BUSINESS

Zohran Mamdani’s signature housing policy is widely loathed by economists. Here’s why

Zohran Mamdani’s signature housing policy is widely loathed by economists. Here’s why

New York City mayor-elect Zohran Mamdani swept to victory Tuesday evening on a platform of affordability, anchored by a plan…
It’s getting harder to separate the stock market from the economy

It’s getting harder to separate the stock market from the economy

After huge rallies or selloffs, it’s often pointed out that the stock market is not the economy, or that Wall…
Michael Saylor’s Strategy returns to profitability in third quarter

Michael Saylor’s Strategy returns to profitability in third quarter

Bitcoin accumulator Strategy Inc. returned to profitability in the third quarter, with results bolstered by an unrealized gain tied to…
Pentagon orders aircraft carrier to Latin America, boosting U.S. military buildup in the region

Pentagon orders aircraft carrier to Latin America, boosting U.S. military buildup in the region

The U.S. military is sending an aircraft carrier to the waters off South America, the Pentagon announced Friday, in the…
Here’s how Trump can hit China where it really hurts as Beijing’s rare earths gamble could backfire

Here’s how Trump can hit China where it really hurts as Beijing’s rare earths gamble could backfire

The Trump administration insists it holds the upper hand as trade friction with Beijing has reignited over its sweeping rare-earths…
Fail fast, fight smarter: Silicon Valley’s startup mentality is rewiring the Pentagon

Fail fast, fight smarter: Silicon Valley’s startup mentality is rewiring the Pentagon

Long known for its massive scale and bureaucratic complexity, the Pentagon is slowly transforming itself into a more streamlined organization,…
Stock market today: Dow futures jump 300 points after Trump says ‘Don’t worry about China’

Stock market today: Dow futures jump 300 points after Trump says ‘Don’t worry about China’

Investors are eyeing a stock market rebound after Friday’s trade war flare-up sent the S&P 500 to its worst loss…
New York AG Letitia James charged in mortgage fraud investigation

New York AG Letitia James charged in mortgage fraud investigation

New York Attorney General Letitia James was charged Thursday as part of a mortgage fraud investigation aggressively pushed by the Trump administration,…
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