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Browsing: Business

Business

Trump removing IRS commissioner Billy Long after serving just two months in role

President Trump has decided to remove Billy Long from his role as commissioner of the Internal Revenue Service (IRS) only two months after he was conf...

Business

Billionaire with ties to Jeffrey Epstein nabs $37M Martha's Vineyard home where Obama vacationed

A Martha's Vineyard estate where the Obama family vacationed for several summers, known as Blue Heron Farm, was sold to billionaire Les Wexner to the...

Business

Taylor Swift, Travis Kelce eye luxury real estate in Cleveland, Ohio: What can they get?

Taylor Swift and her Cleveland-born beau, Travis Kelce, were spotted dining in early July at a local restaurant on the city’s east side. This week, ru...

Business

Gold prices soar to record high as Trump tariffs threaten bullion trade

U.S. gold futures rose to a record high on Friday amid uncertainty over whether the Trump administration's country-specific import tariffs would apply...

Business

Trump lawyer Alan Dershowitz confronts pierogi stand again; accused of 'misgendering' chef

The clash between Alan Dershowitz, the lawyer widely recognized for representing Jeffrey Epstein and President Donald Trump, and a Martha's Vineyard p...

Business

Trump lawyer Alan Dershowitz's confronts pierogi stand again; accused of 'misgendering' chef

The clash between Alan Dershowitz, the lawyer widely recognized for representing Jeffrey Epstein and President Donald Trump, and a Martha's Vineyard p...

Business

Bessent says market expects Fed to cut rates this year: 'substantial probability'

Treasury Secretary Scott Bessent said Thursday that financial markets are pricing in a high likelihood of the Federal Reserve cutting interest rates b...

Business

Theranos founder Elizabeth Holmes seen jogging and carrying weights at federal prison in Texas

Elizabeth Holmes, the Theranos founder who's serving an 11-year sentence for defrauding investors over blood-testing technology that did not work, has...

Business

OpenAI's Sam Altman says GPT-5 could 'save a lot of lives,' fuel $100B enterprise AI boom

OpenAI CEO Sam Altman says the launch of CHATGPT-5 marks a major step forward in AI capabilities, one he believes could help save lives and unlock mas...

Business

India, China in the crosshairs as US eyes retaliation over Russia ties

As President Donald Trump moves to further isolate Russia over its ongoing war in Ukraine, the Kremlin's trade relationships with China and India coul...

Business

Former BLS commissioner says there are better ways to collect data for jobs reports

The processes used by the Bureau of Labor Statistics (BLS) to collect data for the jobs report have been under scrutiny after last week's disappointin...

Business

Sanctioning Russia Act threatens Moscow, allies with 500% tariffs

Through the Sanctioning Russia Act, bipartisan lawmakers are preparing to impose a 500% tariff — an all-out signal to the Kremlin and its partners: de...