GLOBAL ECONOMY

A federal judge tentatively ruled Elon Musk will have to testify before SEC investigators about his $44 billion takeover of Twitter and whether his disclosures were misleading.

Charles McGonigal has been sentenced to four years in prison after pleading guilty to working for sanctioned Russian oligarch Oleg Deripaska.

The Biden administration announced Thursday that it is requiring pharmaceutical companies to pay rebates to Medicare after noticing that certain drug prices rose more rapidly than inflation.

The House panel looking into the strategic competition between the U.S. and the Chinese Communist Party aims to reset the economic relationship between the U.S. and China.

The Comptroller of the Currency's National Risk Committee flagged the emergence of artificial intelligence as a risk for banks to be aware of as they deploy the emerging technology.

The CEOs of the eight largest U.S. banks planned to push back on pending banking regulations as burdensome at Tuesday's hearing before the Senate Banking Committee.

U.S. Special Envoy for Climate John Kerry has pledged to slash the nation’s emissions from cooling-related appliances like refrigerators and air conditioning units.

A board appointed by Florida Gov. Ron DeSantis called out Disney for what it said was decades of tax breaks and schemes "akin to bribes" at the expense of Florida residents.

Novo Nordisk announced Thursday that it is pursuing legal action against two compounding pharmacies for allegedly selling compounded drugs that claim to contain semaglutide.

Mounjaro, which is the brand name for tirzepatide, was shown to be even more powerful than Ozempic in a recent study with adults who were overweight or obese.

The Chinese Railway Construction Corporation is in communication with Russian business leaders about possibly building a tunnel connecting Russia to Crimea, according to reports.

Treasury bonds, like all fixed-income assets, have been shellacked by inflation during the Biden administration, which has caused the dollar to lose more than 17% of its value.

Vivek Ramaswamy, a candidate for the 2024 Republican presidential nomination, provided an outline of his "Three Freedoms of Crypto" framework Thursday.

An rare stamp known as the “Inverted Jenny," was purchased on Wednesday for a record setting $2 million. The stamp depicts an upside-down aircraft.

Altana and Dataminr announced a new strategic partnership will leverage both firms' artificial intelligence to provide real-time monitoring of the supply chain through Altana's Atlas.

A man in South Korea died Tuesday after a robot was said to have mistaken him for a box and crushed him against a conveyor belt, police have said.

FIRST ON FOX: A Goldman Sachs small business initiative is calling on 2024 political candidates to oppose efforts to restrict small business owners' access to capital.

Eli Lilly's drug tirzepatide was approved by the Food and Drug Administration to help people who are overweight and have a weight-related medical condition lose weight.

The Consumer Financial Protection Bureau proposed a new regulation to apply consumer financial protection rules to nonbank firms that offer payment apps and digital wallets.

According to North Carolina officials, $170,000 worth of THC-infused snacks that were packaged using counterfeited brands were seized from store shelves.