business news

Ukraine says it hit latest-generation Russian fighter jet for first time

Ukrainian forces have for the first time hit a latest-generation Russian Sukhoi Su-57 fighter jet at an air base inside…

Trump claims credit for Biden’s insulin price cap

Former President Donald Trump on Saturday recognized that the price of insulin is lower under President Joe Biden, but he…

DOJ settles CityMD Covid fraud allegations for $12 million

Walgreens-backed CityMD will pay $12.04 million to settle Covid fraud allegations brought by the Department of Justice, the department announced…

Retail investors may be a step closer to investing in unicorns

An alternative trading platform CEO wants to revolutionize private equity investing to help mitigate a stalling initial public offering market.…

Biden honors U.S. war dead with a cemetery visit ending a French trip that served as a rebuke to Trump

President Joe Biden closed out his trip to France by paying his respects at an American military cemetery that Donald…

Synapse bankruptcy trustee says $85 million of customer savings is missing in fintech meltdown

There is an $85 million shortfall between what partner banks of fintech middleman Synapse are holding and what depositors are…

Beyoncé tickets, book advances, Bali trip revealed in new Supreme Court financial disclosures

Supreme Court Justice Ketanji Brown Jackson disclosed receiving concert tickets from pop superstar Beyoncé, one of several notable items revealed…

Former IRS employee charged in $2.1 million Exxon Mobil tax credit theft attempt in Utah

A former IRS employee was charged in Utah federal court for allegedly trying to steal $2.1 million in tax credits…

Biden touts ‘great American comeback’ after better-than-expected May jobs report

President Joe Biden touted the far better-than-expected May jobs report, boasting about “the great American comeback” and calling out Congressional…

Market backs off on hopes for interest rate cuts following strong jobs report

May’s surprising pace of job growth and wage rise added to the conviction that the Federal Reserve will stay on…