Inaugural committee set to raise more than $200 million, with any leftover funds likely to be used for a Trump presidential library

President-elect Donald Trump's team wants the U.S. International Development Finance Corp (DFC) to function more like a sovereign wealth fund and be an effective tool for deploying economic power, Bloomberg News reported on Friday.

The spike comes even though the Federal Reserve hoped the opposite would occur following interest rate cut decisions last year.

The NBA could have some international competition if a group of investors being advised by Maverick Carter, LeBron James' business manager, follows through on its ambitions. Among the investors seeking to raise $5 billion to form an international basketball league are Skype co-founder Geoff Prentice,

Though his childhood friend and business partner Maverick Carter is reportedly behind an effort to launch an international basketball league, Los Angeles Lakers superstar LeBron James is not involved,

U.S. Treasury Secretary Janet Yellen's computer was hacked and unclassified files were accessed as part of a broader breach of the Treasury Department by Chinese state-sponsored hackers, Bloomberg News reported on Thursday,

FBI leaders have warned that hackers who breached AT&T's system last year likely stole months of agents' call and text logs, prompting an urgent effort to safeguard confidential informants' identities,

Though his childhood friend and business partner Maverick Carter is reportedly behind an effort to launch an international basketball league, Los Angeles Lakers superstar LeBron James is not involved,

Meta CEO Mark Zuckerberg has announced sweeping layoffs of what he refers to as "low-performers" at his empire.

Carmakers in South Africa are imploring the local unit of ArcelorMittal SA and the country’s trade minister to work together to delay the planned closure of steel mills this month.

Canadian investment dealer Eight Capital Corp. is winding down and many of its top staff are headed to Stifel Financial Corp., according to people familiar with the matter.

FEMA isn't paying significantly more in immediate aid to Los Angeles fire victims than to Hurricane Helene survivors. That claim is satire.