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Jamie Dimon has a warning for Americans accustomed to the dollar sitting atop the global financial system: U.S. military supremacy may be one of the things keeping it there. Recommended…
Read article →Billionaire Bill Ackman has built a $35 billion hedge fund, led high-profile overhauls at companies like Chipotle, and boasts an eye-watering investment portfolio through his firm, ranging from Amazon to…
Read article →Even President Donald Trump’s media company couldn’t escape the Bitcoin bear market. In the second quarter of 2026, Trump Media & Technology Group, the company behind businesses such as Truth…
Read article →There’s no business like show business, and there’s no city like New York City when it comes to getting sued. The ongoing saga of New York’s pied-à-terre tax continued this…
Read article →For the first 140 years of U.S. history, the federal budget was constrained. Two fiscal rules provided the constraint: the U.S. Constitution, which grants Congress only eighteen rather narrowly defined…
Read article →Sales of previously occupied U.S. homes slowed again in July as record prices and the highest mortgage rates in a year prove to be an insurmountable hurdle for many prospective homebuyers. Recommended Video Existing…
Read article →US stocks turned lower Tuesday after Iran said the Strait of Hormuz would remain closed until its conditions were met, pushing oil prices higher. Recommended Video The S&P 500 was…
Read article →A “massive influx” of jellyfish has forced Electricite de France SA to shut three units at its Gravelines nuclear power plant and reduce output at a fourth, curbing power supply at a…
Read article →When the price of jet fuel skyrocketed at the outset of the Iran war, it scrambled the business outlook for airlines—but not all of them. It turned out carriers like…
Read article →If you’re the type of homebuyer who is willing to deal with a little uncertainty in exchange for the possibility of getting a low rate, an adjustable-rate mortgage might be…
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