With oil production in freefall, Alaska, America’s worst state for business, chases a new carbon boom
More than any other state, Alaska is dependent on oil, and state revenue has been hit hard by a massive drop in crude production. Are carbon offsets its future?
New Jersey is 2023’s most-improved state for business, led by a strong economy and housing market
A strong economy, booming but affordable real estate, and improved debt ratings make New Jersey the most-improved state in 2023’s Top States for Business.
White House unveils plan to eliminate threat of fentanyl laced with xylazine
The Biden administration declared the dangerous illegal drug cocktail an “emerging threat” in April for its role in fueling a wave of overdose deaths.
Trump opposes quick trial date in classified documents case
Former President Donald Trump asked a federal court to hold off on setting a date for the criminal trial over his handling of classified documents.
Microsoft confirms more job cuts on top of 10,000 layoffs announced in January
On top of the 10,000 layoffs Microsoft announced in January, the company is now slimming down its number of salespeople.
Trump ally Steve Bannon ordered to pay $480,000 for unpaid legal bills
Steve Bannon, who was a top White House aide to Donald Trump, plans to appeal the ruling. But that could end up costing him more.
Home prices are hitting new highs again, as high rates put the squeeze on supply
After falling for much of last year, home prices nationally are setting new highs in some markets.
Novavax stock spikes 29% after company snags $350 million from Canada for unused Covid shots
Canada’s Covid shot settlement is a sign of hope for investors after Novavax raised doubts about its ability to stay in business earlier this year.
How Amazon’s Prime Day will go and the likely stock reaction, according to Bank of America
The Wall Street investment bank expects Prime Day will be stronger than last year.
