International Business Times

Elon Musk's DOGE Blocked From Accessing Labor Department Data In Stunning Win For Unions

A federal judge temporarily blocked Elon Musk's Department of Government Efficiency from accessing Labor Department data, marking a major win for unions.

Tesla Sales Plummet as Experts Blame Musk's Government Overhaul
IRS Employees Who Took Trump 'Buyout' Ordered to Stay, Told Their Work Is Too 'Essential'
Top Government Official Forced to Resign After Appearing to Fail Trump 'Loyalty' Test: Report

IRS Employees Who Took Trump 'Buyout' Ordered To Stay, Told Their Work Is Too 'Essential'
Internal Revenue Service (IRS) employees who accepted the Trump administration's buyout and opted for deferred resignation have been asked by their employers to continue working for a few months due to the "essential" nature of their jobs.
OpenAI Says To Host Some Customers' Data In Europe
ChatGPT developer OpenAI on Thursday said it will allow some European customers to store and process data from conversations with its chatbots within the European Union, rather than on its infrastructure in the United States or elsewhere.
Pam Bondi Disbands DOJ's Anti-Corruption Task Force, Will Use Seized Fund To Build Detention Centers: Report
Instead of returning it to victim countries, the Trump administration is using billions of dollars seized in foreign corruption cases to build detention centers in Texas and Guantanamo Bay.
Tesla Sales Plummet As Experts Blame Musk's Government Overhaul
Tesla's electric vehicles have faced a drop in sales in various European markets following the increased political involvement of the company's billionaire founder, Elon Musk, earning him backlash from consumers.
Consumers Are Flocking To Rent Chickens In Effort To Combat Rising Egg Prices
Americans are combatting rising egg prices by renting chicken coops that also give them peace of mind.
Rubio Renews US Hard Line With Venezuela Plane Seizure
US Secretary of State Marco Rubio on Thursday supervised the seizure of a second aircraft belonging to Venezuela's leftist government in less than a year, showing a hard line despite nascent diplomacy.
Top Government Official Forced To Resign After Appearing To Fail Trump 'Loyalty' Test: Report
A top government financial official resigned after reportedly failing a Trump loyalty test, as his administration and DOGE accelerate federal staff purges.
McDonald's Brings Back 'Iconic' Character To Promote Shamrock Shakes
McDonald's Shamrock Shake is back and marks its annual return with a special reunion to support a meaningful cause.

US Unemployment Claims Rise More Than Expected

Jobless applications reached 219,000 for the week ending Feb. 1, as analysts expected 213,000 claims.

Economy in Focus

Treasury Secretary Says Trump Is Not 'Calling For The Fed To Lower Rates'
Scott Bessent said the president is instead focused on 10-year Treasury Bond yields.
Egg Prices Hit $9 A Dozen In California Amid Bird Flu Outbreak
Mortgage Demand Rises As Rates Dip Slightly, But Not For Homebuyers

War in Ukraine

Kremlin Calls Zelensky's Readiness For Putin Talks 'Empty Words'
The Kremlin on Wednesday dismissed Ukrainian President Volodymyr Zelensky saying he was ready for direct talks with his Russian counterpart Vladimir Putin as "empty words".
'Rare Earths' For Aid: Ukraine's Minerals Threatened By War
US President Donald Trump has signalled he could trade aid to Kyiv in its fight against Russia's invasion for access to Ukraine's "rare earth" metals, key elements used in electronics.
East Ukrainian Crime Boss Killed In Moscow Blast: Russian Media
An east Ukrainian crime boss and separatist wanted by Kyiv was killed with one other person in a blast at a luxury residential complex in Moscow on Monday, Russian media reported.
North Korean Troops 'Withdrawn' From Kursk Front Line: Ukraine
Ukraine believes North Korean soldiers fighting alongside Russia's army on the Kursk front line have been "withdrawn" after suffering heavy losses, a military spokesman told AFP on Friday.

Eric Trump Hints WLFI May Buy Bitcoin As Standard Chartered Projects $500K $BTC By 2028

Days after experiencing criticism from Bitcoiners for promoting Ethereum, Eric Trump has finally set his sights on Bitcoin, saying it's a great time to stack up on the world's top cryptocurrency, even hinting that WLFI may hold $BTC.

Minds That Matter: Entrepreneurs To Follow In 2025

The most powerful innovators of today are creating whole ecosystems using clever, linked solutions that solve difficult global issues, not only products.

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PCM Encore Transforms Family Office Model Into Client-First Advisory Firm
PCM Encore's radical transparency begins with its fee structure—no commissions, no hidden charges—but extends to its team-based strategy.
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BruntWork Offers Outsourcing Advice As Space Perspective Faces Financial Trouble
With expenses piling up, outsourcing firm BruntWork shares insights on how outsourcing might help cut costs and keep operations moving.

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01:37

Business Lookahead: Jobs, Prices And AI

From U.S. jobs numbers that could give the Fed pause for thought, to signs the AI bandwagon is picking up speed, these are the big stories to watch out for in business and finance in the coming days. Rachel Faber has the details.

US Economic Uncertainty Means Bigger 'Black Friday' Discounts
Dublin Riot Highlights 'Far-Right' Agitation Over Ireland Immigration
01:40
Taiwan Strait: Chinese Ship 'Cuts Off US Destroyer'
00:22
Dashcam Video Captures Missile Falling Near Kyiv Car
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Saudi Pledges Big Oil Cuts In July