Finance
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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…
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OpenAI signs $38 billion deal to power AI tools with Nvidia chips via Amazon Web Services
OpenAI and Amazon have signed a $38 billion deal that enables the ChatGPT maker to run its artificial intelligence systems…
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Hegseth reaffirms Vietnam partnership and hands over a leather box, belt and knife—wartime artifacts taken by U.S. soldiers
U.S. Defense Secretary Pete Hegseth was in Vietnam on Sunday, reaffirming a partnership built on healing the scars of the…
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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…
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More flight disruptions are hitting airports across the country due to a shortage of air traffic controllers
A shortage of air traffic controllers caused more flight disruptions Monday around the country as controllers braced for their first full missing…
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Harvard says it’s been giving too many A grades to students
More than half of the grades handed out at Harvard College are A’s, an increase from decades past even as…
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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…
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‘If there’s no bottom rung on the ladder, it’s really hard to leap up’: Nonprofits focused on Gen Z employment get $25m Citi Foundation windfall
Young jobseekers, challenged by a rapidly changing labor market, are having a tough time. The U.S. unemployment rate for 22-…
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‘Sad, if not damning’: Cathie Wood blasts the proxy firms who say Elon Musk’s $1 trillion pay package is just too rich
Investor Cathie Wood, a long-time Tesla bull known for first investing in the company a decade ago at $13 per…
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U.S. jury issues $20 million verdict against France’s largest bank over Sudanese atrocities
A federal jury in New York has issued a nearly $21 million verdict against France’s largest bank for giving the…
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