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Categories Business

Oil records its biggest one-month drop in six years, bringing consumers some relief

May 31, 2026

As May’s final day of oil trading closes, the price of crude posted its biggest one-month decline in six years, delivering some

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Categories Business

MLB owners have proposed a salary cap for the first time since baseball’s 1994-95 strike

May 30, 2026

Major League Baseball owners made their long-expected salary cap proposal to the players’ association on Thursday, a system the union has vowed

Categories Business

Anthropic secures $965 billion valuation after raising $65 billion

May 29, 2026

Anthropic said Thursday it has raised $65 billion at a post-money valuation of $965 billion as it seeks to expand computing capacity

Categories Business

$20 billion in tariff refunds paid so far, with more on the way

May 29, 2026

The Trump administration has refunded more than $20 billion in tariffs to importers and shippers so far, according to a court filing,

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Categories Business

In major shake-up, CBS replaces ‘60 Minutes’ executive producer with tech journalist

May 29, 2026

CBS News editor-in-chief Bari Weiss on Thursday replaced Tanya Simon, the executive producer of the network’s flagship newsmagazine “60 Minutes,” with a

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Categories Business

Judge declines to jail teenager accused of killing stepsister aboard cruise ship

May 29, 2026

MIAMI — A federal judge on Wednesday declined to jail a Florida teenager accused of killing and sexually assaulting his stepsister, allowing

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Categories Business

‘60 Minutes’ journalist says CBS contract ended after furor over delayed segment

May 29, 2026

CBS News has reportedly declined to renew its contract with Sharyn Alfonsi, the “60 Minutes” correspondent whose segment about the Trump administration

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Categories Business

Gavin Newsom takes a populist turn on AI ahead of a possible 2028 presidential run

May 29, 2026

For years, California Gov. Gavin Newsom has reaped the benefits of Silicon Valley’s AI boom — in the form of tax revenue

Categories Business

Red-hot AI demand pushes more companies into the $1 trillion club

May 29, 2026

Artificial intelligence euphoria hit a new level this week, as two chipmakers hit $1 trillion in stock market value. Driven by skyrocketing

Categories Business

Australia sues 3M for $1.4B over ‘forever chemicals’ at defense bases

May 29, 2026

SYDNEY — The Australian government said Thursday that it had launched legal action against 3M over contamination from firefighting foam supplied by

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