Money

The U.S. national debt is climbing at a rapid pace, on track to double over the next three decades amid a rush of spending by President Biden and Congress.

Former confidants Donald Trump and Elon Musk's relationship deteriorated after Musk's departure from the Department of Government Efficiency and criticism of Trump's tax bill.

Iconic musician Brian Wilson of The Beach Boys has died at 82, with the band having sold their intellectual property for $64 million in 2021 despite early financial missteps.

Multiple states and the District Columbia are pushing back on bankrupt 23andMe’s plans to sell customer genetic information in a newly-filed lawsuit.

Businesses looted during Los Angeles anti-immigration enforcement riots against deportations, with T-Mobile, Apple stores damaged as police make arrests

The Department of Government Efficiency X account announced millions of dollars in savings tied to the cancellation of "111 wasteful contracts."

Job cuts surge 80% in first five months of 2025 with federal funding cuts and retail store closures from companies like JCPenney, Macy's and Joann driving the trend.

Office of Management and Budget director Russ Vought defended the Trump administration's economic package as 'fiscally responsible' despite concerns about adding to national debt.

Elon Musk's public feud with President Donald Trump over the GOP tax package's deficit impact put the federal funding that Tesla and SpaceX have received in the spotlight.

Jimmy Buffett’s widow and the co-trustee of the late singer-songwriter’s estate, Richard Mozenter, are at odds with each other over the $275 million trust.

The intensifying feud between Elon Musk and President Donald Trump sent Tesla's stock plunging as investors worried about a tougher regulatory environment for the company.

Layoffs increased by nearly 50% in May compared with last year, as DOGE was cited as the leading cause of 284,044 job cuts in 2025 so far, representing about 40% of cuts.