Federal prosecutors open criminal investigation into the Fed and Jerome Powell
CNN
Federal prosecutors have opened a criminal investigation into the Federal Reserve’s $2.5 billion renovation of its headquarters in Washington, DC.
On Friday, the Bureau of Labor Statistics will release the final jobs report for 2025 — and economists’ estimates vary wildly over what we should expect.
HED: Venezuela’s economy will be a mess for whoever runs it next
Elon Musk’s AI chatbot, Grok, has been flooded with sexual images of mainly women, many of them real people, by being prompted by users to “digitally undress” them and sometimes placing them in suggestive poses.
President Donald Trump made two extraordinarily unusual policy statements in rapid succession Wednesday that sent stocks sinking and raised serious questions about the limits of presidential power in a free-market economy.
Character.AI has agreed to settle multiple lawsuits alleging the artificial intelligence chatbot maker contributed to mental health crises and suicides among young people, including a case brought by Florida mother Megan Garcia.
Betting big on memestocks could pay off, at least for GameStop CEO Ryan Cohen. But a potentially huge payout hinges on a massive turnaround for the volatile video game retailer.
President Donald Trump said Wednesday that he intends to ban large institutional investors from buying additional single-family homes.
Finding a job continued to be a slog at the end of the year, new data shows: US businesses sought out fewer workers in November and hiring rates wilted even further.
Once again, Warner Bros. Discovery has chosen Netflix as its preferred suitor over Paramount.
Trump is running a private equity playbook on Venezuela
President Donald Trump said Tuesday night that Venezuela will turn over 30 million to 50 million barrels of oil to the United States, to be sold at market value and with the proceeds controlled by the US.
President Donald Trump has spoken in unequivocal terms: US oil companies are headed back to Venezuela, they’ll spend the tens of billions of dollars required to restore the country’s energy infrastructure, and they’ll reap the potentially enormous rewards.
China has banned exports of some rare earth elements and other items to Japan that could be used for military purposes, straining already tense relations between the two countries following the Japanese prime minister’s recent remarks on Taiwan.