Business news

Business news • May 25

US’s big bet on quantum computing may not be entirely legal

Last week, the US government announced $2 billion in investments in quantum computing companies, allocating $100 million each to a range of startups in...

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Business news • May 25

A Louisiana state senator helped secure Meta’s largest datacenter. Then he sold the land beside it

Jay Morris denies experts' claims that he violated ethics rules over land deals near the site of Meta's Hyperion datacenter.

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Business news • May 25

Trump’s Trading Volume Just Jumped 10x and Topped All of Congress Combined

The Slate Money hosts opened their latest episode with a number that should make every investor sit up. President Trump's stock trading activity jumped...

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Business news • May 25

'Dirty little secret': Ted Cruz just said the quiet part out loud about Trump Accounts and Social Security privatization

Sen. Ted Cruz (R-Texas) said something the White House has spent months carefully avoiding: that Trump Accounts (1) — the new government savings program for...

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Business news • May 25

7 Brew brings coffee and congestion to Vadnais Heights

On weekend visits to the new 7 Brew Coffee in Vadnais Heights, there is plenty of time to decide on which of its 20,000-plus, infinitely customizable...

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Business news • May 25

Bond traders are surrendering to inflation fears. It's raising the stakes for Washington

Bond markets are betting that inflation is here to stay, elevating the stakes for policymakers steering an economy under mounting strain.

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Business news • May 25

Social Security Benefits: Payments of up to $5,181 Arriving This Week

Millions of Americans receiving Social Security benefits are set to receive their next monthly payment this week, with some retirees collecting checks worth...

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Business news • May 25

Student Loan Repayments Are Being Overhauled. What Borrowers Should Know.

Millions of student loan borrowers will soon need to choose a new repayment plan for their federal loans — otherwise, the government will make that choice...

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Business news • May 25

Is the Handbag Over?

Are women's handbags becoming obsolete? I notice they are not as popular as they used to be. Some very powerful professional women do not use them,...

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Business news • May 25

Diners are staying home, so this restaurant lets patrons pay what they want

Americans are increasingly passing up on dining out. So one restaurant is allowing diners to pay what they like for their food.

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Business news • May 25

Why the SpaceX IPO is the talk of Wall Street and beyond

Elon Musk's rocket company is expected to make the biggest public debut in history.

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Business news • May 25

Uh-Oh! The Fed Meeting Minutes Point to a Big Shift in Monetary Policy That May Upend a Historically Pricey Stock Market.

Although Jerome Powell is no longer Fed chair (he still serves on the Board of Governors), his final Federal Open Market Committee (FOMC) meeting on April...

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Business news • May 25

The pig in the python: Baby Boomers are strangling the economy they built by refusing to move or retire

In 1974, New York Times humorist Russell Baker identified a “pig in the python” working its way through the economy: the bulge of 76 million Baby Boomers...

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Business news • May 25

Anthropic to release Mythos-class models to the public

AI flaw-finder still under lock and key for now while company figures out guardrails, but extends access to more users including governments.

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Business news • May 25

FBI Warns Microsoft Users—New Attack Gains Access To Accounts

The FBI issued a warning on May 21, as a new AI-powered attack enables "threat actors to obtain Microsoft 365 access tokens and bypass multi-factor...

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Business news • May 25

TrapDoor Supply Chain Attack Spreads Credential-Stealing Malware via npm, PyPI, and CratesIO

A new coordinated cross-ecosystem software supply chain attack campaign has targeted npm, PyPI, and Crates.io to distribute credential-stealing malware.

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Business news • May 25

Huawei plans new smartphone chips this fall as rivalry with Nvidia and Apple heats up

Chinese telecom giant Huawei announced Monday a new way of designing chips that improves their capabilities, despite U.S. restrictions on the company.

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Business news • May 25

Middle East crisis live: oil prices hit two-week low amid optimism that US and Iran are close to peace deal

Donald Trump says 'if I make a deal with Iran, it will be a good and proper one' as Iranian state media claims US government obstructing some clauses in...

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Business news • May 25

Memorial Day sales are live: Shop the best deals from Apple, Kate Spade, Adidas, Patagonia and more up to 75% off

With deep discounts on everything from bedding and wardrobe essentials to patio furniture and beauty finds, these Memorial Day deals are legit.

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Business news • May 25

Global shares gain and oil prices fall after Trump says talks on ending the war are proceeding

Asian shares are mostly higher and oil prices have plunged after U.S. President Donald Trump said talks on ending the war with Iran are progressing.

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