Trump touts shutdown as ‘unprecedented opportunity’ to cut more Democratic priorities
Trump in a Truth Social post said he will meet with Office of Management and Budget Director Russell Vought to…
Category: Economy
Disney sent cease and desist letter to Character.AI over use of copyrighted characters
Disney is already involved in an ongoing lawsuit against AI image creator Midjourney. ...
Spirit Airlines on track for a $475 million bankruptcy lifeline
Spirit Airlines has reached an agreement with some of its debtholders for up to $475 million in debtor-in-possession financing. ...
The world’s first carbon border tax will soon go live — shaking up global trade
The European Union is poised to fully implement its carbon border tax from Jan. 1. ...
Warren Buffett is reportedly eyeing Berkshire Hathaway’s biggest deal in three years
The potential deal, which could finalize within days per the Journal, could be Berkshire's largest since 2022 when it bought…
Gold hits fresh all-time high as U.S. government shutdown dents risk appetite
A U.S. government shutdown began on Wednesday after lawmakers failed to reach a deal on funding. ...
Wealthfront files for IPO, joining wave of fintech firms going public in 2025
Wealthfront, the startup that helped popularize the robo-advisor style of automated investing, filed for a U.S. initial public offering Monday.…
Democrats refuse to cave on health care before meeting with Trump on government shutdown
President Donald Trump and congressional leaders from both parties are set to meet at 3 p.m. for 11th hour talks.…
Startup founder Charlie Javice sentenced to 7 years in prison for defrauding JPMorgan Chase
Charlie Javice, founder of college financial aid platform Frank, was arrested in 2023 on charges she defrauded JPMorgan Chase in…