Treasury posts unexpected surplus in June as tariff receipts surge
Last month saw a surplus of a little more than $27 billion, following a $316 billion deficit in May.
Finance (old posts, page 685)
'Superman' snares $22.5 million in Thursday previews on way to $140 million opening
"Superman" is expected to tally between $130 million and $140 million at the box office during its full three-day opening weekend.
Goldman Sachs is piloting its first autonomous coder in major AI milestone for Wall Street
The arrival of agentic AI at Goldman Sachs, in which programs don't just help with tasks but execute complex jobs, signals a shift on Wall Street.
Trump announces 35% tariffs on Canada starting Aug. 1, warns of higher levies if Ottawa retaliates
President Donald Trump announced a 35% tariff on Canadian imports, starting Aug. 1, the latest letter to a trade partner that threatens high rates.
Levi Strauss raises sales guidance, says it will absorb some tariff costs for now
Levi Strauss issued a rosy outlook for the duration of the year but the jeans maker could see costs rise as President Donald Trump continues to raise tariffs.
Levi Strauss raises sales guidance, says it will absorb some tariff costs for now
Levi Strauss issued a rosy outlook for the duration of the year but the jeans maker could see costs rise as President Donald Trump continues to raise tariffs.
FDA to consider drug affordability when granting new vouchers to speed up approvals, Makary says
It is unclear how the Trump administration will consider affordability when reviewing a drug, as prices are usually determined after an approval in the U.S.
IMAX is headed for its best year on record as it capitalizes on Hollywood's box office rebound
CEO Rich Gelfond is forecasting a $1.2 billion year for the company, which would be a record for the 55-year-old business.
How Iconiq, the wealth firm backed by Mark Zuckerberg, brings ultra-rich philanthropists together
Investment firm Iconiq uses a new philanthropy model that spurs big donors to give with more urgency.
Delta shares jump 11% after airline reinstates 2025 profit outlook as CEO says bookings stabilized
Delta cut its 2025 forecast after tariffs and hesitant consumers hit the brakes on trips this year.