Business news

Business news • May 25

Jeff Bezos, Grant Cardone call for an end to federal taxes

A nurse in Queens earning $75,000 a year hands over more than $12,000 in federal income taxes. That scenario is exactly what Jeff Bezos says the country no...

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Business news • May 25

Canada Tripling “Netflix Tax” on U.S. Streamers Draws Skepticism From Local Unions, Creatives

More money may squeezed from foreign digital platforms, but there's concern it won't subsidize dramas, docs and other content.

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Business news • May 25

'Symbolic about who's in charge': Lawmakers vote to crack down on Wall Street landlords

A popular policy to limit large institutional investors' ownership of housing is unlikely to impact most Americans. A sign is displayed outside a home for...

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Business news • May 25

Anthropic’s restricted Claude Mythos model may be coming to Claude Code

Anthropic appears to be preparing for the public rollout of the Mythos model, which was announced in April as a restricted model that poses major security...

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Business news • May 25

Final Social Security payment to arrive May 27: See who's eligible

Millions of beneficiaries are set to receive the last cheque of Social Security payments this week. The Social Security Administration is scheduled to issue...

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Business news • May 25

The creation of a new Murdoch empire

James Murdoch is taking over New York magazine and Vox, building a different media company than his father's.

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Business news • May 25

Michigan Cherry Farmers Are Selling Their Prize Orchards as Economic Pressure Grows

Known as the "Cherry Capital of the World," Traverse City, MI, is home to orchards that produce roughly 75% of the world's tart cherries.

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Business news • May 25

Amazon’s Memorial Day Sale Ends in a Few Hours With Up to 50% Off Headphones, Monitors, TVs, and More

Amazon's Deals of the Day are all set to make this Memorial Day one you'll never forget. Score huge discounts on top brands like Asus, Samsung, and Sony,...

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Business news • May 25

Mark Zuckerberg Boasts He Bled His Employees For AI Training Right Before Firing Them

The Meta boss just sacked 8000 staff, but not before having AI spy on their skills.

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Business news • May 25

The 15 best cities to live in 2026 all have one thing in common: they're cheaper

The best cities to live in 2026 are more affordable, smaller cities throughout the Midwest and Sun Belt.

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Business news • May 25

These underdogs are a big reason why S&P 500 profit growth is the fastest in nearly 5 years

The companies in the S&P 500 that are not part of the “Magnificent Seven” saw their fastest earnings growth in about five years in the first quarter of 2026...

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Business news • May 25

Can Local Outrage Over Data Centers Tilt the Midterms?

Artificial intelligence needs data centers, which are broadly unpopular and turning into a real issue that could impact the 2026 midterm elections.

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Business news • May 25

Toshifumi Suzuki, Who Made 7-Eleven a Giant in Japan, Dies at 93

Toshifumi Suzuki, the convenience store pioneer who built 7-Eleven into a fixture of daily life in Japan, died on May 18. He was 93.

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Business news • May 25

Oil prices slide on hopes of US-Iran peace deal

Trump said on Saturday that an agreement would include the reopening of the Strait of Hormuz, without giving further details.

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Business news • May 25

Seattle shoppers skeptical about Kroger promise to slash prices

Kroger, parent of Fred Meyer and QFC, promises to slash prices by changing how it resupplies its stores. Shoppers aren't holding their breath.

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Business news • May 25

Eli Lilly says Verve’s gene editor lowers cholesterol levels in early study

Eli Lilly said Monday that a high dose of its gene-editing therapy reduced cholesterol levels by 62% in participants in a clinical trial,...

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Business news • May 25

When are Social Security and SSI paid out in May 2026? Complete payment schedule

With just the one payment run still to go in May 2026, the Social Security Administration (SSA) is coming to the end of this month's benefits-distribution...

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Business news • May 25

One Job That Is Growing in the A.I. Era? Cybersecurity Experts.

Demand for security engineers has surged as artificial intelligence generates a glut of new code and models like Anthropic's Mythos create new concerns.

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Business news • May 25

Elon Musk’s best friend could make more than $100 billion from SpaceX’s IPO. His firm is also owed billions by SpaceX

Antonio Gracias' Valor entities hold a massive SpaceX stake—and are on the other side of nearly $20 billion in AI hardware financing deals guaranteed by the...

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Business news • May 25

Japan's Takaichi unveils $19 billion extra budget, reassures on bond issuance

Japan will build up an extra $19 billion in reserves ‌to subsidise fuel costs and help tackle cost of living pressures, Prime Minister Sanae Takaichi said...

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