Cash-starved states run by Democrats are moving to squeeze more revenue out of their wealthiest residents with a new "millionaires tax" that they say makes the tax code more equitable.
President Trump says he's considering a "joint venture" in which the U.S. and Iran charge tolls for ships transiting the Strait of Hormuz, a major passage for oil tankers and a key point of leverage in the Middle East conflict.
Corporate foundations' philanthropic commitments were called into question this past year as tariff-driven uncertainty, rising costs and tax law changes prompted many companies to reconsider their charitable strategies.
A subsidiary of a Hong Kong-based conglomerate started arbitration proceedings against Danish logistics and port group Maersk, accusing the company of aligning with Panama in a scheme to take over its port operations on the Central American country's ...
Markets are cheering the two-week ceasefire struck by President Trump and leaders in Iran, with investors scrambling to buy up stocks after a six-week conflict marked by periodic Wall Street selloffs.
Wall Street surged in Wednesday premarket trading as oil prices plunged 16% after the U.S. and Iran agreed to a two-week ceasefire that includes the reopening of the Strait of Hormuz.
President Donald Trump said Wednesday that the U.S. will work with Iran to "dig up and remove" its enriched uranium that was buried under joint U.S-Israeli strikes last summer.
Amazon and the U.S. Postal Service have reached a new deal that will see a 20% drop in Amazon deliveries made via the postal system, according to reports.
The Trump administration will spend nearly $39 billion in the next several years on rapidly building the first parts of the new Golden Dome nationwide missile defense system.