Business

Bill Ackman makes big bet on Hertz becoming tariff winner

Bill Ackman’s Pershing Square Capital Management has amassed a nearly 20% stake in Hertz Global Holdings Inc. in a bet on the rental car company’s

Business

Crypto exchange OKX relaunches in U.S. two months after settling with DOJ for $500 million

Seychelles-based OKX announced on Tuesday that it is relaunching the U.S. version of its crypto exchange and unveiled a new wallet for American users to

Business

Trump’s ‘punitive’ China tariffs could end trade between the world’s two largest economies—and that would be painful, volatile, and dangerous

Trade between the world’s two largest economies—a link that defined the world economy for two decades—is on life support. U.S. tariffs on China now stand

Business

Markets might be celebrating but every single portfolio manager is trying to figure out how long the roller coaster will last

Stock markets erupted with a torrential surge of optimism following President Donald Trump’s post on Truth Social pausing some of his tariffs, and comments from

Business

Dow futures sink 1,300 points after Trump defends tariffs as ‘medicine’ to fix trade deficit

Wall Street remained in fear mode over President Donald Trump’s tariffs on Sunday evening as futures pointed to more steep losses. Dow Jones Industrial Average

Business

OnlyFans founder and a crypto foundation submit a last ditch effort to buy TikTok in a ‘David vs. Goliath’ attempt

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Business

Trump’s reciprocal tariffs are ‘ripping up trade’ after decades of precedent. Here’s how tariffs got so lopsided in the first place

President Donald Trump is taking a blowtorch to the rules that have governed world trade for decades. The “reciprocal’’ tariffs that he is expected to announce Wednesday

Business

The ‘menopause penalty’: Many women in midlife see a drop in wages, new study finds

Women already make just 84 cents to a man’s dollar. They also face additional earnings losses, should they become mothers, in the form of what’s

Business

Tesla analyst says CEO Elon Musk is ‘back in charge’ after surprise all-hands meeting, and investors are rewarding the company’s stock

Tesla CEO Elon Musk is jumping back into action at Tesla and investors are taking notice.  Tesla’s stock is down more than 30% year to

Business

Trump’s special envoy involved in talks to end Russia’s war on Ukraine says ‘I don’t regard Putin as a bad guy’

White House envoy Steve Witkoff has praised Vladimir Putin in glowing terms as trustworthy and said the Russian leader told him he had prayed for