Edwin Castro, the historic $2.04 billion Powerball winner, has reportedly lost one of his multimillion-dollar homes in the recent Los Angeles-area wildfires.
Former Illinois House Speaker Michael Madigan is seeking to block prosecutors from questioning his long-time law partner about the profits generated by their private law firm. Prosecutors argue the firm's lucrative earnings, reportedly more than $1 million annually for Madigan as a 50% partner, are central to understanding his motives in the corruption case.
Apple is approaching a historic $4 trillion stock market valuation, driven by renewed investor confidence in its artificial intelligence advancements and expectations of a new wave of iPhone upgrades.
Robert F. Kennedy Jr., President-elect Donald Trump’s nominee for Secretary of Health and Human Services, earned approximately $10.7 million in 2023, with much of his income stemming from his work with various law firms and his leadership of a vaccine-skeptic nonprofit. According to recently amended financial disclosures filed as part of his presidential campaign, Kennedy also holds significant assets, including between $500,001 and $1 million in Bitcoin and commercial real estate in Chicago worth hundreds of thousands of dollars.
The U.S. economy added 227,000 jobs in November, surpassing economists’ forecast of 215,000, the Department of Labor reported Friday. The unemployment rate edged up slightly to 4.2%, as more individuals entered the workforce.
All three major U.S. stock indexes closed at record highs on Wednesday, fueled by a strong rally in technology shares and encouraging comments from Federal Reserve Chair Jerome Powell. Salesforce’s positive earnings report and upbeat market sentiment contributed to the surge, while Powell’s remarks on the economy provided an additional boost.
The Biden administration has committed to a $6 billion loan to electric vehicle manufacturer Rivian to construct a new factory in Social Circle, Georgia,...
The Department of Justice has announced that the ridesharing app Lyft will pay $2.1 million in civil penalties for misleading drivers about their potential earnings.
Google is heavily invested in AI technologies, both for its internal operations and in its broader business strategy.
During the company's Q3 earnings call on...
