The big picture: Eligible individuals who purchased or owned Siri-enabled devices between Sept. 17, 2014 and Dec. 31, 2024 could receive up to $20 per device, for up to five devices.
Why it matters: Figma becomes the first U.S. unicorn in line for what's expected to be a large group of post-Labor Day IPOs, although it technically could price before then.
President Trump and Department of Homeland Security Secretary Kristi Noem on Tuesday endorsed the idea of prosecuting CNN for its critical coverage of U.S. strikes in Iran and reporting on an app that warns of immigration raids.
The big picture: Trump's years-long disdain for the media spiked after multiple outlets covered a leaked preliminary report on the strikes, with the president calling for reporters to be fired and threatening to sue The New York Times and CNN.
U.S. homeowners are fed up with power outages and rising electric bills, and they're looking for better ways to power their homes.
Get up to date: A new survey of 1,000 homeowners in California, Florida and Texas — three states affected by climate volatility and aging infrastructure — was conducted by Horowitz Research. It revealed how deep the frustration runs.
President Trump said Tuesday that DOGE could investigate Elon Musk, the latest indicator that his patience with the Tesla CEO is running thin.
The big picture: The two men have engaged in a war of words in the past 24 hours, with Musk taking to X to vent his objections to the president's "big, beautiful bill" and the estimated trillions of dollars it would add to the national debt.
Lululemon is suing Costco Wholesale, accusing the retailer of selling cheaper, unauthorized imitations of some of its popular clothing items.
Why it matters: The lawsuit could signal a pushback from original creators trying to reclaim control over their product designs, despite the "dupe" economy thriving on social media.
Crowdfunding platform Republic has begun selling reservations for "mirror tokens" for equity upside in select unicorn companies. It began last week with SpaceX, and on Tuesday is launching both Anthropic and Epic Games.
Why it matters: This is the latest step in the march toward private market democratization, as retail investors otherwise wouldn't have access to such names.
NATO nations last week agreed to spend at least 5% of GDP on defense by 2035, in a major diplomatic win for the Trump administration.
Why it matters: This is a strong tailwind for defense-tech startups, which in the past few years have moved from venture capital's Island of Misfit Toys to Love Island.
Shares in Tesla sank early Tuesday after President Trump threatened to go after Elon Musk's federal subsidies.
Why it matters: A few months ago Musk and Trump's close relationship was seen as the key to making Tesla massively more valuable. Now, their split is becoming more of an existential threat to the company.
AI giant Nvidia and boldface names in tech and finance are backing a new startup that aims to transform data centers into flexible grid assets instead of liabilities.
If stocks are up, they tend to keep going up. But the companies that drove the market higher in the first half of 2025 are not typical of bull markets.
Why it matters: As investors confronted uncertainty, with a record number of companies mentioning the term on earnings calls, market leadership skewed more defensive than growth-oriented.
The S&P 500 hit its fifth all-time high of the year Monday, with consensus building around more to come as we enter the second half of the year.
But strategists warn this stock market rally is not risk-free.
Why it matters: Institutional investors are scarred from missing out on the April snapback, which could be priming them for a bias toward optimism that misses three big potential risks.
Why it matters: Critics say President Trump's megabill amounts to an abject surrender in the battle for the future of energy. The consequences for U.S. jobs, electricity prices and the AI arms race could reverberate for decades.
Elon Musk again blasted President Trump's signature spending bill Monday as the Senate worked through a marathon amendment session to send the measure to the Oval Office by July 4.
The latest: Hours after Musk threatened to form a new political party if the "big, beautiful bill" passed, Trump claimed early Tuesday the Tesla CEO "may get more subsidy than any human being in history" and suggested he may have DOGE, which the Tesla CEO once spearheaded, take a "good, hard, look" at the billionaire's companies.
Korean food — ranging from the fine cuisine that wins James Beard awards to the gooey corn dog cheese pulls trending on TikTok — is surging in popularity across the U.S.
Why it matters: Although most Asian restaurants in America serve Chinese, Japanese or Thai food, there's clearly an appetite for more Korean restaurants.
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