business news

Trump Media stock jumps 10% as DJT looks to claw back from post-lockup sell-off

Trump Media stock shot up Wednesday, as the company majority owned by Donald Trump looked to claw back losses from…

Secret Service failures before Trump rally shooting were ‘preventable,’ Senate panel finds

Multiple Secret Service failures ahead of the July rally for former President Donald Trump where a gunman opened fire were “foreseeable, preventable, and directly…

Harris floats ‘America Forward’ tax credits to help finance manufacturing revival

Vice President Kamala Harris on Wednesday said she would work to usher in a U.S. manufacturing comeback, an appeal to…

Caught cold by UniCredit’s swoop on Commerzbank, Germany will want to avoid a national embarrassment

Italy’s UniCredit appears to have caught German authorities off guard with a potential multibillion-euro merger of Frankfurt-based Commerzbank, a move…

China likely needs more than rate cuts to boost economic growth

BEIJING — China’s slowing economy needs more than interest rate cuts to boost growth, analysts said. The People’s Bank of…

Biden administration backs House Republicans’ three-month government funding bill

The Biden administration on Tuesday announced its support for the latest short-term government funding proposal, greatly reducing the chances of…

FTX fraudster Caroline Ellison sentenced to 2 years in prison, ordered to forfeit $11 billion

Caroline Ellison, the star witness in the prosecution of her former boyfriend, FTX founder Sam Bankman-Fried, was sentenced Tuesday in New…

Trump floats expanded R&D business tax credits, says he would appoint ‘manufacturing ambassador’

Former President Donald Trump unveiled several new manufacturing proposals at a rally in Savannah, Georgia, on Tuesday, part of an…

Nvidia shares pop as CEO may be done selling shares after hitting preset plan limit

Nvidia CEO Jensen Huang is done selling the chipmaker’s stock for the time being, cashing in more than $700 million…