The world’s largest chipmaker, Taiwan Semiconductor Manufacturing Company, released quarterly results that almost any company would envy: a 40% jump in revenue to $40.2 billion, and a 77% jump in…
Read article →Kalshi users as young as 18 are now responsible for billions of dollars worth of trading activity on sports that critics say amounts to a loophole in gambling laws. Recommended…
Read article →Over the next decade, Asian families will transfer an estimated $10 trillion—nearly twice the size of Germany’s GDP—to the next generation. Yet there’s a nuanced story emerging behind that headline…
Read article →A home equity loan and a home equity line of credit both let homeowners borrow against the equity they’ve built up. Because the debt is secured (backed by your house),…
Read article →The average interest rate for a 30-year, fixed-rate conforming mortgage loan in the U.S. is 6.777%, up from the day before, according to data from Mortgage Research Center. Meanwhile, the…
Read article →President Donald Trump said Thursday he is renaming Lake Ontario to be known as “Lake America” in the United States as he escalates his trade war with Canada. Recommended Video The Republican…
Read article →New York City’s Department of Finance is sending a second wave of pied-à-terre tax letters to roughly 10,800 property owners, even as it mails a very different kind of letter…
Read article →Federal Reserve Chair Kevin Warsh said Friday that inflation is still too high and suggested the central bank may have to raise interest rates in the coming months to bring it down,…
Read article →The Iran war exposed just how much the world relied on a narrow 20-mile-wide waterway. Soon after the U.S. launched strikes on Iran, the latter threatened to strike ships trying…
Read article →As the U.S. paves the way for a nuclear renaissance to power the AI data center boom, the next frontier is building small nuclear reactors offshore to power coastal facilities…
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