US

A new bill proposing a ban on stock trading by members of Congress is being introduced by the chair of the House Administration Committee to address ethics concerns.

Google co-founder Sergey Brin relocates some entities from California to Nevada amid a proposed statewide ballot initiative targeting residents with net worths exceeding $1 billion.

William Pulte is "very confident" that the Trump administration will successfully buy $200 billion in mortgage bonds and ban institutions from scooping up single-family homes.

Economists expect the December CPI inflation report to show price growth remained elevated and cautioned it may have a downward bias due to missing data from the government shutdown.

K-Cup billionaire Robert Stiller sold his Palm Beach mansion for $66.14 million after buying it for $66 million in 2023, missing $90 million target.

Consumer sentiment rose to 54 in the University of Michigan's latest survey, exceeding economists' expectations despite concerns about elevated inflation and a cool labor market.

Former Intel CEO Pat Gelsinger warns the United States still faces a long road to bring advanced chip manufacturing back from Asia despite recent milestones.

Venture capitalist Chamath Palihapitiya warns California lost $1 trillion as billionaires flee proposed wealth tax, threatening state budget and economy.

New York City Mayor Zohran Mamdani's bid to slow sale of rent-stabilized properties Thursday ran into trouble with a federal judge, a setback to his housing agenda.

Costco to open Los Angeles warehouse under 800-unit housing complex near LAX in 2027. Retail giant finds creative solution to enter dense urban markets.

Meta partners with Vistra, Oklo and TerraPower for nuclear energy amid AI race against China, becoming one of the largest corporate nuclear power buyers.

Trump administration targets alleged DISH fraud in FCC spectrum auction case. Company allegedly used sham entities to claim $3.3B discount improperly.