The Justice Department is suing California in an effort to block the state's enforcement of emissions standards for trucks.
Why it matters: It's the latest battle between President Trump and Democratic Gov. Gavin Newsom over whether California has the right to set tighter pollution limits than federal law requires.
UnitedHealth Group's public reputation is still reeling, yet its battered stock has been something that more and more investors can't seem to resist.
Why it matters: Recent interest in its stock, from everyday investors to Wall Street's titans, shows that investors have no issues looking past public sentiment when they see a path to share recovery.
A company seeking to open a temporary storage site for commercial nuclear waste acknowledged that New Mexico's political opposition has at least temporarily clouded its prospects.
Why it matters: Holtec International said a Supreme Court ruling in June over waste storage reaffirmed the company's license from the Nuclear Regulatory Commission to pursue the site in southeastern New Mexico.
It's been a week since President Trump issued an executive order to encourage 401(k) investment in private equity, and the biggest surprise so far is how quickly the rest of his administration has activated.
Why it matters: There will be a steep learning curve for all participants, but it can't really begin until the White House does its foundational work.
U.S. shoppers spent at a healthy pace in July, while June's spending was higher than initially thought as well, the Commerce Department said on Friday.
Why it matters: Despite concerns about the economy's health, consumer spending remained resilient, as summer sale events encouraged shopping.
Investors in emerging markets that have leaders who cast doubt on national economic data may have lessons for American traders, as President Trump continues to dispute official statistics.
Why it matters: The U.S. is by no means an emerging market or dictatorship. But looking at how markets around the world perform under authoritarian leadership holds some important lessons for domestic investors.
The West Wing has created a scorecard that rates 553 companies and trade associations on how hard they worked to support and promote President Trump's "One Big Beautiful Bill," a senior White House official tells Axios.
Why it matters: Trump works transactionally, and companies have rushed to pay demonstrative homage. Now, senior aides will have data to consult when considering corporate requests.
OpenAI CEO Sam Altman is still talking like the future belongs to him, a week after the rollout of the company's latest model raised a storm of criticism and questions about his strategy.
The big picture: Altman has heard the concerns, integrated some lessons learned and is charging forward with plans to spend literally trillions of dollars to build a slew of products and services, led by an even more ubiquitous ChatGPT.
House Speaker Mike Johnson's (R-La.) right flank is trying to bypass him repeatedly next month by forcing votes on releasing the Epstein files and banning congressional stock trading.
Hunter Biden won't apologize to first lady Melania Trump despite her threat to sue, he said in an interview withindependent journalist Andrew Callaghan released Thursday.
The big picture: The first lady's lawyers demanded that the son of former President Biden remove and retract commentary about her made in a separate Callaghan interviewearlier this month, including his assertion that convicted sex offender Jeffrey Epstein "introduced Melania" to President Trump.
A schism is emerging between members of Congress who want to ban their colleagues from trading stocks over how best to accomplish their shared goal.
Why it matters: Congressional stock trading has been the white whale of the last several Congresses, with lawmakers repeatedly trying and failing to pass a ban amid growing populist anger around the issue.
Higher tariffs and lower crop prices are dampening demand for John Deere equipment as the company says many of its customers "remain cautious" about the economy.
Why it matters: Deere serves as a reflection of the health of the American agricultural sector and construction industry.
The U.S. government has been holding discussions on taking an equity stake in the chip maker Intel, Bloomberg and the Wall Street Journal reported on Thursday.
Why it matters: A deal would be another turn by the Trump administration away from laissez-faire policies and toward state capitalism, as it seeks to bolster the domestic fabrication of semiconductors.
No, there is not a "music festival" coming to the streets of Washington, D.C. — but that's what social media users want apps' algorithms to think.
Why it matters: Amid President Trump's federal crackdown in the nation's capital, internet users are tailoring their language as they organize and encourage resistance.
For the first time in the history of the Olympic and Paralympic Games, LA28 — the organizing committee for the 2028 Summer Games — is selling temporary naming rights at competition venues.
Why it matters: Unlike other host countries, the U.S. government does not directly fund the Games, which has forced the host committee to find creative ways to raise capital.
The communications function is changing at a rapid pace and those within the role are expected to serve as key advisers to the business.
Why it matters: The guidance, experience and exposure that Jane Hynes — vice president of communications at Goggle Cloud — provides has prepared her mentees for this.
The NBA ownership carousel kept spinning on Tuesday, with private equity billionaire Tom Dundon agreeing to buy the Portland Trail Blazers for just over $4 billion from Paul Allen's estate.
The league also approved Bill Chisholm's purchase of the Boston Celtics, which was announced back in March.
Here are four things to know about the Blazers deal, based on conversations with sources familiar:
National Grid has agreed to sell its Grain LNG terminal near London to Centrica and private equity firm Energy Capital Partners for around $2.04 billion.
Why it matters: Grain LNG is Europe's largest liquefied natural gas import terminal, at a time when demand is soaring due to Russia's war in Ukraine.
Prices for wholesalers rose at the fastest pace in three years in July, the Bureau of Labor Statistics said on Thursday.
Why it matters: It is the latest warning that inflation might be reigniting across the U.S. economy as businesses grapple with higher tariff-related costs.
🪕 Trek on up to the Old Pool Farm in Montco this weekend for the annual Philadelphia Folk Festival. Headliners include SONiA disappear fear, John Gorka and Solas. Runs Friday-Sunday.
Tickets: Prices vary depending on day and add ons.
🍸 Party like it's the 1920s aboard the Olympia at the Independence Seaport Museum. Speakeasy Night is Friday from 6-9pm and includes games, themed drinks and snacks.
Investors, after driving stocks to record highs, are now starting to lose their appetite for risk, the S&P Global Investment Manager Index survey finds.
Why it matters: High valuations and continued uncertainty over tariffs are making investors more skittish. Plus we're also getting deeper into August and soon September, historically weak months for stocks.
People with low credit scores can expect to pay nearly $2,000 more annually on average for home insurance compared to those with high scores, a new analysis finds.
Why it matters: Credit scores aren't necessarily indicative of somebody's ability to pay their bills — and tying them to insurance prices can disadvantage low-income and minority homeowners, among others.
The Trump administration's D.C. crackdown with National Guard deployment and 24/7 federal patrols was ramping up on Wednesday night, drawing a sharp rebuke from religious leaders in the U.S. capital.
The big picture: President Trump maintains his unprecedented action in declaring a "crime emergency" in D.C. was necessary, but the interfaith group said his "sweeping language" to justify it is "inaccurate and dehumanizing, increasing the risk of indiscriminate arrests and the use of excessive force."
If you want to be happier, try acting like the CEO of your own life.
That's what behavioral scientist Arthur Brooks, who teaches at Harvard and contributes to The Atlantic, says in his new book "The Happiness Files," a collection of essays.
The big picture: "Your life is the most important management task you will ever undertake. It is, in fact, like a startup, where you are the founder, entrepreneur, and chief executive. And if you treat your life the way a great entrepreneur treats an exciting startup enterprise, your life will be happier, more meaningful, and more successful than it otherwise would be," Brooks writes in "The Happiness Files."
Taylor Swift opened up about the battle to own her masters during a rare podcast appearance on Wednesday that drew 1.3 million live viewers.
Why it matters: Swift's success with her re-recordings, The Eras Tour and buying her masters has reshaped how the music industry and artists think about rights.
