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ECONOMY
Elon Musk's $56 Billion Pay Package Under Judicial Review in Delaware

Elon Musk's record $56 billion pay package is under judicial review, impacting Tesla's future and Delaware's corporate governance stakes.

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ECONOMY
U.S. Government Shutdown Estimated to Cost Economy $15 Billion Weekly, Bessent Says

Treasury Secretary Bessent warns that the U.S. government shutdown could impact the economy by an estimated $15 billion weekly.

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ECONOMY
US Military Strikes Another 'Narcoterrorist' Vessel Off Venezuela, Killing Six

US military conducts a strike on a drug trafficking vessel off the coast of Venezuela, killing six, amid rising tensions and legal controversies.

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ECONOMY
GM Faces $1.6 Billion Hit Due to EV Tax Credit Expiration

General Motors will incur a $1.6 billion charge as it reassesses its electric vehicle strategy following the expiration of U.S. EV tax incentives.

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ECONOMY
Apple CEO Tim Cook Commits to Increased Investment in China Amid Trade Tensions

Apple's Tim Cook pledges to increase investment in China despite rising trade tensions with the U.S., focusing on cooperation in the tech sector.

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ECONOMY
Fed Chair Jerome Powell Signals Employment Risks as Rate Cuts Loom

Jerome Powell addresses rising employment risks as the Federal Reserve hints at potential rate cuts in light of a hiring slowdown.

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ECONOMY
China Prepared for Escalated Trade Conflict Amid US Tariff Threats

China vows to respond to US tariff threats, emphasizing the need for dialogue instead of escalation in trade conflicts.

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ECONOMY
IMF and Pakistan Secure Preliminary Agreement for $1.2 Billion Loan

Pakistan secures a $1.2 billion loan deal with the IMF, marking a significant step for its economic recovery.

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ECONOMY
IMF Raises Global Growth Outlook Amid Concerns Over US-China Trade Tensions

IMF increases global growth forecast for 2025 but warns of potential risks from escalating trade tensions.

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ECONOMY
Trump's Tariffs on Furniture and Lumber Come into Effect

New tariffs on imported furniture and lumber imposed by Trump will significantly affect consumer costs and the housing market.

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