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Tesla and SpaceX CEO Elon Musk is planning to fund new primary and secondary schools and a university in Austin, Texas, according to newly obtained tax filings from one of his charities. The filing from 2022—an application to the Internal Revenue Service (IRS) seeking tax-exempt status—shows that Mr. Musk plans to donate $100 million to one of his charities called The Foundation, which will be

Goldman Sachs said it expects the easing cycle to begin in March as the U.S. central bank kept the rates unchanged in its latest policy meeting, saying inflation was dropping faster than expected. The stark shift in the Fed outlook with 17 of 19 policymakers seeing rates lower by the end of 2024 fueled bets of rate cuts as early as March. U.S. borrowing costs are now in the 5.25%-5.5% range as

WASHINGTON -- The Supreme Court on Thursday declined to put on hold a new Illinois law that would ban high-power semiautomatic weapons like the one used in the mass killing of seven people at a 2022 parade in a Chicago suburb. The justices did not comment on refusing an emergency appeal from a gun rights group and others. The law prohibits the possession, manufacture or sale of semiautomatic

The presidential election isn't the only critical race happening on November 3. Democrats and Republicans will battle across the country over control of the Senate.

The Senate is currently split 53-47 between Republicans and Democrats. There are 35 seats up for election in the Senate, and of those, 23 belong to Republicans and 12 to Democrats. Democrats would need to win four seats for