Industry

Treasury Secretary Scott Bessent says a financial crisis was inevitable without intervention, as Trump's policies aim to stabilize the economy.

Consumer confidence drops as Trump's tariffs and market instability raise concerns about the economy's future.

California transit workers' strike continues as union rejects VTA's offer, amid legal battles and state intervention efforts.

Dollar General plans to close nearly 100 stores as part of a strategy to streamline operations and adapt to shifting market conditions.

Trump acknowledges economic challenges and the need for time to see benefits from his tariff policies.

Trump signs executive order to establish a US Bitcoin Reserve, marking a key step in crypto's mainstream adoption.

Paramount's $8B merger with Skydance moves forward, but a rival bid may still challenge the deal after a judge's ruling.

Ontario cancels its $100 million Starlink contract amid escalating US-Canada trade tensions.

Jack Daniel's maker Brown-Forman criticizes Canada's liquor ban, calling it a "disproportionate" response to US tariffs.

Seven & i Holdings names a new CEO and announces a business revamp to fend off a $47 billion takeover bid.

CFPB drops lawsuit against major banks over Zelle fraud as federal enforcement actions decline under Trump.

ABC News faces layoffs, a programming overhaul, and the closure of FiveThirtyEight as part of a major restructuring effort.

Target faces a 40-day boycott over its reversal of diversity, equity, and inclusion policies, amid growing backlash from supporters.

Elon Musk's legal battle to stop OpenAI's shift to a for-profit model will go to trial this fall.

Financial Crisis Was 'Guaranteed' Without Intervention, Treasury Secretary Says