New York (CNN Business)Elon Musk is pulling the plug on his promised Tesla Model S Plaid+ super car about a year before it was expected to go on sale. Tesla still plans a “Plaid” version of the car. In a tweet on Sunday, the Tesla CEO said that Plaid+ was […]

If you received unemployment benefits last year, you may be eligible for a refund from the IRS. The first $10,200 inbenefit income is free of federal income tax, per legislation passed in March. The IRS is starting to send money to people who fall in this category, with more refunds […]

Short sellers should "resist the temptation" to bet against meme stocks like AMC Entertainment, Interactive Brokers' Thomas Peterffy told CNBC on Monday. "These prices can go to unimaginable highs before they settle down to a reasonable valuation," Peterffy said, warning that traders "may have to cover on the high point." […]

WarnerMedia and Discovery’s tie-up has been dubbed Warner Bros Discovery. The deal includes a $31.5 billion bridge, $10 billion in term loans, and a $6 billion credit line. The new company will sell the bridge loan throughout the debt capital markets, sources tell Insider. See more stories on Insider’s business […]

Cryptocurrency: Expert discusses success of Bitcoin When you subscribe we will use the information you provide to send you these newsletters. Sometimes they’ll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe […]

China bought $13.11 billion dollars' worth of goods from the U.S. in May, down from $13.94 billion in April, customs data accessed through Wind Information showed. While overall Chinese imports from other countries grew at their fastest pace in 10 years — up 51.1% — the pace of growth for […]

‘I’ll give it to the vaccine manufacturers without guarantees, take the payment in advance and give me the supplies.’‘The moment you give me one lot of supply, I’ll give you more.’ “The prime minister himself has been telling us to ensure that the poor and vulnerable don’t suffer,” Union Finance […]

WASHINGTON — Energy Secretary Jennifer Granholm on Sunday called for more public-private cooperation on cyber defenses and said U.S. adversaries already are capable of using cyber intrusions to shut down the U.S. power grid. “I think that there are very malign actors who are trying,” she said. She added: “Even […]

Editor’s note: CNN will be launching the Meanwhile in China newsletter on June 21, a three-times-a-week update exploring what you need to know about the country’s rise and how it impacts the world. Sign up here. Friday marks the 32nd anniversary of the Chinese government’s brutal crackdown on pro-democracy protesters […]