New York City braces for wealth flight with Mamdani’s political rise
Zohran Mamdani’s primary win in New York City’s mayoral race and proposal to raise taxes on millionaires have…
Crypto theft booms to a record amid kidnappings, Bybit hack
Digital currency thefts are on the rise. Jakub Porzycki | Nurphoto via Getty Images The value of cryptocurrencies…
Student loan changes under Trump and the ‘big beautiful bill’
As the Trump administration overhauls the federal student loan repayment system, borrowers may soon find it difficult to…
PepsiCo (PEP) Q2 2025 earnings
Cases of Pepsi soda are displayed at a Costco Wholesale store on April 25, 2025 in San Diego,…
U.S. producer prices are flat — but they don’t factor in imports
A worker arc welds a metal door at the Metal Manufacturing Co. facility in Sacramento, California, U.S., on…
Trump denies plans to fire Fed Chair Powell
U.S. Treasury yields moved higher on Wednesday after President Donald Trump shut down speculation that he’s planning to…
China’s premier urges tighter price oversight as deflation pressures mount
TOPSHOT – China’s Premier Li Qiang delivers his speech during the ASEAN – Gulf Cooperation Council (GCC) –…
Flat PPI doesn’t mean U.S. is unscathed from tariffs
A worker arc welds a metal door at the Metal Manufacturing Co. facility in Sacramento, California, U.S., on…
TSMC’s second-quarter profit soars nearly 61%, beating estimates as AI chip demand stays strong
A motorcycle is seen near a building of the Taiwan Semiconductor Manufacturing Company (TSMC), which is a Taiwanese…
Expect tariff ‘cascade’ effect across slowing world economy, UN warns
The leading arm of the United Nations’ organization focused on trade and development, UNCTAD, said President Trump’s tariff…