ArcaMax

People frequently ask me one of two rhetorical questions. Sometimes they will say, usually out of frustration, "Why is Social Security so complicated?" Even though they were probably not looking for an answer, I give them ...Read more

The federal government is suing Minnesota to block a new state law that prohibits Minnesotans from making bets on prediction markets like Kalshi and Polymarket.

Minnesota is the first state in the country to outlaw the ...Read more

U.S. regulators are pausing some cyber-related examinations of the largest banks, giving the lenders more breathing room as the firms dig into the risks exposed by Anthropic PBC’s new Mythos AI model.

The Federal ...Read more

McDonald’s Corp. said it doesn’t expect to reach a goal of reducing emissions from its supply chain and franchised restaurants by 2030, the timeline it had originally laid out.

“In many regions, growth in energy ...Read more

WASHINGTON — The airplane part that cracked and caused a UPS cargo jet's engine to fly off the plane’s wing had fractured 10 times in the past, aviation accident investigators said Tuesday.

After the fatal crash in ...Read more

Michigan is set to give as much as $5 million to help Jeff Bezos-backed electric vehicle startup Slate Auto expand its Troy headquarters.

A state economic development board on Tuesday approved the taxpayer-funded grant ...Read more

A global supply crunch has US refineries producing jet fuel at a record pace while skew output away from gasoline, setting up a potential transport fuels production clash during the peak summer travel period.

Refiners in ...Read more

Shein, one of the largest fast-fashion retailers in the world, is set to acquire the "quiet luxury" apparel brand Everlane, media reports said.

Shein will buy Everlane from majority owner L Catterton for $100 million, ...Read more

Accident investigators are set to question Boeing and other key players about a UPS MD-11 cargo plane crash in Louisville, Kentucky, that killed 15 people.

The National Transportation Safety Board will hold a two-day ...Read more

A wind project billed as the largest clean energy installation in the U.S. is due to come online next month, even as the pipeline of new large-scale renewables dries up amid pressure from the Trump administration.

The ...Read more

Jeff Bezos' rocket company put a satellite in the wrong spot.

But, for a company struggling to keep up with rival SpaceX, that was still a win.

The April mission marked an early success for Blue Origin’s New Glenn ...Read more

Increased in-office work requirements helped propel improved supplier relations for the first time in 26 years for all six major automakers included in an annual index.

Southfield, Michigan-based accounting firm Plante ...Read more

The home on Bottlebrush Court was built in the early 1980s. The Oceanside property features four bedrooms, two baths and almost 1,600 square feet of living space on a 6,100-square-foot lot just south of the San Luis Rey ...Read more

The Trump administration is poised to roll out a plan for trading digital versions of securities that could reshape the landscape of the American stock market as it continues to loosen the rules for free-wheeling crypto ...Read more

Nvidia Corp. Chief Executive Officer Jensen Huang, speaking days after he joined President Donald Trump’s summit in China, said he expects Chinese authorities to eventually allow the import of artificial intelligence ...Read more

An agreement on U.S. agricultural sales to China outlined by the White House is raising optimism for a demand pickup beyond soybeans, helping to drive prices higher across the board for crop futures.

China has agreed to ...Read more

Nurses at Rush University Medical Center have voted to unionize, a vote that will make Rush one of the largest Chicago hospitals with unionized nurses.

About 2,000 Rush registered nurses will be represented by the ...Read more

DETROIT — Businesses and commercial fleet operators are seeking ways to reduce fuel costs as prices spike, but unlike previous hikes, software technologies offer a greater opportunity for automakers to capitalize on ...Read more

A jury rejected Elon Musk’s claims that OpenAI under Sam Altman’s leadership betrayed its mission to benefit the public by morphing into a for-profit business, finding that he waited too long to sue the company.

The ...Read more