
Business
All the latest news stories about the business world: mergers, IPOs, trends, personalities, and more


Polymarket Dives into Perpetual Futures Rivaling Kalshi
Polymarket announced it is expanding into trading of perpetual futures contracts, escalating a heated rivalry with Kalshi.

SpaceX Strikes Blockbuster Deal with A.I. Coding Startup Cursor
SpaceX has struck a deal with AI coding startup Cursor, securing the right to acquire the company for $60 billion later this year.

StubHub Shares Pop at IPO Debut
StubHub priced its IPO at $23.50 per share, raising about $800 million by selling roughly 34 million shares.

ABC Pulls 'Jimmy Kimmel Live' Off the Air
ABC pulled “Jimmy Kimmel Live!” off the air indefinitely after backlash to Kimmel’s remarks about President Trump and the death of Charlie Kirk.

Fizz, Fame & Fortune: Poppi’s Billion-Dollar Journey with Co-Founder Allison Ellsworth
Poppi Co-Founder Allison Ellsworth shares how the prebiotic soda went from Shark Tank to a $1.95B PepsiCo deal—gut health, grit, and big brand moves.

Finally! Fed Slashes Rates, What It Means for You and Your Money
Unpacking Jerome Powell’s surprise rate cut with Tematica Research CIO Chris Versace—what it signals, who wins, who loses, and what smart investors do now.

YouTube Announces $100 Billion Payout to Creators
YouTube has announced that it has paid out over $100 billion to creators, artists, and media companies since 2021.

Eli Lilly To Spend $5 Billion in New Virginia Plant
Eli Lilly announced plans to build a $5 billion manufacturing facility in Goochland County, Virginia, aimed at producing active pharmaceutical ingredients.

U.S. Safety Agency Probes Tesla Model Y Door Handles
The U.S. National Highway Traffic Safety Administration has launched a preliminary investigation into about 174,000 Tesla Model Y vehicles.

Microsoft Pledges $30B Boost to UK A.I. Infrastructure
Microsoft announced a sweeping plan on Tuesday to invest over $30 billion in the U.K. by 2028, including $15.5 billion in capital expenditures.

Mortgage Rates Fall Sharply as Fed Rate Cut Expected
Mortgage rates dropped steeply on Tuesday, with the average rate for a 30‑year fixed mortgage hitting a little above 6%.
