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For roughly 76 million American households, federal income taxes could eventually disappear—if a proposal by billionaire Amazon founder Jeff Bezos ever becomes reality.The now Blue Origin owner argued in a recent interview with CNBC that the bottom half of...

Nonprofit fraud is in the news a lot these days.Federal investigators in Minnesota prosecuted one of the largest alleged COVID-19 pandemic fraud schemes, in which several nonprofits and individuals are accused of stealing about US$250...

When the supply of toilet paper started running out back in 2013, the Venezuelan authorities came up with a novel explanation. “95% of people eat three or more meals a day,” the president of the National Statistics Institute, Elias Eljuri, said at the time. The...

President Donald Trump is so wealthy he doesn’t need to trade stocks himself, argued Vice President JD Vance, after the President’s ethics report last week revealed a flurry of stock trading in an account held in Trump’s name.During an...

Elon Musk’s new pay package at SpaceX, the largest in corporate history, comes with one little catch: He doesn’t get the money until one million people live on Mars.The SpaceX board granted Musk one billion restricted shares of Class...

SpaceX filed its long-awaited S-1 registration statement with the Securities and Exchange Commission on Wednesday, formally kicking off what is set to be one of the most consequential—and closely watched—initial public offerings in corporate history.The company, officially registered as...

Nvidia, the world’s most valuable company, delivered a sales forecast that drew a tepid reaction from investors, even as revenue from data center operators continued to surge. Sales in the three months ending in July will be $91 billion, the...

Nvidia has another blockbuster earnings report after the bell Wednesday, and Wall Street, as per usual, is readying the fireworks.Analysts expect revenue of $78.8 billion, almost 80% higher than just a year earlier. Earnings per share are projected at...

As artificial intelligence casts a shadow over career prospects, it is becoming an unwelcome subject at this season’s college commencements. At several campuses, graduates have interrupted speakers with stadium-wide boos when the topic turned to AI.Former Google CEO Eric Schmidt faced...