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China Sentences Evergrande’s Hui to Life in Prison
Finance

China Sentences Evergrande’s Hui to Life in Prison

China Evergrande’s founder Hui Ka Yan has been sentenced to life in prison — cementing the downfall of…

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Why Walmart’s Selloff May Be Overdone
Finance

Why Walmart’s Selloff May Be Overdone

Walmart shares slide after slower US sales growth, but Greg Melich, Evercore ISI Senior Managing Director, says the…

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NYC Pied-à-Terre Tax Sparks Warning
Finance

NYC Pied-à-Terre Tax Sparks Warning

Brown Harris Stevens CEO Bess Freedman says America’s housing market is splitting in two: luxury buyers remain active…

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Moderna co-founder is a billionaire once again at $1.7 billion—he once turned down 20 high-paying job offers to ‘have more of an impact on the world’
Finance

Moderna co-founder is a billionaire once again at $1.7 billion—he once turned down 20 high-paying job offers to ‘have more of an impact on the world’

Billionaire biotech pioneer Robert Langer advises workers to do what makes them happy over money and job security:…

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The four-day week is here thanks to GTA 6—some employers are giving staff a one-off shorter week to steal cars in the long-anticipated video game
Finance

The four-day week is here thanks to GTA 6—some employers are giving staff a one-off shorter week to steal cars in the long-anticipated video game

Twenty soldiers have already accepted a U.S. Army offer for pass to play GTA VI—but they must commit…

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Nneka Ogwumike’s WNBA legacy isn’t just her 11 all-star nods. It’s a 364% pay raise for the players
Finance

Nneka Ogwumike’s WNBA legacy isn’t just her 11 all-star nods. It’s a 364% pay raise for the players

The president of the WNBA players' union is retiring after 15 seasons—and a labor agreement that's historic across…

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Bessent Says Buybacks May Be More Than $4 Billion Per Issue
Finance

Bessent Says Buybacks May Be More Than $4 Billion Per Issue

US Treasury Secretary Scott Bessent said increased buybacks of Treasury securities announced this week could be more than…

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India Allows Rare Tax-Free Sugar Imports to Cool Prices
Finance

India Allows Rare Tax-Free Sugar Imports to Cool Prices

India, the world’s second-biggest sugar producer, has allowed mills and refiners to import duty-free raw sugar in an…

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India Prop Traders’ Derivatives Profits Fall to $4.7 Billion
Finance

India Prop Traders’ Derivatives Profits Fall to $4.7 Billion

Proprietary trading firms, including those owned by global companies, saw their gross profit from equity derivatives decline to…

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As U.S. debt hits $40 trillion, Americans will foot the bill: $700 a month for retirees, and homebuyers could take a $53,000 hit, report finds
Finance

As U.S. debt hits $40 trillion, Americans will foot the bill: $700 a month for retirees, and homebuyers could take a $53,000 hit, report finds

"Addressing the national debt deserves to be a high priority for both voters and lawmakers, to benefit all…

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