The Latest Breaking News on Business

How St. Paul's Rent Control Experiment Backfired Spectacularly

Construction of new housing collapsed in the Minnesota city as builders took their business elsewhere.

Reason · Sep 2

Temperature check: alarm as prediction markets lean into weather and climate bets

Climate experts warn that US Kalshi and Polymarket users are ‘gamifying disasters’ as they bet on events like heatwaves and daily temperatures

The Guardian - US · Sep 2

Trump's Venezuela Oil Deal Sells Out Democracy and Free Markets

The Trump administration isn't trying to end socialism in Venezuela. Instead, it is doing socialism in Venezuela.

Reason · Sep 2

Sony's $7.85 Million PlayStation Settlement: Who Could Get PSN Credit And What Happens Next

Sony's proposed $7.85 million PlayStation settlement could pay eligible users in PSN credit. Here's who qualifies and what happens on October 15.

Player One · Sep 3

Is Boeing Stock Underperforming the Nasdaq?

Though Boeing has lagged behind the broader Nasdaq Composite over the past year, Wall Street analysts remain strongly optimistic about the stock’s prospects.

Barchart · Sep 2

Chinese AI models threaten US industry by being up to 90% cheaper — and they're driving Google, OpenAI, and Anthropic out of the open market

In the space of a year, US AI model share has dropped considerably as cheaper Chinese alternatives take their places.

TechRadar · Sep 2

LVMH Completes Sale of Marc Jacobs in $925 Million Deal

LVMH has completed the sale of Marc Jacobs to a joint venture between WHP Global and G-III Apparel Group in a transaction valued at approximately $925 million. Marc Jacobs will remain the brand's founder and creative director.

Fashion Times · Sep 2

Dell Stock Reverses 6.8% Sell-Off, Surges After $25 Billion Forecast Raise Flips the AI Trade

Dell Technologies raised its fiscal 2027 revenue forecast by $25 billion, driven by strong AI demand, despite supply constraints. Shares surged nearly 11% following the announcement.

International Business Times UK · Sep 2

Chips won't taste good unless made in US

President Donald Trump already imposed 25% tariffs on certain advanced semiconductors, ordering those import charges in January after a Commerce Department probe into the trade. However, a new round of tariffs could extend their reach beyond semiconductors to products containing chips - hitting imports of data center servers and consumer…

The Economic Times · Sep 2

Lockheed Martin Stock: Is LMT Outperforming the Industrial Sector?

Although Lockheed Martin has outperformed relative to the industrial sector over the past year, Wall Street analysts maintain a cautiously optimistic outlook on the stock’s prospects.

Barchart · Sep 2