business news

Corporate debt defaults soared 80% in 2023 and could be high again this year, S&P says

Corporate debt defaults soared last year and could be a problem again in 2024 as cash-strapped companies deal with the…

Nikki Haley under pressure from donors to defeat Donald Trump in New Hampshire after Iowa caucus loss

Former United Nations ambassador Nikki Haley is facing pressure from some of her top fundraisers to either seriously compete with,…

Appeals court rejects X challenge to special counsel secret demand for Trump Twitter data

A federal appeals court on Tuesday denied X Corp.’s latest challenge to a nondisclosure order it received as part of special…

OpenAI’s Sam Altman says human-level AI is coming but will change world much less than we think

OpenAI CEO Sam Altman says concerns that artificial intelligence will one day become so powerful that it will dramatically reshape…

Trump loses appeal of fraud trial gag order at top New York court

The top court in New York State on Tuesday rejected an appeal by former President Donald Trump of a gag…

Trump Truth Social SPAC partner stock soars after Iowa caucus victory

Shares of Digital World Acquisition soared about 30% Tuesday, following former President Donald Trump’s landslide victory in the Iowa caucuses.…

Asa Hutchinson drops out of GOP primary, with Trump, Haley and DeSantis remaining

Former Arkansas Gov. Asa Hutchinson on Tuesday suspended his Republican presidential campaign, a day after finishing a distant sixth place…

ABC News cancels Republican debate after Haley refuses to debate without Trump

WASHINGTON — ABC News has announced it will not move forward with its Republican presidential primary debate in New Hampshire…

Fed’s Christopher Waller advocates moving ‘carefully’ with rate cuts

Federal Reserve Governor Christopher Waller acknowledged Tuesday that interest rate cuts are likely this year, but said the central bank…