business news

Chubb ended Trump fraud bond talks after backing E. Jean Carroll appeal bond, court filing says

Donald Trump and his co-defendants were in talks with insurance giant Chubb for a $464 million appeal bond in the…

China-based Canadian stole Tesla secrets, U.S. prosecutors say

A Canadian resident of China has been arrested in the United States for allegedly stealing electric car manufacturer Tesla’s trade…

Here’s everything to expect from the Federal Reserve’s policy meeting Wednesday

The Federal Reserve has a lot to do at its meeting this week, but ultimately may not end up doing…

Ohio GOP Senate primary offers an early test of Trump’s endorsement strength

Ohio voters are at the polls Tuesday to choose a Republican challenger to incumbent Democratic Sen. Sherrod Brown. The competitive…

Top U.S. congressional Republican and Democrat say a deal has been reached on spending

The top Republican and Democrat in the U.S. Congress on Tuesday said they had reached a deal to keep the…

Nordstrom shares jump 9% on report retailer is trying to go private

Nordstrom shares closed 9% higher on Tuesday following a report that the department store chain is attempting to go private.…

Hong Kong lawmakers pass new national security law, giving government more power to curb dissent

Hong Kong lawmakers passed a new national security law on Tuesday that grants the government more power to quash dissent, widely seen…

Grayscale CEO says fees on its bitcoin ETF will drop over time after outflows hit $12 billion

LONDON — The boss of digital asset management firm Grayscale, which manages the $26 billion exchange-traded fund GBTC, has said…

Banks are in limbo without a crucial lifeline. Here’s where cracks may appear next

The forces that consumed three regional lenders in March 2023 have left hundreds of smaller banks wounded, as merger activity…