Wynn Resorts has dropped its bid to win a New York City casino license.

The rate on the 30-year fixed mortgage crossed 7%, hitting its highest level since April 11.

JPMorgan Chase CEO Jamie Dimon said markets and central bankers underappreciate the risks created by record U.S. deficits, tariffs and international tensions.

The USTA is making its single largest investment in U.S. Open history to transform Arthur Ashe Stadium and add a player performance center.

Picks include Suzy Welch’s career guide, Melinda French Gates’ reflections on her life and philanthropy, and Palantir CEO Alex Karp’s predictions for AI.

There has been tension between McMahon and Shari Redstone in recent months, including over a potential “60 Minutes” settlement with the Trump administration.

Levi’s announced plans to sell Dockers to Authentic Brands Group, the brand management firm that owns the IP for Forever 21, Reebok and other brands.

Home Depot reaffirmed its full-year guidance, even as it missed Wall Street’s earnings estimates and customers continued to put off bigger home projects.

PepsiCo, Chipotle and Procter & Gamble are among the companies that lowered their forecasts.

U.S. Spirits exports reached a record $2.4 billion in 2024 driven in large part by tariff fears.