahead: Inflation data to test record-setting US stocks, Fed rate views

NEW YORK, Aug 7 (Reuters) - A sharp technology-led rally that has lifted the U.S. stock market to record peaks will be tested next week by ​fresh inflation...

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Business news • Aug 07

From Milk to Snack Foods, More Products Are Going 'Regenerative'

(Bloomberg) -- When Michael Ham first began handing out samples of his company's tea to Whole Foods shoppers in 2024, explaining that it was grown using...

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Business news • Aug 07

Fear and backlash build over smart glasses and privacy

From courtrooms to strip clubs, backlash is building against Meta's latest smart glasses as a disturbing social media trend takes hold.

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Business news • Aug 07

Kalshi and Polymarket bets on clinical trials criticized as 'ghastly'

Researchers warn betting on clinical trials could incentivize insider trading and interfere with drug development. But Kalshi and Polymarket say they...

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Business news • Aug 07

Court orders Instagram and Facebook's Meta to pay $567M to address kids' mental health online

A New Mexico court has ordered Instagram and Facebook parent company Meta to pay $567 million to address harms to young people from its platforms.

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Business news • Aug 07

Illinois Lawmaker Presses for Consumer Paybacks As Trump Administration Hits $100B in Tariff Refunds

The Trump administration has refunded about $100 billion in revenue from its dismantled “reciprocal” tariff scheme—about 60 percent of the total owed to...

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Business news • Aug 07

Starlink mobile threat has been exaggerated, says T-Mobile CEO

The chief executive of T-Mobile said the threat posed to mobile operators from satellite companies such as Elon Musk's Starlink has been exaggerated and...

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Business news • Aug 07

The Trade Desk is betting part of its recovery on measurement nobody can argue with

The Trade Desk missed its second-quarter forecast. Advertisers buying on price, not value, are a big part of the reason why.

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