Business news

Business news • Aug 02

Oil prices drop after Trump orders US forces to hold off on new strikes against Iran

Oil prices fell sharply Sunday after President Donald Trump said he would order U.S. forces to hold off on new strikes against Iran.

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Business news • Aug 02

Attendants' Strike Upends WestJet

Canadians trying to travel over one of the busiest weekends of the year have found themselves stuck in the middle of a labor showdown at WestJet.

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Business news • Aug 02

Minnesota’s Nudification Ban Is Now in Effect Despite xAI’s Efforts to Stop It

A remarkable new law went into effect in Minnesota on Saturday that bans nudification apps, AI-based or not. It penalizes the app provider by enabling...

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Business news • Aug 02

Powerball Jackpot Grows to $748 Million—Here’s How Much A Winner Could Take Home After Taxes

The Powerball jackpot grew to $748 million after no winning tickets were drawn on Saturday night, however a potential winner would ultimately take home far...

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Business news • Aug 02

$1 million richer: Maryland gets second straight Powerball winner

Someone who bought a Powerball ticket at a 7-Eleven in College Park, Maryland, is now $1 million richer.The ticket matched the first five numbers in Aug.

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Business news • Aug 02

Powerball ticket worth $809K sold at LA gas station as jackpot rises to $748M

Three tickets with five numbers, but missing the Powerball number, were sold in California, according to the Multi-State Lottery Association.

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Business news • Aug 02

Trump stands to profit off US policy announcements by selling fast access to his social media posts

Investors looking to get a jump on White House announcements will be able to buy sneak peeks starting Saturday as a Trump family company starts selling...

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Business news • Aug 02

‘Nostradamus of AI’ Leopold Aschenbrenner didn’t have the crystal ball seeing hedge fund portfolio dip 67%

The celebrated crystal ball of the “Nostradamus of AI” hasn't merely gone cloudy — it has rolled off the table and shattered on the parlor floor.

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Business news • Aug 02

The Race to Build an American Alternative to Cheap AI From China

Silicon Valley startups are setting up open models, with some operating on shoestring budgets because of limited interest from VCs.

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Business news • Aug 02

Truth Social launches service selling faster access to Trump posts

Wall Street firms can now be alerted of the “most market-moving” social media posts from President Donald Trump before the general public — as long as they...

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Business news • Aug 02

Capital One says it closed Trump Organization’s accounts after anti-money-laundering review

Disclosure from 2021 investigation marks first time a bank has formally tied money-laundering concerns to Donald Trump.

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Business news • Aug 02

Homeowners Associations Are Foreclosing on More Residents

Money is getting tighter for America's hundreds of thousands of homeowners associations, and they are extending a shorter financial leash to their residents...

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Business news • Aug 01

Gavin Newsom Reportedly Concerned About State Antitrust Suit Against Paramount-Warner Bros. Merger

Gavin Newsom is concerned about the antitrust lawsuits filed by 12 state attorneys general against Paramount's $111 billion takeover of Warner Bros.

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Business news • Aug 01

The labor market could become so backward that the economy will have to shed jobs to keep unemployment steady

President Donald Trump's immigration crackdown and the surge in baby boomer retirements could soon redefine what it means to have a healthy labor market.

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Business news • Aug 01

Why Aug. 4 Could Be a Big Day for the Stock Market

Next Tuesday, Aug. 4, is going to be a big day in the stock market. The IPO stock Space Exploration Technologies (NASDAQ: SPCX) will report its first...

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Business news • Aug 01

NY looks to shut down Kalshi, have it pay $36 billion in new lawsuit

The state alleges the "prediction market" is just a gambling operation in disguise.

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Business news • Aug 01

Judge denies xAI’s request to block Minnesota ban on ‘nudify’ apps

Despite a lawsuit from xAI, a Minnesota ban on apps that allow users to “nudify” images can move forward.

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Business news • Aug 01

Congress ended surprise medical bills — doctors and insurers hate it

Lawmakers agree that the bill is flawed. But hostilities between insurers and doctors could stymie their efforts to fix it.

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Business news • Aug 01

Under the new THC laws, what happens if you're caught with delta-8 during a traffic stop?

Austin authorities are advising drivers what could happen if they're stopped on area roadways and have delta-8 products in their vehicle, as a slew of new...

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Business news • Aug 01

Baby boomers hate 10 things about today's grocery stores

Self-checkout, digital coupons and understaffing top the list of grocery store frustrations for baby boomers, who prefer cashier checkout and brand names...

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