Wall Street pumped the brakes on a tech rally as Meta Platforms Inc. sank 13% on plans to take on debt to fund its artificial-intelligence push. Bond yields and the dollar rose as the Federal Reserve tempered rate-cut expectations.

Core Scientific Inc. shareholders rejected a takeover bid by CoreWeave Inc. that proxy advisers said undervalued the data center company, ending a contentious monthslong saga.

A prosecutor said more people will plead guilty over the 2020 collapse of Prophecy Asset Management, which the US says cost investors $294 million.

American International Group Inc. agreed to buy stakes in specialty insurer Convex Group and alternative asset manager Onex Corp. in transactions that total more than $2.7 billion.

Nigerian financial-technology firm Flutterwave Inc. plans to allow payments on its platform using stablecoins – digital tokens pegged to the dollar — as businesses seek to bypass traditional providers that are slower and more expensive.

Adrienne Harris joined Sullivan & Cromwell as of counsel and policy adviser in its New York office, the firm announced Thursday.

The former shareholder of a pharmaceutical business owes additional tax on a portion of its $191 million settlement payout following a squeeze-out merger, after the Third Circuit determined Thursday that the shareholder couldn’t convert what was ordinary income into capital gains.

Mark Zuckerberg warned that Meta Platforms Inc. will need to spend even more aggressively on artificial intelligence in the year ahead, reigniting concerns from investors who sent its shares plunging on concerns that the massive investments won’t pay off.

Stellantis NV said it expects one-time charges in the second half of the year as political, economic and regulatory pressures force the automaker into making strategic changes.

Mexico’s economy contracted slightly in the third quarter, a sign that President Claudia Sheinbaum’s plans to stimulate growth despite simmering trade tensions with the US are falling short, reigniting concern of a recession this year.

Gold advanced following a run of losses, as traders digested the outcome of a meeting between US President Donald Trump and Chinese leader Xi Jinping.

France’s National Assembly backed a series of tax-raising amendments overnight, casting fresh doubts on whether the government can secure final approval for the 2026 budget by year-end.

The Alabama Department of Revenue (DOR) issued updated information on localities participating in the state’s 2026 severe weather preparedness sales tax holiday. During the holiday, no state sales or use ...

The Idaho State Tax Commission published a document announcing the 2026 Property Tax Deferral Program. The program allows eligible individuals to defer property taxes on their primary residence and up ...

The Illinois Department of Revenue (DOR) issued a private letter ruling holding that the sale of a service accompanied by a transfer of tangible personal property would be subject to ...

For the wealthy, the biggest financial gain from leaving New York shows up in their tax returns. City and state levies can total 13.5% on incomes above $1 million and reach 14.8% for those earning $25 million or more.

The Michigan Court of Appeals affirmed the trial court, holding that the General Property Tax Act (GPTA) does not allow a property tax foreclosing governmental unit to recover attorney fees ...

The Montana Department of Revenue adopted a new rule pertaining to out-of-state brewer or beer importer registration. The adopted rule establishes a $500 annual registration fee for out-of-state brewers and ...

A prosecutor said more people will plead guilty over the 2020 collapse of Prophecy Asset Management, which the US says cost investors $294 million.

Mark Zuckerberg warned that Meta Platforms Inc. will need to spend even more aggressively on artificial intelligence in the year ahead, reigniting concerns from investors who sent its shares plunging on concerns that the massive investments won’t pay off.

Some Adler Pelzer Holding GmbH bondholders have signed non-disclosure agreements, a sign that talks between the auto parts maker and its creditors over a potential debt refinancing have stepped up.

The debate over the accounting treatment of stablecoins matters not only to companies, accountants, and auditors, but also to investors, regulators, and markets. Clear financial reporting underpins investor confidence and financial stability by extension.

Bolivia’s government has submitted two new foreign loans totaling $54.8m to Congress for approval, Planning and Development Minister Sergio Cusicanqui said during a webcast press conference.

The government of Argentine President Javier Milei got reason to hope that its recent political and economic victories would continue in the legal arena when US appeals judges signaled openness to overturning a $16 billion court judgment against the South American nation.