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The president-elect took no position on the app’s First Amendment challenge to the law, which sets a Jan. 19 deadline to sell or close the popular platform.

Sales of the company’s cars are flagging, but investors are focusing on the potential of autonomous driving and Mr. Musk’s ties to President-elect Donald J. Trump.

The company, owned by the Amazon founder Jeff Bezos, also received approval from the Federal Aviation Administration to launch the vehicle to orbit.

Safety issues with the Boeing 737 Max and mass employee strikes made for a challenging 2024.

Strategists expect the artificial intelligence trade will mature in 2025 to benefit companies beyond those buying and creating new AI chips.

Treasury Secretary Janet Yellen said her agency will need to start taking “extraordinary measures,” or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling, as early as January 14, in a letter sent to congressional leaders Friday afternoon. "Treasury expects to hit the statutory debt ceiling between January 14 and January 23," Yellen wrote in a letter addressed to House and Senate leadership, at which point extraordinary measures would be used to prevent the government from breaching the nation's debt ceiling — which has been suspended until Jan. 1, 2025. The department has in the past deployed what are known as “extraordinary measures” or accounting maneuvers to keep the government operating.

(Bloomberg) -- The dollar is headed for its best year in almost a decade as US economic strength reins in expectations for the Federal Reserve’s rate-cutting cycle and President-elect Donald Trump’s threats of harsh tariffs underpin bullish bets on the currency. Most Read from BloombergMigrant Crisis Pushed US Homelessness to Record High in 2024The Bloomberg Dollar Spot Index rose more than 7% so far this year, the best run since 2015. All currencies in the developed world weakened against the g

Donald Trump has asked the US Supreme Court to delay a legislative deadline that would force a sale or ban of TikTok to allow for a “political...

The Treasury secretary urged Congress to protect the full faith and credit of the United States by raising the debt limit.

O'Leary Ventures Chairman Kevin O'Leary weighs in on President-elect Trump's proposal to have Canada join the U.S.

A fierce dispute erupted in the president-elect’s camp between immigration hard-liners and tech industry leaders including Elon Musk.

Wall Street looked to be slogging to the finish of a largely triumphant year.

A federal appeals court on Friday largely rejected Starbucks' appeal of a National Labor Relations Board finding the coffee chain illegally fired two Philadelphia baristas because they wanted to organize a union. The 3rd U.S. Circuit Court of Appeals said Starbucks lacked standing to challenge the constitutionality of NLRB administrative law judges, in a possible setback for companies such as Amazon.com, Trader Joe's and Elon Musk's SpaceX that have sought to limit the agency's enforcement powers.

Consumers' interest in EVs is rising at a slower rate than previously projected, which prompted several leading automakers to adjust their EV goals and production plans in 2024.

Among the notable figures who died in a sometimes polarizing 2024, many championed justice, equal rights and political freedom.

The Federal Reserve indicated a slower pace of interest rate cuts in 2025. Savers with high-yield savings and other cash-like accounts should benefit.

(Reuters) -OpenAI on Friday outlined plans to revamp its structure, saying it would create a public benefit corporation to make it easier to "raise more capital than we'd imagined," and remove the restrictions imposed on the startup by its current nonprofit parent. The acknowledgement and detailed rationale behind its high-profile restructuring confirmed a Reuters report in September, which sparked debate among corporate watchdogs and tech moguls including Elon Musk. At issue were the implications such a move might have on whether OpenAI would allocate its assets to the nonprofit arm fairly, and how the company would strike a balance between making a profit and generating social and public good as it develops AI.

Republicans in Congress have tried to defund public media for decades. With the help of Elon Musk, could they finally make good on their threat?

Wall Street looked to be slogging to the finish of a largely triumphant year.

He built Suzuki Motor from a small company into a global powerhouse, entering the Indian market in the 1980s in one of his early successes.

Everyone from Jamie Dimon to the International Monetary Fund is ringing alarms about the shadowy world of private credit. But the money keeps rolling in.

Alicia Munnell started the Boston College Center for Retirement Research in 1998. As she prepares to leave, she says fixing Social Security should be a priority now.

The US government long had the nation’s biggest tech giants in its sights, and in 2024 it hit bullseye. But Wall Street doesn't appear rattled — yet.

Treasury yields were higher Friday as traders assess data on jobless claims and wholesale inventories.