business news

GOP Sen. Mitt Romney says he will not run for reelection

Republican Sen. Mitt Romney of Utah on Wednesday announced that he will not seek reelection next year. His current term…

Before Elon Musk, Twitter rarely lobbied against state laws. Now X is suing California over one

Billionaire Elon Musk’s social media platform quietly waged a lobbying campaign to derail an online content moderation bill in California…

Trump, Meadows offer quid pro quo on speedy trial to sever Georgia election case from co-defendants

Donald Trump on Wednesday offered to “exchange” his right to a speedy trial in his Georgia election-conspiracy case for an…

Stocks making the biggest moves midday: Citigroup, Adobe, Corteva and more

Check out the companies making headlines in midday trading. Redwire — The space infrastructure stock soared 5.6% Wednesday after Roth…

Judge sets limits on Trump discussing classified info in Mar-a-Lago documents case

A federal judge on Wednesday issued an order setting limits on where and how former President Donald Trump can discuss…

Bank stocks have come to life recently. But Jim Cramer explains why the rally may not last

KeyCorp (KEY) reiterated its financials Tuesday, sending its shares higher — a rally that’s been seen in the wider financial…

Judge denies Trump aide Mark Meadows request to pause ruling that sent Georgia election case back to state court

A federal judge denied former White House chief of staff Mark Meadows’ request for an emergency stay of a ruling…

Citigroup CEO Jane Fraser reorganizes businesses, cuts jobs as bank is mired in stock slump

Citigroup CEO Jane Fraser announced a corporate reorganization Wednesday, saying the move would cut down management layers and accelerate decisions.…

August core inflation, excluding food and energy, rose 0.3%, hotter than expected

Inflation posted its biggest monthly increase this year in August as consumers faced higher prices on energy and a variety…