Joey Cappelletti / Associated Press:
Bernie Sanders proposes legislation to create a sovereign wealth fund financed via a one-time 50% stock tax on AI companies that reach $200M in annual AI sales — As artificial intelligence compan…
Australia news live: Labor promises ‘generous’ exemptions to small businesses and some trusts after backlash against capital gains tax reforms
Anthony Albanese lifts threshold for small businesses to get an exemption from CGT to $10m, five times the previous levelGet our breaking news email, free app or daily news podcastCoalition says it’s good Hanson and One Nation getting the scrutiny of a…
Warsh experiences worst ‘Fed day’ S&P 500 performance for a new chair since 1994
The S&P 500 tumbled more than 1% in Wednesday’s session, with losses steepening during Warsh’ innagural press conference as chair.
Even as Florida moves detainees from ‘Alligator Alcatraz’, activists fight for its permanent closure
Groups cite detainee maltreatment and degradation of surrounding land as reasons to close facility permanentlySign up for the Breaking News US newsletter emailAn alliance of environmental groups has welcomed reports that detainees have been moved from …
Jeffrey Gundlach says Fed’s Warsh is not going to be the ‘easy money’ chairman many hoped for
Gundlach said Warsh’s stance reduces the risk of overly accommodative monetary policy that could reignite inflation and push longer-term borrowing costs higher.
‘Whatever’: Trump now OK with Fed holding or raising rates as long as Powell not chair
Trump spent the first year and a half of his term bullying former Fed Chair Jerome Powell over his refusal to lower interest rates fast enough for the president’s liking
Florida man found with 34 open White Claw cans during DUI stop
A state trooper witnessed the driver traveling at speeds exceeding 90 mph, according to the Florida Highway Patrol
At G7 summit, Trump seems willing to back Ukraine. Europe isn’t banking on it.
The G7 summit shows Europe’s enduring desire to work with the U.S. But behind the flattery, leaders are showing new flexibility in dealing with the mercurial American president.
‘Not gold leaf, the real deal’: Macron tries to court Trump with lavish Versailles dinner
The US president arrived at the palace for a private dinner with his French counterpart, designed to ease tensions with a man prone to picking fights with Europe.
BNSF gets approval to develop Barstow transloading hub
The 4,500-acre inland site in Southern California will serve as a hub where ocean containers are transferred into 53-foot domestic boxes and as a staging point for some international freight.