BusinessDonald Trump Jr.’s Firm Leads $1 Billion Funding Round for Polymarket
The new round values the prediction market at $21 billion, up from $15 billion. Mr. Trump’s firm, 1789 Capital, will invest around $300 million.
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Business·17 days ago
BusinessGlobal Oil Price Rises to $90 a Barrel After U.S. and Iran Trade Attacks
The first attacks in a month jolted energy markets. The average U.S. gasoline price remained 37 percent higher since the war began.
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BusinessG20 Finance Officials Gather in U.S. as Iran War Grips Global Economy
The meeting is forecasted to focus on the ongoing economic shock from the war in Iran, which has driven up oil prices globally.
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BusinessA Half-Price Luxury E.V. Comes With a Big Asterisk
The Polestar 4 is a solid car, and current incentives make it a bargain. But the company, a Chinese-owned brand, is being forced from the U.S. market.
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BusinessDolly Parton’s Other Legacy: A Fortune Given Away, Dollar by Dollar
The territory star supported early childhood literacy, disaster relief, the development of the Covid-19 vaccine and more.
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BusinessDiesel Price Nears Record High, Helping Oil Companies and Hurting Consumers
The cost of the fuel, used in farm machinery, trucks and other heavy equipment, has surged because of the war in Iran and Ukrainian attacks on Russian refineries.
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BusinessTrump Administration Wants Billion-Dollar Businesses to Qualify as ‘Small’
Higher revenue and employee limits for modest businesses that get federal contracts and loans could disadvantage the smallest companies, their owners say.
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BusinessMeta to Pay Up to $17.1 Billion in Landmark Settlement Over Social Media Addiction Claims
The social media giant settled with 47 states, the District of Columbia and U.S. territories, and agreed to make leading changes to its products over claims its platforms endangered children.
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BusinessMamdani Persuades C.E.O.s to Join His Business Advisory Council
Mayor Zohran Mamdani, a democratic socialist who has struggled to win over Wall Street, intends to use the council to help him invigorate New York City’s economy.
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BusinessWorker Dies After Accident With Plane at Montreal Airport
The Transportation Safety Board of Canada noted the episode involved an Airbus A350 operated by French Bee, a French low-cost airline.
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BusinessMeta agrees to $17 billion settlement and new protections for teens
Meta and the attorneys general of four states have reached a $17 billion settlement in a landmark federal trial over child safety issues on Facebook and Instagram. Meta has reached a deal with a coalition of state attorneys general. This holds a prominent child safety trial just one week after i...
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Business‘Honeymoon’s Over’: Warsh Under Pressure as Fed Weighs Raising Rates
Kevin M. Warsh is scheduled to deliver his first address at the Federal Reserve’s annual conference in Jackson, Wyo., with U.S. authorities bond markets on edge and inflation risks resurfacing.
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