Today's Top Business News
Welcome to our business news section, where we bring you the latest headlines and in-depth articles on the business world. Stay informed and engaged with current events and trends shaping the industry today.
- 30 May 2025
Trump: US to increase steel import tariffs to 50% - BBC
President Donald Trump says the increase in tariffs will protect America's steel industry, along with an expected partnership with Japan. - 30 May 2025
Wall Street’s Macro Traders Get Schooled in Trump-Era Turbulence - Bloomberg.com
For anyone on Wall Street still clinging to a time-honored macro-investing playbook, Trump 2.0 has been a source of endless punishment. - 30 May 2025
Jamie Dimon warns US bond market will ‘crack’ under pressure from rising debt - Financial Times
JPMorgan Chase chief calls on Trump administration to set country on better fiscal path - 30 May 2025
Regeneron Crashes 18% On A Surprise Sanofi-Tied Failure - Investor's Business Daily
Regeneron stock crashed Friday after the company's Sanofi-partnered COPD treatment unexpectedly failed in a Phase 3 study. - 30 May 2025
Jamie Dimon says China isn’t America’s biggest threat. It’s ‘the enemy within’ - CNN
JPMorgan Chase CEO Jamie Dimon sounded a warning Friday on the fractious US relationship with China — and on “the enemy within.” - 30 May 2025
Imports plunge in early sign of Trump tariff impact - Politico
The numbers suggest that Trump’s policies are chipping away at the global trade deficit, which the president views as a key problem for the US economy. - No Image Available30 May 2025
Elon Musk sports BLACK EYE at final White House briefing with Trump amid drug use bombshell - Daily Mail
- 30 May 2025
Jamie Dimon says US should close loophole on this controversial tax break - New York Post
The comment from the biggest US bank’s top boss comes at a time when President Trump has also been hinting at closing the carried interest loophole. - 30 May 2025
Dozens sickened in expanding salmonella outbreak linked to recalled cucumbers - WRAL.com
Nearly four dozen people in 18 states have been sickened in an expanding outbreak of salmonella food poisoning tied to recalled cucumbers sent to restaurants, hospitals, cruise ships and grocery stores, including Target stores, federal health officials said F… - 30 May 2025
S&P 500 falls as Trump says China has violated trade agreement: Live updates - CNBC
President Donald Trump said China violated its preliminary trade agreement. - No Image Available30 May 2025
Trump Media Closes Bitcoin Treasury Deal - GlobeNewswire
Company Launches Far-Reaching Bitcoin Treasury Strategy SARASOTA, Fla., May 30, 2025 (GLOBE NEWSWIRE) -- Trump Media and Technology Group Corp.... - 30 May 2025
The Zuck and Luckey Reunion Enshrines Big Tech’s Dude Bro-ification - Gizmodo
Zuck fired the VR pioneer. Now they’re besties, again. - 30 May 2025
Oreo maker Mondelez sues Aldi, alleging grocery chain copies its packaging to confuse customers - AP News
Snack food maker Mondelez International is suing the Aldi supermarket chain for packaging its store-brand cookies and crackers in a way that “blatantly copies” products like Chips Ahoy and Wheat Thins. In a federal lawsuit filed this week in Illinois, Chicago… - No Image Available30 May 2025
The April PCE Inflation Data Are Here. What to Know. - Barron's
- 30 May 2025
Analyst resets Nvidia stock price target after CEO slams U.S. chip policy - TheStreet
Here’s what could be next for Nvidia. - 30 May 2025
Sellers outnumber prospective homebuyers as high prices and mortgage rates skew the housing market - AP News
Homeowners eager to sell may have to wait a while before a buyer comes along. As of April, the U.S. housing market had nearly 34% more sellers than buyers shopping for a home, according to an analysis by Redfin. Aside from April 2020, when the pandemic brough… - 30 May 2025
Costco's $1.50 hot dog is still a winner - Yahoo Finance
The $1.50 Costco hot dog — a still point in a turning world, immune to tariffs, inflation, or even Jay Powell — remains the most reliable deal in America. In... - No Image Available30 May 2025
Bitcoin Price, XRP Fall. The House Just Introduced a New Crypto Bill. - Barron's
- 30 May 2025
US imposes new rules to curb semiconductor design software sales to China - TechCrunch
Siemens EDA, Cadence, and Synopsys have received notices from the U.S. Commerce Department about new export controls on chip design software to China. - 30 May 2025
Advanced colon cancer patients lived twice as long with a Pfizer combo therapy, trial finds - NBC News
A combination drug treatment doubled survival time for patients with an aggressive form of colorectal cancer, according to late-stage trial data published Friday. - 30 May 2025
Summit shows mixed results from key study of lung cancer drug - statnews.com
Summit Therapeutics said its closely tracked antibody, the first lung cancer drug to beat Merck’s Keytruda in a head-to-head study, produced mixed results in a new trial. - 30 May 2025
Oil companies face a wrongful death suit tied to climate change - NPR
Julie Leon died of hyperthermia in Seattle on June 28, 2021 — the hottest day in the city's history. A lawsuit claims she was a victim of oil companies' "misrepresentations" about climate change. - 30 May 2025
Should a court break up Google? The tech giant makes its final stand today - NPR
Last summer a federal judge ruled that Google had monopolized the search market. Now the Justice Department and the tech giant had one last chance to argue over what the penalties should be. - 30 May 2025
Elon Musk is starting to realize Trump and GOP are killing Tesla - Electrek
Elon Musk is starting to realize, or at least admit, that Trump and the GOP are going to hurt Tesla... - 30 May 2025
Vice President J.D Vance backs Bitcoin, expects U.S crypto users to hit 100M - AMBCrypto
Vance called stablecoins a - 29 May 2025
Anthropic CEO warns AI will destroy half of all white-collar jobs - Mashable
Technology has often been bad news for blue-collar jobs. Now, white-collar workers could be facing pink slips. - No Image Available29 May 2025
Marvell Earnings Are Solid but Not Enough for Wall Street - Barron's
- 29 May 2025
Market Basket CEO is put on leave in new spat at family-controlled supermarket chain - NPR
The board alleges that CEO Arthur T. Demoulas has been planning a work stoppage at the Massachusetts-based retailer. It also says he has "resisted an appropriate succession plan for Market Basket." - 29 May 2025
Fed’s Powell tells Trump that rate moves are guided by ‘non-political analysis’ - Politico
Powell made no commitments, “except to stress that the path of policy will depend entirely on incoming economic information,” the Fed said. - 29 May 2025
Justin Bieber Celebrated Hailey’s Rhode Sale With a Photo Dump - The Cut
Justin Bieber celebrated the news of Hailey’s $1 billion Rhode acquisition with one of his favorite things: a photo dump. - 29 May 2025
Why Everyone’s Wrong About SpaceX’s Starship Rocket (and Musk Is Probably Right) - Inc.com
Starship is unlike other rockets. And SpaceX is testing it to destruction—deliberately. - 29 May 2025
Hit by Trump trade wars, U.S. economy falls 0.2% in first quarter, an upgrade from initial estimate - AP News
The U.S. economy shrank at a 0.2% annual pace from January through March, the first drop in three years, as President Donald Trump’s trade wars disrupted business, the government said Thursday in a slight upgrade of its initial estimate. First-quarter growth …