The longtime 60 Minutes correspondent Scott Pelley, who was fired by CBS News on Tuesday after clashing with the network’s new management, issued a public statement accusing the network’s new executives of silencing employees and claiming they instructed him...
Donald Trump has threatened tariffs of between 10% and 12.5% on 60 trading partners including the UK, the EU and Australia over alleged forced labour failures, in the latest attempt to revive his signature trade policy.
The EU immediately hit...
US federal workers laid off by the Trump administration say they are experiencing mental health effects, including PTSD-like symptoms, from losing their jobs, according to a new survey.
More than 300 fired probationary employees were surveyed, with 95% reporting ongoing...
Federal authorities are investigating whether George Santos, the disgraced former Republican congressman from New York, engaged in insider trading by betting on a prediction market on his own attendance to the State of the Union address, multiple news outlets...
A federal jury in California has convicted short seller Andrew Left of securities fraud.
Left, who was a securities analyst, trader and guest commentator on television channels including CNBC and Fox Business, was charged in July 2024 with one count...
Google’s parent company, Alphabet, has said it plans to raise up to $80bn (£59bn) in equity to fund its vast artificial intelligence infrastructure investments, raising further questions over the economics of the AI boom.
The move, the largest equity fundraising...
Congressional Democrats are strongly opposing a US Department of Labor proposal that would allow 401(k) investments to include cryptocurrency, private credit and private equity assets, arguing the change will expose workers to riskier and more complex investments.
In a letter...
Anthropic has filed confidentially for an initial public offering on the US stock market, the company announced on Monday. The AI firm makes the Claude chatbot, popular with software engineers and other business clients, and has seen a meteoric...
Scott Pelley, a veteran 60 Minutes correspondent, called out CBS News management in a heated meeting on Monday morning, attacking the network’s decision on Thursday to fire the show’s executive producer, executive editor, and two fellow correspondents, Sharyn Alfonsi...
Jerome Powell, the former chair of the Federal Reserve, has warned that a single act of political interference in monetary policy could permanently destroy public trust in the central bank.
As Donald Trump’s administration continues to test the Fed’s longstanding...