Business
All the latest news stories about the business world: mergers, IPOs, trends, personalities, and more
Apple Invests $500 Million in U.S. Rare-Earth Supply Chain with MP Materials
Apple is investing $500 million in MP Materials to build a rare-earth magnet recycling facility in California and expand a magnet manufacturing plant in Texas.
Nvidia Sparks China Comeback with Export License for H20 A.I. Chip
Nvidia CEO Jensen Huang announced that the U.S. government will now allow export licenses for the company’s H20 A.I. chips to China.
Meta Confirms Launch of Superintelligence Labs
Mark Zuckerberg has announced the creation of Meta Superintelligence Labs, a centralized A.I. division overseeing applied research and product strategy.
Musk’s XAI Secures $10B in Funding
Elon Musk’s A.I. company xAI secured a total of $10 billion in funding.
Debt, Data, and Danger Signs: The State of the U.S. Consumer
NerdWallet Senior Economist Liz Renter shares what she's tracking in economic data, with a focus on U.S. household debt and rising credit card balances. Watch!
What’s in the latest version of Trump’s big bill?
At some 940-pages, the legislation is a sprawling collection of tax breaks, spending cuts and other Republican priorities, including new money for national defense and deportations.
‘F1’ opens with $55 million, delivering Apple its biggest big-screen hit
Apple has its first box-office hit. According to studio estimates Sunday, “F1 The Movie” debuted with $55.6 million in North American theaters.
Bezos-Sanchez Wedding Brings in $1.1B for Venice
Jeff Bezos and Lauren Sánchez held a lavish three-day wedding in Venice, attracting about 200 celebrity guests and featuring events at iconic venues.
China's Largest Coffee Chain Opens First U.S. Locations
Luckin Coffee, China’s largest coffee chain, launched its first two U.S. locations in New York City on June 30, 2025.
Warren Buffet Donates $6B in Berkshire Hathaway Stock
Warren Buffett donated $6 billion in Berkshire Hathaway stock to five foundations on June 30, 2025.
Tesla Delivers Driverless Model Y to Customer's Home
Tesla has successfully completed its first fully autonomous delivery of a Model Y from its Austin Gigafactory to a customer’s home.
