Business & Economy
Too sick to work, but can they prove it? New Medicaid rule worries patients
On hot afternoons, DeAnna Brandon's three dogs zag around while she splashes in a backyard kiddie pool with her grandkids. These are the moments the 48-year-old blood cancer survivor cherishes - and wonders if she will get to have in the years to come.
U.K. defense secretary quits, says government isn’t willing to spend enough on military
U.K. Defense Secretary John Healey unexpectedly resigned on Thursday, saying the government isn't willing to spend enough on the military at a time of "rising threats."
U.S. jobless aid filings up to 229,000 last week, remain historically low despite Iran war headwinds
U.S. applications for jobless aid rose modestly last week, but remain at a historically low level despite economic headwinds brought on by the war in Iran.
U.S. military disables third tanker for violating Iran blockade this week
The U.S. military said Thursday it disabled an oil tanker in the Gulf of Oman for attempting to transport Iranian oil.
Elon Musk’s SpaceX is about to make its debut on Wall Street. What to know
Elon Musk's rocket company SpaceX will make its debut on Wall Street Friday and both institutional and retail investors are expected to gobble up the 555.6 million shares going up for sale at $135 apiece. Musk, already the world's richest man, could become its first trillionaire.
$60M and 7 federal agencies required to stage Trump’s UFC fight at White House
President Donald Trump's planned UFC fight on the White House's South Lawn has required a monumental effort from more than seven federal agencies, hundreds of staff working onsite daily and at least $60 million, according to a legal filing that offers a glimpse into the preparations.
Visa plugs its payment network into ChatGPT, letting AI agents shop and pay for users
Betting that people will soon grow more comfortable having artificial intelligence agents shop for groceries, plane tickets or diapers on their behalf, payments giant Visa said Wednesday that it has embedded its payment network inside of ChatGPT, empowering the chatbot to independently shop and complete transactions.
Administration plans intensive, year-round construction schedule for Trump’s triumphal arch
Construction of the 250-foot-high triumphal arch that President Donald Trump wants built near the Lincoln Memorial could occur 20 hours per day, year-round, as officials push to complete the project within three years, according to a preliminary assessment by the National Park Service.
In NIL case, judge’s decision about ‘associated entities’ will loom large in college spending
A federal magistrate heard arguments Wednesday over whether multimedia rights companies that represent university athletic departments are subject to the same rules governing millions in thid party name-image-likeness payments to players that are reshaping college sports.
Trump has a new, surprising take on the higher cost of living: ‘I love the inflation’
President Donald Trump on Wednesday showed how he had learned to stop worrying about inflation and simply, in his own words, "love" it.
Anthropic pledges $200 million to research AI’s economic impact as CEO suggests job loss solutions
Anthropic on Wednesday joined growing calls for the artificial intelligence industry to find ways to cushion people from the technology's disruptions, announcing an initial $200 million investment to research AI's impact on jobs and the economy.
Saudi Arabia lifts 5-year ban on Lebanese imports, marking a thaw in Gulf-Lebanon ties
Saudi Arabia announced Wednesday the end of a ban it imposed on Lebanese imports five years ago, marking a major step in attempts to rebuild relations between Lebanon and Gulf countries.
Trump names former CFPB official Brian Johnson to be agency’s next permanent director
President Donald Trump has named Brian Johnson as his choice to be the next director of the Consumer Financial Protection Bureau, turning to a former official who helped run the CFPB during his first term to now run the bureau for the test of his second term in office.
Lawsuit challenges Trump administration’s land swap with SpaceX in Texas
Environmental groups on Wednesday sued attempting to stop the Trump administration from giving SpaceX more than 700 acres (280 hectares) of wildlife refuge in Texas, claiming it would worsen ecological risks to a Gulf Coast region already transformed by billionaire Elon Musk's rocket operations.
‘A wash’: World Cup host cities in U.S. unlikely to recoup nine-figure investments
World Cup host cities across North America have shelled out hundreds of millions of dollars for security, watch parties and stadium renovations ahead of this year's tournament, which begins Thursday. But, according to experts, they're unlikely to recoup those investments.
Prediction market Kalshi aims to stop insider trading
Prediction market platform Kalshi said Tuesday that it added measures, including verification of employment for certain wagers, to stop insider trading.
Law firms cheated in filing claims with NFL’s $1 billion concussion settlement fund, report says
The court officials overseeing the NFL's $1 billion-plus settlement fund for concussion-related injuries have barred five law firms from handling any more claims from former players, after finding that they fraudulently steered clients toward doctors willing to give them a Parkinson's disease diagnosis whether they exhibited symptoms or not.
EEOC’s broad reading of ‘disparate impact’ ran afoul of civil rights law, Justice Department says
The Department of Justice said the Equal Employment Opportunity Commission violated federal civil rights law by issuing guidelines that pressured companies to make race-based decisions in the workplace or risk a lawsuit.
New bill would require states to report food-stamp fraud
Sen. Rick Scott, Florida Republican, introduced a bill Wednesday that would make states submit fraud data in the Supplemental Nutrition Assistance Program.