Treasury Secretary Scott Bessent says a financial crisis was inevitable without intervention, as Trump's policies aim to stabilize the economy.
Industry
Amazon Battles Government Over Responsibility for Third-Party Product Safety
Amazon sues the US safety agency over a ruling holding it responsible for third-party product recalls.
Frontier Airlines Offers Free Bags to Lure Frustrated Southwest Passengers
Frontier Airlines offers free checked bags to attract Southwest passengers upset over the airline's new baggage fees.
Google Parent Alphabet to Buy Wiz for $32B in Cloud Security Push
Google acquires cybersecurity startup Wiz for $32B, its largest deal yet, aiming to strengthen cloud security amid rising AI-driven cyber threats.
GM Issues Major Recall Over Transmission Defect in Cadillac, Camaro Models
GM recalls over 90,000 vehicles due to a transmission defect in Cadillac and Camaro models, increasing crash risk.
Latest News
Consumer confidence drops as Trump's tariffs and market instability raise concerns about the economy's future.
California transit workers' strike continues as union rejects VTA's offer, amid legal battles and state intervention efforts.
Dollar General plans to close nearly 100 stores as part of a strategy to streamline operations and adapt to shifting market conditions.
Apple and Meta face potential EU fines for not complying with the Digital Markets Act, aimed at limiting their market dominance.
CoreWeave secures an $11.9B contract with OpenAI ahead of its 2025 IPO, boosting its market position in AI infrastructure.
Trump acknowledges economic challenges and the need for time to see benefits from his tariff policies.
Trump signs executive order to establish a US Bitcoin Reserve, marking a key step in crypto's mainstream adoption.
Paramount's $8B merger with Skydance moves forward, but a rival bid may still challenge the deal after a judge's ruling.
Ontario cancels its $100 million Starlink contract amid escalating US-Canada trade tensions.
