Business

The Fair Work Commission says a 3.5% above-inflation increase to the minimum wage was necessary to avoid “entrenched” lower living standards among the millions of Australia’s lowest-paid workers. The president…

Heavily shorted AI stock is rapidly climbing the Fortune 500 originally appeared on TheStreet. Economic uncertainty in the U.S. may be high right now, and it may be rising even…

The California Public Utilities Commission failed to abide by state law when it slashed financial incentives for residential rooftop solar panels in 2022, environmental groups argued before the California Supreme…

The US has doubled tariffs on foreign steel and aluminum imports to 50%, pressing ahead in the face of criticism from key trading partners with a measure that Donald Trump…

You’ll save money on gas as a Tesla owner, but you might get sticker shock when it’s time to buy car insurance. Auto insurance for electric vehicles like Teslas generally…

Eight Mile Style, a company that owns some of Eminem’s most popular songs, is suing social media giant Meta over alleged copyright infringement. The lawsuit, filed in a federal court…

Donald Trump’s signature tax bill would blow a $2.4tn hole to America’s national debt over the next decade, according to a congressional budget office analysis, which came as Elon Musk…

(Corrects paragraph 14 to remove reference to Google and Amazon declining to comment. This line also appeared in an earlier version of this story.) By Anna Tong and Krystal Hu…

Donald Trump, once “totally against” Nippon Steel of Japan’s controversial $14bn takeover bid for US Steel, the second largest US steel producer, is now hailing the deal as a turning…