OPEC+ agrees to raise oil production as exports from the Strait of Hormuz rebound
OPEC+ announced on Sunday that it has agreed to increase production targets beginning in August, aiming to boost global supplies as oil prices continue to decline due to the gradual reopening of oil exports through the Strait of Hormuz. During an online meeting, oil producers decided to raise production by 188,000 barrels per day starting […]
Michael Cohen, Trump’s former fixer, gets a new job at WABC radio.
Cohen Joins WABC Radio, Plans Unfiltered Discussions Michael Cohen, former lawyer and fixer for President Trump, is set to join WABC Radio 770, as confirmed by The Post. He describes this opportunity as “totally liberating,” allowing him to establish a direct line to listeners. Cohen shared plans to move 1.5 million followers from various platforms […]
Michael Cohen, Trump’s former fix, starts a new job at WABC radio
If Trump Can Return, Why Not Cohen? Michael Cohen, President Trump’s former attorney and fixer, made an appearance on WABC Radio 770. His involvement is seen as noteworthy, especially given his past relationship with Trump. John Catsimatidis, the owner of WABC and a staunch Trump supporter, mentioned to the Post, “I checked with the White […]
Founder of California firm dismissed for not adhering to the company’s return-to-office policy
A co-founder of an $8 billion wealth management company in California was let go for not adhering to a policy requiring a return to the office. This decision involved William Nieport, who had spent around a decade as the chief compliance officer at Bramshill Investments, which he co-founded with two high school friends, Steven Selver […]
Sun Valley has given rise to some notably bad megadeals.
The infamous “Summer Camp for Billionaires” has returned to Sun Valley, Idaho, hosted by investment bank Allen & Company. It’s a gathering that many consider to be behind some of the most regrettable deals in Wall Street’s history. Attendees, including major media figures, are enjoying luxurious experiences—think private parties atop mountains and jet travel—all while […]
New gold rush as large mining project aims to extract $8B from California’s Mother Lode
California’s Potential Gold Rush California might be on the verge of its largest gold rush in decades. Canadian mining firm Lord Gold Resources Co., Ltd. revealed on Monday that it has initiated engineering studies at the historic Fremont Gold Mine located in Mariposa County. This marks a significant step toward rejuvenating the renowned Mother Lode […]
Waffle House is accused of discrimination against employees who smoke in a $5M lawsuit.
Waffle House Faces Lawsuit Over Health Insurance Charges A former employee has filed a class action lawsuit against Waffle House, claiming the company illegally imposed an extra $92 monthly charge on workers who use tobacco. The lawsuit seeks more than $5 million in damages. According to the complaint submitted to the U.S. District Court for […]
JPMorgan CEO candidate forfeits $50M in stock after losing the race to succeed Jamie Dimon
The news that Marianne Lake will replace Jamie Dimon as CEO of JPMorgan Chase is quite unexpected, marking a notable turn in her 26-year journey with the company. It’s reported that she will take with her $50 million in unvested stock upon her departure. Lake, who is 56, was informed of Dimon’s decision just days […]
Americans are traveling in record amounts for July Fourth despite the high cost of gas.
Independence Day Road Trips Despite High Gas Prices This Fourth of July, it seems that, despite soaring gas prices, many people are embracing one of America’s favorite activities: the Great American Road Trip. Gas prices have stayed high, even if they’ve dipped a bit since the spike linked to the conflict with Iran. The national […]
A downturn in cryptocurrency has arrived, and the major question is how long it will continue.
New York City is sizzling, but the crypto market is experiencing a chill. Experts suggest things might worsen before they improve. This isn’t our first rodeo; we’ve seen significant downturns before—in 2018, 2020, and again in 2022—caused by multiple factors, including the FTX debacle that landed Sam Bankman-Fried behind bars. Each time, the digital currency […]