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Hollywood's Biggest Merger Is on Hold
A judge froze Hollywood's biggest merger. States say it locks up the market; studios say blocking it helps Netflix.
Read »Trump's Global Tariffs Expire Friday. What Fills the Gap?
The 15% global surcharge expires Friday. Congress hasn't moved to extend it, and USTR has a replacement plan.
US Imposes 25% Tariff on Brazil, Effective July 22
Trump's trade team hit Brazil with 25% tariffs, taking effect July 22. Lula says it's election meddling.
Trump Says the US Gets 20% of All Hormuz Cargo
After declaring the ceasefire over, Trump says the US will charge every ship to use the world's biggest oil chokepoint.
The Fed Named Marc Andreessen to Lead Its AI Panel
Marc Andreessen has $3.4 billion riding on AI. He now co-leads the Fed panel asking whether AI cuts inflation.
Is American Capitalism in Decline?
Wages trail productivity. New firms are disappearing. The U.S. leads in AI. Economists can't agree on the diagnosis.
Trump's New Tariff Law Hits 60 Countries. Nobody Agrees Why.
The Supreme Court killed Trump's tariffs. His replacement hits 60 countries under a law with no rate cap.
Starbucks Is Back on Wall Street. Not With Customers.
A viral video. New fees. A workers' strike. Starbucks looks better on earnings than it does on TikTok.
California Is Voting on a Billionaire Tax
SEIU just put it on the November ballot. Gov. Gavin Newsom is fighting it. Larry Page already left.
The Fed Trump Built Is Signaling Rate Hikes
Kevin Warsh's first meeting ended with half the committee prepared to tighten — the opposite of what Trump wanted.
The Fed Just Threatened a Rate Hike
Warsh's first meeting killed rate-cut hopes — and now half the Fed thinks borrowing costs could go higher.
Fox Is Buying Roku
A $22 billion bet on streaming consolidation — and everyone wants something different from it.
SpaceX Just Went Public at $1.75 Trillion
The biggest IPO ever is live. Bulls and bears can't agree on whether it's a bargain or a trap.
Bitcoin Just Had Its Worst ETF Week Ever
$3.4 billion fled Bitcoin ETFs in a week, the most ever — then the money started trickling back. Was it the Fed, or the end of the hype?
The Microshifting Trend
Work in 45-90 minute blocks, all day, around your life. 65% of workers say yes please.
West Marine Files for Bankruptcy
Largest US boating retailer. $549M in debt against $21.5M in cash. 59 stores closing, and probably more.
China's Solar Panel Glut
1,200 GW of capacity. 650 GW of global demand. $0.10-a-watt prices, well below production cost.
A Public Stake in AI Companies?
Sanders wants 50% of OpenAI, Anthropic, and xAI in a sovereign wealth fund. Trump is independently negotiating an OpenAI equity donation. But corporate taxes already exist...
The New Trump Tariffs
USTR just proposed 10-12.5% tariffs on 60 economies -- including the EU, UK, Japan, and China -- for failing to ban goods made with forced labor.
SpaceX Wants $2 Trillion
SpaceX filed for the biggest IPO ever, up to $2 trillion. A generational buy, sci-fi pricing, or an Elon fiefdom?