OPEC+ ministers agreed Sunday to raise July oil output quotas by a total of 188,000 barrels per day; analysts say the increase is too small to push back against war-elevated prices in the Middle East.
South Korea's potential growth is projected to drop below 1.5% in 2027 for the first time, the OECD says, even as the same body recorded Korea's actual Q1 2026 growth as second-highest among OECD members on the back of a semiconductor surge.
The Pentagon awarded SpaceX a $4.16bn contract to build missile-tracking satellites for Trump's 'Golden Dome' defence system, deepening the company's government ties as it pursues a record IPO.
Anthropic raised $65bn in a Series H round at a $965bn post-money valuation, overtaking OpenAI as the most valuable AI startup, with the maker of Claude signalling it could be its last raise before an IPO.
Warsh, who has promised the biggest shakeup at the central bank in decades, takes over from Jerome Powell as traders forecast no rate cuts in 2026 despite Trump's pressure for lower rates.
Sam Altman's company is working with Goldman Sachs and Morgan Stanley and may file paperwork within days or weeks, the Wall Street Journal reported.
SpaceX filed its S-1 with the SEC seeking up to $75bn at a valuation of as much as $1.75 trillion, with Musk retaining majority voting power.
A federal jury cleared OpenAI and co-founder Sam Altman on Monday, ending Musk's high-profile suit; Musk vowed to keep fighting.
Gautam Adani and his nephew agreed to a combined $18m civil penalty Friday; separately the Justice Department is moving to drop criminal bribery charges after Adani hired a Trump legal adviser.
The federal jury in California retired Friday to weigh Elon Musk's claim that Sam Altman 'stole a charity,' a case the judge will ultimately decide after taking the jury's view under advisement.
Kevin Warsh, Trump's pick to replace Jerome Powell, was confirmed Wednesday by the narrowest Senate margin since the role required confirmation.
Attorneys for the regulator and Elon Musk appear before US District Judge Sparkle Sooknanan on Wednesday to argue the fairness of a settlement resolving the 2022 Twitter-stake disclosure case.
Trump Mobile CEO Pat O'Brien told USA Today the long-delayed Trump-branded phone begins shipping this week, with preorders fulfilled within several weeks.
Altus Property Group has cancelled the A$1.5bn Gold Coast project announced in February, blaming the Trump brand's standing in Australia and the Iran war; the Trump Organization blames the developer for missed obligations.
OpenAI CEO testified Tuesday that Musk pushed for majority ownership, suggested making OpenAI a Tesla subsidiary, and said control might one day go to his children.
Third-week trial in California; Musk seeks Altman's and Brockman's removal over OpenAI's pivot to for-profit structure.
Tesla, Apple, BlackRock and JP Morgan are represented in the delegation; Nvidia's Jensen Huang is notably absent.
Vote expected along party lines; Powell heads out under pressure as Trump continues push to influence the central bank.
