U.S. Mint's involvement in cartel gold, tech sector leadership changes, and Iran-U.S. diplomatic stalemate dominate business news as markets react to geopolitical tensions and regulatory shifts.

The U.S. Mint has been purchasing gold sourced from drug cartels and foreign criminal networks, then selling it as 'American' gold as precious metal prices surge, according to New York Times investigation revealing broken industry guardrails.

Google commits up to $40 billion investment in AI startup Anthropic to keep pace with accelerating demand for business and coding products, marking a major bet on artificial intelligence competition.

Sam Altman culls OpenAI projects and pursues stricter financial discipline after facing criticism over the company's direction, as he works to make the AI firm more profitable.

Elon Musk used SpaceX to provide personal loans and financial benefits to his other struggling businesses, with the rocket company serving as a useful financial tool for the billionaire.

Kevin Warsh clears path to Federal Reserve chair confirmation after Senator Thom Tillis withdraws opposition once Justice Department drops criminal investigation into Fed Chair Jerome Powell.

Americans' electricity was shut off 13 million times in a year according to new data, signaling surprisingly high rates of extreme financial distress among consumers struggling with rising costs.

Oil prices rise as U.S. stock futures fall following Trump's decision to call off Iran peace talks, with markets reacting to geopolitical uncertainty and stalled diplomatic efforts between Washington and Tehran.

Thousands of electric vehicle leases ending in the next three years will flood used-car markets with more affordable battery-powered options as manufacturers work off excess inventory from the EV transition.

Rising mortgage payments, childcare costs, and economic uncertainty are causing couples to delay or forgo having children, reflecting broader concerns about affordability and financial stability.

Trump administration deploys haphazard approach to sanctions on Russia and Iran with oil prices influencing policy decisions, creating uncertainty for energy markets and international business dealings.