Author: Editor-In-Chief
Friday, May 1, 2026, Central Park Tower Center along Billionaires Row in New York, USA. Michael Nagle | Bloomberg | Getty ImagesLuxury real estate sales in Manhattan rose last month despite New York City Mayor Zoran Mamdani’s proposed pied-à-terre tax, which brokers warn could trigger an exodus of wealth, new data shows.According to Olshan Realty, there were 133 contracts for apartments valued at $4 million or more between April 14 and May 10. This compares to 130 cases in the same period last year. Total sales rose 10% to $1.12 billion, Olshan said.Sales of ultra-luxury homes remain particularly strong, with…
Sen. Hawley is planning legislative action to support President Trump’s efforts to waive the gas tax due to rising consumer costs.US President Donald Trump announced he would cut the federal tax on gasoline by 18 cents to offset the soaring price of gasoline since he said the ceasefire with Iran was “on life support.”President Trump said Monday he would suspend the gas tax, but did not specify an end date.Recommended stories list of 4 itemsend of list”Yes, we’re going to eliminate the gas tax for a period of time, but when we run out of gas, we’re going to phase…
Hundreds of Hamas militants accused of committing war crimes during the October 2023 attacks could face the death penalty after Israel approved late Monday the creation of a special military tribunal to prosecute their cases. The bill received wide support from Prime Minister Benjamin Netanyahu’s coalition government and many opposition parties, and was passed with 93 votes in favor and zero votes against. Israel’s parliament on Monday approved a bill entitled “Prosecution Law for the October 7 Massacre” in its second and third readings. The bill would create a dedicated tribunal to function as a military tribunal to handle the…
Tottenham are now two points clear of the relegation zone with two games remaining after being held to a 1-1 draw by Leeds.Matthijs Tell went from hero to zero with a spectacular opening goal, before a dangerous overhead kick that caught Ethan Ampadu inside the area earned him a penalty, which was awarded a spot-kick after a VAR review. The draw is a boost for West Ham. That means if they win against Newcastle on Sunday, which will be broadcast on Sky Sports, they will move ahead of Spurs in the table. Tottenham’s next game is against Chelsea on Tuesday…
The JPMorgan Chase & Co. building before a ribbon-cutting ceremony at the company’s new headquarters at 270 Park Avenue, New York City, USA, on October 21, 2025.Eduardo Muñoz | Reutersa JP Morgan ChaseReduce exposure to private credit funds jointly managed by leading banking groups KKR Just days before the asset manager announced it would spend $300 million to shore up its broken down fleet.The fund is FS KKR Capital Co., Ltd.announced in a release Monday that KKR will inject $150 million in equity into the fund and use an additional $150 million to buy stock from investors looking to exit.…
Kevin Hassett, director of the White House National Economic Council, on Monday dismissed the negative impact of artificial intelligence on jobs, saying emerging technologies will not displace anyone’s jobs at this point.”There’s no indication in the data right now that AI is taking anyone’s job, but we’re studying the future of AI and what it means for the workforce, and we have a large task force on that,” Hassett said on CNBC’s “Squawk Box.”Hassett’s comments come amid a wave of layoffs by technology companies. Amazon, meta and oracle Some companies have announced layoffs, and some are emphasizing the role of…
Fear is a powerful emotion. Even more powerful may be the fear of missing out.A good example is the chip rally.You may be tempted to jump in immediately. If you’re in that camp, a more prudent approach might be to use options to de-risk your capital.chip manufacturer applied materials Provides interesting opportunities. The company will announce its financial results on Thursday. The June 400/480 in-the-money call spread offers an attractive alternative to long stocks for investors who want to express a bullish view without the downside of capital commitments or outright ownership. By buying a June 400 call “in the…
Deepak AhujaSource: VerilyRedwood Materials has started an electric vehicle battery recycling business. tesla Board member and former CTO JB Straubel will join fellow former Tesla executive Deepak Ahuja as CFO, the company announced Monday.Ahuja served as Tesla’s finance director from March 2017 to March 2019, marking Elon Musk’s second term at the EV and clean energy company. He first joined Tesla in 2008, led the company through its IPO in 2010, briefly stepped down in 2015, and was rehired two years later.Ahuja told CNBC that his relationship with Strobel largely influenced his decision to join the recycling startup. “Having known…
President Donald Trump said Monday that the U.S. ceasefire with Iran is “remained on life support” after Iran sent an “unacceptable” rebuttal to U.S. proposals to end the war.President Trump told reporters in the Oval Office that the month-long ceasefire is “incredibly weak.””After reading the garbage they sent us, I would call it the weakest at this point. I couldn’t even finish reading it,” Trump said.”You could say a cease-fire is a massive life-saving procedure. Doctors come in and say, ‘Doctor, your loved one has about a 1% chance of survival,'” he said.The harsh ceasefire began on April 8 after…
Jose Mourinho is believed to be increasingly likely to become Real Madrid’s next manager.Sky Sports News understands that work is underway for him behind the scenes with the intention of making a move happen, despite the Portuguese insisting that he will not speak privately to the Spanish giants while Benfica’s season still remains. President Florentino Perez has been a big fan of Mourinho since Mourinho first played at the Bernabéu between 2010 and 2013, and the two have maintained a close relationship. Perez has been appointed as Mourinho Real’s next manager and is believed to be keen to arrest some…