Bessent Settled Tax Issue That Had Put Him at Odds With I.R.S.

A new report by the Federal Reserve’s independent inspector general concluded that a nearly $2.5 billion construction project was poorly managed but made no referrals to the U.S. attorney general.

For the third time in less than two years, the Trump administration returned to court on Wednesday to defend its power to wage a punishing global trade war.

The Equal Employment Opportunity Commission filed a lawsuit asking a judge to compel the university to provide information on hiring practices that the agency said discriminated against white men.

In China’s push for self-reliance in artificial intelligence, DeepSeek and Huawei have teamed up to develop software tools for advanced chips.

A meltdown at Situational Awareness, an A.I.-focused investment firm, is raising tough questions about the Wall Street banks that lent billions to the upstart firm.

The company said that Candyrific of Louisville, Ky., will produce the jelly candy that comes in a rainbow of colors and citrus flavors and is used in Jewish traditions.

The company says it needs to "keep evolving alongside changing customer expectations".

The new question, included on a draft version of the primary tax form, comes as part of an anti-immigrant turn at an agency that long prioritized tax administration.

The Personal Consumption Expenditures price index showed little sign of easing in August, though revised data showed inflation had been slightly cooler than previously believed.

A typical household faces an annual gas and electricity bill of £1,999 from January, based on a key forecast.

The ride at Magic Mountain near Los Angeles has fueled lawsuits claiming that it had caused brain injuries, including two that were fatal.

The Hampshire group says it has seen a rise in demand and it needs more volunteer bakers.