business news

Israel says it struck Hezbollah’s headquarters in huge explosion that killed at least 2 people

The Israeli military said Friday it struck the central headquarters of Hezbollah in Beirut, where a series of massive explosions leveled multiple…

Top Eric Adams advisor has phone seized, home searched as NYC mayor pleads not guilty

The chief advisor to New York City Mayor Eric Adams had her phone seized and her home searched by law…

Why JPMorgan Chase is prepared to sue the U.S. government over Zelle scams

Buried in a roughly 200-page quarterly filing from JPMorgan Chase last month were eight words that underscore how contentious the…

Key Fed inflation gauge at 2.2% in August, lower than expected

Inflation moved closer to the Federal Reserve’s target in August, easing the way for future interest rate cuts, the Commerce…

UK PM Keir Starmer touts pro-business agenda as he woos top Wall Street CEOs

The United Kingdom is pursuing investment from America’s biggest banks and tech giants, as the country looks to infuse growth…

China optimism is surging. Why some investors are cautious

BEIJING — China’s latest policy signals have a bigger impact on sentiment than resolving deeper issues such as real estate,…

OpenAI CFO tells investors funding round should close by next week despite executive departures

OpenAI CFO Sarah Friar is looking to reassure its investors that the richly valued artificial intelligence startup is still in…

Conservative outlet Newsmax settles with Smartmatic in 2020 election defamation case

A settlement has been reached in a defamation lawsuit pitting an electronic voting machine manufacturer targeted by allies of former…

Trump ally Matt Gaetz says House Ethics panel issued subpoena for him in sex, drug probe

Rep. Matt Gaetz said Thursday that he has learned the House Ethics Committee will subpoena him as it investigates whether…