Japan’s exports rise for sixth straight month, thanks to cars and chip equipment
Japan’s exports rose for a sixth straight month in May, propelled by higher demand for cars and semiconductor-manufacturing equipment, government data showed Wednesday.
AbbVie says FDA approves Skyrizi for ulcerative colitis
AbbVie said that the heavily-advertised drug was now approved for four conditions across different so-called “immune-mediated” inflammatory diseases.
Trump Media shares continue to drop, as SEC move threatens to ding shareholders
Trump Media & Technology Group Corp. — the company behind former President Donald Trump’s Truth Social platform — said Tuesday that regulators allowed some of...
Citi’s investment-banking revenue tracking 50% above year-ago level
Citigroup’s investment banking unit is being driven by better mergers and acquisitions activity as well as capital-raising.
CBO raises U.S. budget-deficit forecast to close to $2 trillion
The U.S. budget deficit is projected to hit $1.92 trillion this year, up from $1.69 trillion in 2023, according to updated projections from the Congressional...
Amazon hit with $5.9 million fine as California says it failed to disclose quotas to workers
Amazon has been fined $5.9 million by a California labor agency accusing the online retailer of failing to sufficiently disclose productivity quotas to employees at...
Tuatara Capital to run Cannabis NYC Loan Fund to fuel social-equity program
A private-equity firm led by Wall Street veterans that has backed Willie Nelson’s pot brand Willie’s Reserve as well as multi-state operator Verano has been...
Why the immigration surge under Biden is saving taxpayers money
A wave of illegal border crossings in recent years has sparked heated debate over U.S. immigration policy, but official estimates suggest the surge in migration...
This family of four is hoping GoFundMe will save them from eviction — similar fundraisers have increased 40% since the pandemic
Rents aren’t growing as fast as they once were, but they’re stuck at a level where many people can’t afford them.