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US Fed cuts interest rates by 25 bps, Powell notes Trump's victory to have no impact on policy decisions
The US Federal Reserve cut interest rates for the second time this year, lowering them to 4.5-4.75%…
Why Elon Musk's push to cut federal waste might succeed where others failed
There's a chance the Department of Government Efficiency's plans could lead to the deepest cuts to …
Jack Newsham
Indian markets under pressure as global rate cuts stir uncertainty, new report says
Indian markets experienced volatility as global economic shifts and political developments impacted…
Jamie Dimon is the latest CEO to weigh in on RTO — this time, for DC federal workers
JPMorgan's Jamie Dimon became the latest CEO to weigh in on RTO, saying that federal workers in Was…
Alex Bitter
Elon Musk is looking to cut government waste. Here's what the US spends money on right now.
Trump selected Elon Musk and Vivek Ramaswamy to identify areas to cut government spending. The US s…
Ayelet Sheffey,Madison Hoff
'Animal spirits': 7 market strategists share how to ride the red wave as US stocks surge to new records
US stocks reached record highs after Donald Trump won. Here are eight top places to invest, based o…
James Faris
Qantas mistakenly sells first-class flights at a massive discount
Qantas said the prices were "too good to be true" and, as a gesture of goodwill, has offered to reb…
Mia Jankowicz
Gold rush to continue as experts expect prices to touch ₹70k/10g, staggered investment advised
The yellow metal hit another new life high last week. Even as its prices hover around ₹67,000 per 1…
US sting operation catches crypto firms 'wash trading' to boost token values
Federal prosecutors set up a fake company to bust four crypto market makers, who they say artificia…
Kelly Cloonan
Americans are able to bet on the US elections again after a legal fight
An appeals court lifted a ban on bets on congressional election outcomes, making Kalshi the only le…
Kelly Cloonan
US Justice Department hits Visa with antitrust lawsuit over its debit card business
Visa is in the antitrust crosshairs. The US Department of Justice filed a lawsuit accusing the paym…
Dominick Reuter
The biggest single-family home landlord in the US is poised to pay $48 million in settlement with FTC
The Federal Trade Commission alleged the company engaged in a slew of illegal practices, including …
Eliza Relman
Inside the legal battle over the fate of the biggest supermarket merger in US history
Kroger and Albertsons are duking it out with US antitrust regulators who have sued to block the pro…
Natalie Musumeci
Credit card rewards are turning us into jerks
The battle to rack up credit-card rewards is turning friends against each other.
Emily Stewart
Sean 'Diddy' Combs hires top NYC defense lawyer Marc Agnifilo to fight possible federal sex-trafficking charges
Combs ex-girlfriend Cassie Ventura was the spark for an ongoing federal grand jury investigation, s…
Laura Italiano
LinkedIn hit with state-of-the-art recruitment scams amid tech layoffs
Professional networking major LinkedIn has been hit by several state-of-the-art recruitment scams a…
Canada to ban China’s Huawei Technologies from 5G networks
Following the steps of its partners -- including the UK, the US, Australia and New Zealand -- Canad…
Big Crypto is now spending more on US elections than any other industry
Crypto companies have already funneled some $119 million into federal elections, according to data …
Lakshmi Varanasi
Neither Trump nor Harris really gave us much detail about how they will fix the economy in the debate
Many industry leaders were disappointed with the lack of specifics, while others told BI that Harri…
Alice Tecotzky
What is the federal funds rate?
The federal funds rate is the interest banks charge each other for overnight loans. Set by the Fede…