Business news
- California's Ro Khanna faces Silicon Valley backlash after embracing wealth tax - A proposal to tax California billionaires at 5% of their wealth could land on the California ballot in November.
- Trump threatens to 'knock the hell' out of Iran if they build weapons - President Donald Trump threatened further military action against Iran during a Monday meeting at Mar-a-Lago with Israeli Prime Minister Benjamin Netanyahu.
- GM's record stock performance beats Tesla, Ford and other automakers in 2025 - General Motors' stock is having its best year since the company's reemergence from bankruptcy in 2009.
- Silver tops $80 for first time, then stages dramatic reversal overnight - Silver slid more than 3% on Monday, after topping $80 for the first time ever in overnight trading.
- Zelenskyy asks Trump for 50 years of security guarantees, says meeting with Russia possible - Ukraine's President Volodymyr Zelenskyy said Monday that he had asked for security guarantees for up to 50 years for Ukraine.
- DigitalBridge shares jump 50% after report SoftBank is in talks to acquire firm - The premarket move comes shortly after Bloomberg reported Japan's SoftBank was in advanced talks to acquire the data center investment firm.
- Ethereum Staking Entry Queue Surpasses Exit Queue After 3 Months — What’s Next for ETH? - A crucial catalyst for Ethereum rally is hiding in plain sight, signaling easing selling pressure and potentially driving a price recovery.
- China to crack down on AI chatbots around suicide, gambling - The proposed rules come as Chinese artificial intelligence chatbot startups Minimax and Z.ai have this month filed for Hong Kong IPOs.
- A Swedish city is being moved — building by building — amid Europe’s minerals push - Sweden's northernmost city of Kiruna is on the move because of ground subsidence from the expansion of the world's largest underground iron ore mine.
- European markets set to start the last trading week of 2025 in flat territory - European stocks are expected to start the last trading week of the year in flat territory.