Money Report

Scale AI’s interim CEO Jason Droege told employees that the AI company is not ‘winding down’ following the $14.3 billion investment from Meta.

The Federal Reserve on Wednesday released its decision on interest rates following its two-day meeting this week.

The break-in came three days after Minnesota state Rep. Melissa Hortman and her husband, Mark, were shot and killed, allegedly by Vance Luther Boelter.

The DOJ thanked Tether for aiding the probe and urged more victims to come forward.

Senate Republicans proposed a tax deduction for car loan interest. But it might exclude used-car buyers, tax experts said.

Policymakers kept interest rates are their target range of 4.25% to 4.5%, as expected. However, they see higher inflation and lower economic growth.

It is the panel’s first meeting with Kennedy’s newly appointed members, many of whom are well-known vaccine critics.

Coinbase and Circle rallied on Wednesday after the Senate passed the GENIUS Act, a bill that would legitimize U.S. dollar-pegged stablecoins under federal law.

California Gov. Gavin Newsom and other Democrats have condemned the National Guard deployments, calling them illegal and unnecessary provocations.

Karen Knudsen is leading Sean Parker’s cancer immunotherapy incubator where philanthropy and venture capital meet.

OpenAI has been winding down its work with Scale AI over the last year, according to a spokesperson.

The Social Security Administration has updated its projections for how long the trust funds it relies on to help pay benefits may last.

Waymo says it will push for a change in state law to allow autonomous vehicles to operate in New York City.