New York City Passes Pied-a-Terre Tax on Luxury Second Homes
New York City has passed a new tax on luxury second homes valued at $1 million or more.
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DOJ Charges Google Engineer with Insider Trading on Prediction Market
A Google engineer has been charged with fraud for allegedly using confidential company data to place bets on the prediction market platform Polymarket, netting...
Kohl’s Stock Surges 20% as Retailer Reports Strongest Comparable Sales Growth in Four Years
Kohl's stock jumped 20% after reporting its best comparable sales growth in four years.
Trump’s Gas Tax Holiday Proposal Faces Deeper Issues with Highway Funding
President Trump's proposed gas tax holiday offers minimal savings while threatening vital highway infrastructure funding, exposing the federal gas tax's long-standing financial crisis.
April PCE Inflation Remains Stubbornly High, Signaling Fed Caution
April's PCE inflation remained elevated, with consumers dipping into savings as prices rise.
Consumer Sentiment Hits Historic Lows Amidst Soaring Stock Market
Consumer sentiment is at historic lows, contrasting sharply with record stock market highs.
Ferrari’s $650,000 EV Faces Skepticism Amidst EU Auto Industry Pressures and Elevated Oil Prices
Ferrari's $650,000 EV faces criticism, while EU auto regulations pressure manufacturers. Geopolitical events in Iran influence oil prices, creating a complex market environment.
US Food Insecurity Surpasses Pandemic Levels, New York Fed Survey Reveals
A Federal Reserve Bank of New York survey indicates that more Americans are going hungry now than during the pandemic's peak.
Zillow Identifies 10 Hottest Rental Housing Markets for Summer 2026
Zillow's latest report identifies the 10 hottest rental housing markets for summer 2026.
How Consumers Can Save on Energy Bills Amidst Rising Prices
With energy prices set to rise in July and remain high into winter, consumers can take steps now to save money.
Americans Divided on Social Security Reform as 2032 Insolvency Looms, Poll Reveals
A Reagan Institute poll shows Americans are split on reforming Social Security before its 2032 insolvency.
JPMorgan CEO Jamie Dimon Signals Potential for $20 Billion Acquisition
JPMorgan Chase CEO Jamie Dimon stated the bank is looking for acquisition opportunities and could spend up to $20 billion.