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The world's money news right now: markets, the economy, the companies and the deals moving capital across every continent today.
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Judge says Trump sued IRS for 'improper purpose'; refers his lawyer to bar
Trump's lawsuit against the IRS was settled by the Justice Department with an agreement to create a $1.8 billion "lawfare' fund th…
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Rivian gains California subsidy edge as Tesla faces premium price cap
California's new $135 million EV incentive program exempts in-state manufacturer Rivian from a $50,000 price cap, giving the small…
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Waller says Fed shouldn't 'fight the last war' on inflation but warns hikes still possible
The Fed governor said inflation has expanded beyond the often-cited drivers such as the energy price spike in tariffs.
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UK EV adoption risks stalling on soaring insurance costs
Rising insurance premiums for electric vehicles risk stalling UK adoption rates, creating a strategic challenge for motor insurers…
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Meta raises 2026 capex to $145bn as shares fall
Meta Platforms has raised its 2026 capital expenditure guidance to as much as $145 billion, signaling an immense escalation in AI …
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Fed Official Warns of Higher Rates if Inflation Stays Elevated
Christopher J. Waller, a governor at the Federal Reserve, said he needs to see several months of lower inflation data to feel conf…
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Citadel Securities links AI to record 5.6m US business applications
Artificial intelligence is lowering barriers to entry and driving a record wave of US business formation, reshaping the labor mark…
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JNJ Edges Out Coca-Cola in Defensive Rally on Pipeline Strength
Capital rotating out of tech is lifting both Johnson & Johnson and Coca-Cola, but JNJ's pharmaceutical pipeline offers a more sust…
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EU eyes under-13 social media ban, targets addictive design
European Commission President Ursula von der Leyen is pushing for strict age limits on social media, shifting the regulatory burde…
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Retail exits Apple, Tesla as market breadth hits record highs
Retail traders are rotating out of mega-cap tech and chip stocks into new targets, a shift coinciding with record equity market br…
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JNJ Offers Better Value Than KO After Q1 2026 Beats
Johnson & Johnson's cheaper valuation and robust oncology pipeline make it a more compelling defensive play than Coca-Cola followi…
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Meta scales Louisiana AI hub to $50bn amid tax and power disputes
Meta has quintupled the cost of its Louisiana AI data center to over $50 billion, highlighting the immense capital demands of the …
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US state attorneys general file lawsuit in effort to block Paramount merger
A bipartisan group argue in lawsuit that $110bn merger would hurt competition and lead to thousands of job losses A bipartisan gro…
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Class is in session: Howie Mandel turned 2 acres of dirt into his 'best investment' besides showbiz. Here's how
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VW mulls 100,000 job cuts to close 20% cost gap with rivals
Volkswagen has doubled its global redundancy target as a collapse in Chinese sales and rising US tariffs expose a crippling cost d…
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A dozen states file lawsuit to block Paramount Skydance-Warner Bros. Discovery merger
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SK hynix’s IPO Is Unraveling Faster Than SpaceX’s. Time to Buy In?
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Why Intel Stock Dropped Today
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IonQ Tumbles 8%, D-Wave, Rigetti, Quantum Computing Drop 6% as Risk-Off Ripple Effects Hit Speculative Quantum Stocks
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Paramount-Warner Bros. Merger Is Challenged in Court by California and 11 Other States
The lawsuit, filed by California and 11 other states, argues that the deal would harm movie theaters and damage America’s entertai…
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SpaceX Stock Drops Below $140 for the First Time
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Jim Cramer Says Buy IBM Right Now: Here Is Why Arvind Krishna Has This Stock Undervalued
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UK-Switzerland deal eases services trade, targets £5.2bn export boost
The UK has secured a permanent services mobility agreement with Switzerland that removes work permit friction for professionals, t…
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Divergent margins shape Eaton, nVent power boom bets
FY2025 results from Eaton and nVent Electric reveal how scale and specialized margins are competing for investor capital in the AI…