Regulation

EU cars and parts are currently subject to a 27.5% U.S. tariff. Most goods are only subject to a 15% tax.

New streamers are launching, entertainment companies are spinning off their cable networks, and media firms are trying to merge as broadcast consolidation steps into the spotlight.

Kenneth Thom allegedly amassed a large online following as a trading guru and raised nearly $800,000 from investors. He spent or lost almost all of it, authorities say.

In a letter posted on social media, President Donald Trump said the removal was effective immediately.

Digital taxes largely hit U.S. firms such as Alphabet, Amazon.com, and Meta Platforms.

In 2022, the Senators proposed giving the U.S. equity stakes in companies getting Chips Act funding. It never reached the Senate floor for a vote.

The U.S. government is free to sell its new Intel stake in one year. A sale would weigh heavily on the company’s market value.

The study should be welcome news to asset managers with funds that invest in private assets. They are on a path to win access to the nation’s 401(k)s.

A Harvard lecturer and former marine, Ryan will become the agency’s top cop on Sept. 2.

The Trump administration is taking the handcuffs off the private-market industry. The outcome for retirement savers will be complicated.

Deputy Treasury Secretary Michael Faulkender was confirmed by the Senate in March.

Nvidia stock was rising along with most of the market. CEO Jensen Huang said Friday that the company’s H20 chip in China ”has no security back doors.”

CEO pay at low-wage companies rose by 34.7%, while the average median pay of global workers rose by 16.3%, according to new research.

Unemployment agencies can’t handle even a modest AI-induced employment shock, Will Raderman writes in a guest commentary.

States that rely on wind or solar power are seeing increased energy prices, the president posted on social media, calling it “the scam of the century.”

The Covid-19 pandemic is over, but the virus persists

The comments mark a departure from previous regulators, whom the vice chair for supervision described as overly cautious.

Tesla’s robo-taxi offering in Austin, Texas, should expand in September.

Intel stock was down 3.9% after Bloomberg reported that the Trump administration could convert Chips Act grants into a 10% equity stake in Intel.

Novo Nordisk’s wildly popular GLP-1 drug Wegovy has been approved for use against a serious form of liver disease.

Shares are rising across the sector because changes to eligibility for tax credits weren’t as draconian as feared.

Gaining even a sliver of the $12 trillion pool of retirement funds could drive private equity growth for years.

New court filings could reopen a debate about what some say are the SEC chair’s conflicts of interest stemming from his time running a consulting firm.

The belief that “anything goes” in the world of digital assets under Trump’s SEC is probably an overblown hope.

The U.K. list price for the largest dose version of Mounjaro is going up 170%.