Today's latest breaking news about business and finance including tech, industry, crypto, and the stock market.
Prominent tech entrepreneurs are threatening to leave California if a proposed wealth tax targeting billionaires becomes law, warning of devastating economic consequences for the Golden State.
China's Ministry of Industry and Information Technology announces new regulations prohibiting Tesla's signature retractable door handles, citing fears of occupants being trapped during emergencies.
Data center expansion has pushed electricity prices up 13% nationwide as AI companies prioritize profits over American families struggling with rising energy costs.
Electricity prices have surged 13% in just one year as massive data centers consume unprecedented amounts of power, and working-class Americans are footing the bill while tech elites promise AI utopia.
Commerce Secretary Howard Lutnick has eliminated a staggering $21 billion in regulatory burdens with one decisive action, proving President Trump's promise to slash government red tape is delivering real results for hardworking Americans.