The DOGE cost-cutting effort at the Treasury, USAID, and OPM is alienating potential allies and drawing legal flack.

Pimco and Citadel are among the investors who have reportedly bought debts tied to X. This comes as Elon Musk's growing ...

Wall Street banks unloaded £4.41 billion of debt holdings in Elon Musk's X amid strong investor interest as advertisers ...

Banks led by Morgan Stanley have sold $5.5 billion of some $13 billion of debt they lent to support Elon Musk's $44 billion ...

Banks have successfully made an upsized sale of some of X’s debt to the tune of $5.5 billion, as interest in politically influential owner Elon ...

Banks unloaded $5.5 billion of debt holdings in X that they have been stuck with since 2022, when Musk acquired the site ...

The company, which sources say has been looking to sell Versace and Jimmy Choo, continues to log significant declines.

A group of Morgan Stanley-led banks is set to increase a sale of loans tied to Musk's X platform after receiving ...

The department said that no payments would be interrupted and that it was conducting a review of the integrity of the system.

When President Donald Trump froze foreign assistance for 90 days, he argued that such a drastic step was needed to eliminate ...

A labor union for federal workers says dozens of employees at the U.S. Education Department have been put on paid ...

President Trump’s imposition of 25-percent tariffs on products from Canada and Mexico (and 10 percent on Canadian energy and ...