Court maintains $243M ruling against Tesla in Autopilot incident resulting in woman’s death
Tesla’s Appeal Rejected in Fatal Crash Case A federal judge has turned down Tesla’s request to overturn a jury verdict totaling $243 million related to a 2019 accident involving a Model S equipped with Autopilot. The crash resulted in the tragic death of a 22-year-old woman and left her boyfriend with serious injuries. In a […]
Development Finance Corporation strengthens US competitiveness against China
The Development Finance Corporation (DFC), a relatively obscure government entity, opened its first office on Wall Street last week. With a fund of $205 billion, its aim is to outpace China in global investments. “U.S. investment is probably one of the most significant tools of economic national strategy—or perhaps the most significant,” DFC CEO Ben […]
Tesla reveals more affordable Cybertruck priced below $60K – but there’s a downside
Tesla Unveils Cheaper Cybertruck Variant Amid Struggling Sales Tesla has announced a price cut for its Cybertruck, particularly targeting its most expensive model, as the company faces challenges in attracting buyers for its pickup trucks. The Cybertruck, which CEO Elon Musk once positioned as a cutting-edge competition to traditional pickup brands like Ford, has been […]
Many companies set to be prohibited from purchasing homes under new government plan
New plans from the White House may soon prevent numerous companies from acquiring multiple homes at the same time, all in the name of safeguarding the American dream of homeownership. Companies have been on edge, waiting for clarity since President Trump declared last month that he intended to curb the practice of institutional investors snapping […]
Moelis & Co. to assist OnlyFans in selling a majority share despite stigma around adult content: sources
Negotiations to sell a majority interest in OnlyFans are currently being spearheaded by Morris & Company, the investment bank established by Ken Morris, a notable figure on Wall Street, as reported. Morris’s banking team is working on a potential agreement that would allow Architect Capital, based in San Francisco, to acquire a 60% stake in […]
White House-Pakistan agreement to renovate NYC’s Roosevelt Hotel leads to more questions than solutions
In a surprising turn of events, the Trump administration announced on Thursday it has reached an agreement with the Pakistani government to jointly redevelop the Roosevelt Hotel located on Madison Avenue. It’s been described as an unsightly, vacant space with at least $1 billion in potential development value, according to real estate analysts. The 22-story […]
Amazon’s recent wave of significant job cuts affected many in New York.
Amazon recently laid off hundreds of workers in New York, as reported by The Post. In January, around 135 employees at 1140 Broadway lost their jobs, according to state Department of Labor documents filed this week. Furthermore, an additional 165 Amazon workers in New York are also set to be laid off, with government records […]
News Corp will match the $1,000 donations from the US Treasury to Trump’s children’s accounts.
News Corp Supports New Trump Investment Program On Thursday, News Corp joined a growing list of major employers endorsing a new initiative, as the Treasury declared it would match a one-time $1,000 contribution to the accounts set up for eligible employees. Beginning July 4, parents will have the opportunity to create a tax-advantaged investment account, […]
Is your hobby drone a potential security concern?
Texas AG Files Lawsuit Against Drone and Smart Home Companies Texas Attorney General Ken Paxton has launched a lawsuit claiming that some drone manufacturers and smart home technology companies are concealing their relationships with the Chinese Communist Party, potentially jeopardizing the data of American consumers. According to the lawsuit, filed in U.S. District Court for […]
Trade shortfall in the US decreased in 2025, yet the country brought in a record quantity of imports despite Trump’s tariffs.
U.S. Trade Deficit Shows Slight Decrease in 2025 In 2025, the U.S. trade deficit dropped a little after President Trump shook up global commerce with significant tariffs on imported goods. Despite a sharp increase in taxes, trade imbalances for major products like machinery and aircraft hit record highs last year. The Commerce Department reported that […]