Ackman backs Adams to stop socialist Mamdani, calls on Cuomo to drop out
Billionaire businessman Bill Ackman has endorsed New York City Mayor Eric Adams to defeat socialist Zohran Mamdani and called on former New York Gov. Andrew Cuomo to drop out of this year's mayoral race.
Buffett donates $6B in Berkshire stock to 5 foundations: Lifetime giving tops $60B
Berkshire Hathaway CEO Warren Buffett announced Friday that he is donating another $6 billion of the company’s stock to the Gates Foundation and four family charities.
President Trump extends the TikTok ban deadline by another 90 days
President Trump has signed a third executive order delaying the TikTok ban by 90 days, citing ongoing talks and a desire to keep the platform active for Americans.
Elon Musk uses Trump's 2013 words on debt ceiling against him
Elon Musk’s spat with President Donald Trump over the "big, beautiful bill" continues to rage, with the Tesla CEO on Thursday using a decade-old social media post to drill home his point.
Trump Energy Department cancels $3.7B in Biden-era green energy grants
The Trump Energy Department has canceled $3.7 billion in grants for climate projects, including carbon capture, as part of a review to ensure economic viability and security.
Trump threatens 25% tariff on iPhones, 50% tariff on EU goods amid trade tensions
President Donald Trump is set to impose fresh tariffs on both Apple and the European Union, saying that the iPhone manufacturer and the trading bloc have not heeded to his previous demands.
Texas lawmakers vote to gut booming hemp industry, sparking backlash
Texas lawmakers passed a bill to ban THC-infused hemp products, threatening to wipe out the $4 billion industry. Legal challenges loom as Governor Abbott's decision on signing it into law is unknown.
Record $16B tariff inflow helped ease the US budget deficit rate
U.S. tariff revenue hit a record $16.3 billion in April, easing the budget deficit rate as President Donald Trump's sweeping tariffs took hold.
Buffett criticizes Trump's tariffs rollout, says US shouldn’t use 'trade as a weapon'
Legendary investor Warren Buffett railed against President Donald Trump’s tariffs arguing that employing trade as a “weapon" has antagonized international relations.