The gold standard may have ended in the early 1970s, but something else quietly took its place for …
The Pentagon accused some of China’s biggest companies including Alibaba Group Holding Ltd., Baidu Inc. and BYD Co. of supporting the Chinese military, doubling down on an earlier decision to label crown jewels of …
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Business
Jamie Dimon warns of growing crypto competition in annual letter: ‘We need to roll out our own blockchain technology’
JPMorgan CEO Jamie Dimon has long been among the crypto sector’s most notable skeptics. Dimon vowed in 2017 …
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Business
Supermicro launches internal probe after cofounder’s arrest on charges of $2.5 billion in chip smuggling
Two Supermicro board members are spearheading an internal investigation following a federal indictment alleging one of the company’s …
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U.S. President Donald Trump said late Tuesday he’s pulling back on his threats to launch devastating strikes on …
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Business
Bill Ackman’s $64 billion Universal Music play is part of his strategy to become the next Warren Buffett
Billionaire investor Bill Ackman’s hedge fund, Pershing Square Capital, is planning to buy Universal Music Group (UMG), the …
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Business
Markets cheer as Trump says he’s in ‘heated negotiations’ over a new Pakistani two-week ceasefire plan
President Donald Trump said he was in “heated negotiations” to extend his self-imposed 8 p.m. Tuesday deadline for …
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Business
A councilmember backed a data center project. Then 13 bullets and a ‘No Data Centers’ note hit his home
As backlash to AI infrastructure intensifies nationwide, it just turned violent in Indianapolis. Ron Gibson, a city-county councilmember, …
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Business
Doritos prices jumped 50% in four years and PepsiCo waited until it lost billions to do anything about it
The skyrocketing price of Doritos, Lay’s, and Cheetos have pushed away cash-strapped consumers and have cost Frito-Lay billions. …
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Business
The megamanager era: AI is doubling bosses’ workloads—and the costs are just beginning to show
The average American manager now oversees 12 direct reports, and the data suggest AI is both the cause …
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Business
Trump, the $39 trillion national debt, rosy growth assumptions and the question of ‘a sustainable path’
President Trump’s fiscal year 2027 budget is built on a single, load-bearing bet: that the U.S. economy can …
