Business news

Business news • Jul 01

Illinois minimum wage: Chicago, Cook County increases take effect Wednesday

The minimum wage increases for workers in Chicago and Cook County take effect Wednesday.

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Business news • Jul 01

Bending Spoons IPO Turns Italian College Pals Into Billionaires

Four former college friends who founded software rollup Bending Spoons SpA have emerged as Italy's youngest cohort of self-made billionaires.

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Business news • Jul 01

Data center company buys Project Marvel for $432M: Here’s what we know

What data center company will operate the massive development called Project Marvel planned for 1,600 acres in a rural pocket of Bessemer?

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Business news • Jul 01

What older adults need to know before taking a GLP-1 medication to lose weight

Starting Wednesday, millions of Medicare-qualifying adults will have access to popular medications for weight loss at deep discounts through a temporary...

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Business news • Jul 01

Lamborghini reveals new Urus performance hybrid SUV after ditching EVs

Lamborghini is calling the new Urus SE Performante the "fastest Super SUV in the world."

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Business news • Jul 01

Oil's wild first half of the year upended everything Wall Street expected

For the oil markets, the first half of 2026 has been a wild ride.

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Business news • Jul 01

Amazon fined $2.25M for withholding evidence from fraud victims

The U.S. Federal Trade Commission (FTC) says Amazon will pay a $2.25 million civil penalty to settle charges that it blocked identity theft victims' access...

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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...

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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.

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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,...

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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.

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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...

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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.

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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...

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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...

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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.

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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.

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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...

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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...

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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.

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