Business

SpaceX to Invest $2 Billion Into Elon Musk’s xAI

The startup is leaning on Musk’s business empire to play catch-up in the AI race

By Berber Jin and Becky Peterson

Linda Yaccarino Steps Down as CEO of X

Her departure follows the merger of Elon Musk’s xAI with X

By Suzanne Vranica
Nvidia beats Apple and Microsoft to become the world’s first $4 trillion public company

By Lisa Eadicicco and John Towfighi, CNN
Influencing Without the Influencers

Instead of relying on celebrities, brands are controlling the message by making their own social media videos. You may not even realize they’re selling you something.

By Yola Mzizi Visuals by Hiroko Masuike

Latest Business

PENDING DEAL TIKTOK Trump signals breakthrough on TikTok deal with China, talks set to begin next week Tariffs to reset to Trump's April levels without new deals by August 1

1 years ago

By
Anders Hagstrom FOXBusiness

Treasury Secretary Scott Bessent says he expects progress on trade deals before August. (Andrew Harnik/Getty Images / Getty Images)

Trump says US 'pretty much' has deal for TikTok, talks with China to begin

President plans to begin discussions with China as soon as Monday

1 years ago

By
Sophia Compton, FOX Business

(Reuters/Dado Ruvic/File Photo / Reuters)

Behold, the epic flop that is the Cybertruck

1 years ago

By
Analysis by Allison Morrow, CNN

A Cybertruck at a Tesla dealership in New York. Spencer Platt/Getty Images

Watch out, Starbucks: China’s biggest coffee chain opens its first US locations

1 years ago

By
Jordan Valinsky, CNN

A Luckin Coffee location China. Monday marks the first day it's expanding to the US. CFOTO/Future Publishing/Getty Images

Hims ‘Won’t Cave’ to Novo Demands Over Copycat Weight-Loss Shots, CEO Says

Andrew Dudum said his company won’t back down from selling cheap weight-loss shots.

1 years ago

By
Madison Muller and Devin Leonard

Has anything actually gotten more expensive because of Trump’s tariffs?

Predictions from economists were dire after Trump launched his tariff campaign. Prices would rise, they said.

1 years ago

By
David Goldman, CNN

US retail sales fell for a second straight month in May, suggesting anxiety over tariffs and personal finances prompted consumers to pull back after an early-year spending rush. David Paul Morris/Bloomberg/Getty Images

Trump Blocks California E.V. Rules in Latest Move to Rein In the State

California leaders said the state intends to challenge President Trump’s decision in court, and to find new ways to move drivers toward electric vehicles.

1 years ago

By
Laurel Rosenhall and Lisa Friedman Laurel Rosenhall reported from Sacramento and Lisa Friedman reported from Washington

President Trump signed a resolution on Thursday that blocks California’s effort to phase out gasoline-powered cars.Credit...Rachel Bujalski for The New York Times

U.S. Court Agrees to Keep Trump Tariffs Intact as Appeal Gets Underway

The appeals court’s decision delivered an important but interim victory for the Trump administration.

1 years ago

By
Editors Desk

At the heart of the legal wrangling was a 1970s law that President Trump had made the foundation of his campaign to reorient the global economic order.Credit...Doug Mills/The New York Times

Trump says US-China deal 'is done'

1 years ago

By
Peter Hoskins Business reporter Reporting fromSingapore

Getty Images / Top officials from the US and China have been meeting in London

Senior U.S. and China envoys to meet for showdown trade talks in London

The latest round of talks comes as China said its exports to the U.S. dropped by more than a third in May — the sharpest such decline in more than five years.