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Business News

Location American Business News for 7 June 2025
Here's why SpaceX faces a bright future as government contractor despite Musk-Trump divorce SpaceX is deeply entrenched in some of the federal government's most technologically sensitive and lucrative contracts - giving Musk and Trump plenty of incentive to work together despite split.
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Trump's immigration, trade policies could cost tourism industry $12B: report His mass deportation efforts, costly trade war, anti-LGBTQ legislation and, most recently, a travel ban on 19 countries have hammered foreign arrivals and spurred anti-US boycotts.
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Republicans want to curb federal student loans -- and private lenders are ready to step in For the past several years, it's been a dream in some right-leaning corners of the U.S. political sphere to privatize the student-loan system.
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DOGE caucus leader says Elon Musk made a 'massive exaggeration' about spending cuts Shortly after the Trump-Musk feud blew up, a key DOGE-minded lawmaker in Congress had some pointed words about the world's richest man.
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Companies are dialing back their Pride Month celebrations — and angering both the left and the right Pride Month is a lot quieter this year, and companies that do show half-hearted LGBTQ+ support risk backlash from all sides.
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Singapore Clarifies Crypto Licensing Rules With Offshore-Only Activities Under Fire Singapore's looming licensing mandate forces offshore-only crypto providers into urgent compliance mode, threatening to cut off unregulated access to tokenized finance and digital asset markets. June 30 Sparks Compliance...
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The Trump-Elon Musk Feud Creates More Problems for Tesla

The New York Times - 7 Jun 2025 11:01
The Trump-Elon Musk Feud Creates More Problems for Tesla Already suffering from steep declines in sales and profit, the carmaker could now face the president's wrath.
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Can JPMorgan be unionized? Employees turn to their peers at Wells Fargo for advice. Inside JPMorgan workers' push to unionize, from free pizza to lessons learned from the prolonged labor drive at Wells Fargo.
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Trump bill set to add trillions to US debt pile - can America stop it climbing? Economists are concerned, politicians are angry - but the national debt keeps growing, no matter who's in charge In this febrile political era, few issues command stronger bipartisan support than the need for fiscal resp...
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TRUMP memecoin 'hasn't pumped' after Eric Trump says WLF will buy big stack The price of Official Trump coin briefly spiked 6% before pulling back, following Eric Trump saying the team "remain focused on building the most exciting MEME on earth."
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The S&P 500 isn't changing for now. Did this company get snubbed? Robinhood Markets' stock was falling in after-hours trading Friday.
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Supreme Court grants DOGE access to Social Security data, days after Musk stepped down The decision is the latest development in a battle over the Department of Government Efficiency's access to sensitive personal information.
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Martell Makes Bold U.S. Move To Lift The Cognac Market Mixology will be Martell's weapon of choice in its fight to rebuild the flagging cognac category.
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WBTC Delisting Fight Ends: Bit Global Drops Case Against Coinbase Bit Global has officially dropped its $1 billion lawsuit against Coinbase, with both firms agreeing to dismiss the case with prejudice, according to a joint court filing submitted Friday. Antitrust Accusation Dropped The...
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Northern Lights Forecast: These 10 States Could See Aurora Borealis Saturday Forecasters expect fair auroral activity Saturday that is anticipated to strengthen even more by Sunday night.
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NYT 'Strands' Today: Hints, Spangram And Answers For Sunday, June 8th Looking for help with today's NYT Strands puzzle? Here's an extra hint to help you uncover the right words, as well as all of today's answers and Spangram.
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AI leaders have a new term for the fact that their models are not always so intelligent Google CEO Sundar Pichai says there's a new term for the current phase of AI: "artificial jagged intelligence." It's marked by highs and lows.
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2025 Tony Awards: How To Watch, Start Time, Presenters And Performers Find out where to watch the 2025 Tony Awards on free TV and streaming, as well as the ceremony start time, presenters, performers, nominees and more.
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If It Keeps the Pace, Blackrock's IBIT Is on Track to Seize 1 Million BTC by Early 2026 Based on current data, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) collectively manage over 1.2 million BTC. Yet, two in particular--Blackrock's IBIT and Fidelity's FBTC--command a striking majority, accounting...
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Mastering How to Start a Subscription Business: Your Guide to Success Unlock the secrets to success with our comprehensive guide on how to start a subscription business. Discover essential strategies, tips, and best practices to launch and grow your subscription service effectively.
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Gavin Newsom And Jay Pritzker Offering Red States The Deal Of Lifetime It's odd that red states aren't taking the blue states up on an arrangement that to some degree erects a fence around economic foolishness.
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WWE Money In The Bank 2025: Men's IC Title Match Added Last Minute Dominik Mysterio will be defending his IC title at WWE Money in the Bank after all. Here's a look at the updated card.
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