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NY to tax luxury 2nd homes in NYC, stops short of hiking income taxes on wealthy23:57 New York state lawmakers are expected to place a new tax on luxury second homes in New York City, appeasing Mayor Zohran Mamdani and his progressive base as he moves to fund his ambitious agenda on the backs of the rich Whirlpool has been rattled by rising costs and that now means higher prices for customers20:14 With the war in Iran and economic concerns putting pressure on consumers and how they spend their money, Whirlpool is having to adjust to Americans delaying big-ticket purchases while also raising prices to help stabilize its North American business US long-term mortgage rate bounce back to levels seen 4 weeks ago18:39 The average long-term U.S. mortgage rate rose again this week, reflecting ongoing bond market volatility as surging oil prices due to the war with Iran heighten inflation worries Cofounder of British fashion brand Superdry sentenced to 8 years in prison for rape17:03 The cofounder of the British fashion brand Superdry has been sentenced to eight years in prison for raping a woman following a night of drinking US jobless claim applications rise to 200K but remain historically low15:26 U.S. jobless claim applications rose last week but remain at historically low levels despite elevated inflation and other economic headwinds Emirates CEO says jet fuel costs 'well hedged' through 202914:55 Emirates has hedged its exposure to higher jet fuel prices for the next three years and has secured enough supply to meet current and future needs McDonald's focus on value and a big new burger drive sales in the first quarter14:55 McDonald’s posted better-than-expected sales in the first quarter as a new burger — and a continuing emphasis on value — brought in customers AirAsia bets big on efficiency with order for 150 Airbus A220 jets11:10 Budget airline AirAsia has announced an order for 150 Airbus A220-300 jets, valued at about $19 billion at list prices Iran reviewing US proposal as Trump pressures Tehran for agreement on deal to end war11:10 Iran has said it is reviewing new U.S. proposals to end the war, as U.S. President Donald Trump threatens more bombing if no deal is reached Worries about AI's risks to humanity loom over the trial pitting Musk against OpenAI's leaders7:58 Questions about the dangers of artificial intelligence have been looming over the trial pitting Elon Musk against OpenAI CEO Sam Altman Tokyo's share benchmark Nikkei 225 jumps 5.7% on hopes for progress in reopening the Strait of Hormuz5:51 Tokyo's share benchmark Nikkei 225 jumps 5.7% on hopes for progress in reopening the Strait of Hormuz European fishing firms reflag ships to tap Indian Ocean tuna quotas, report finds2:37 A new report reveals European companies have taken a third of the Indian Ocean's tropical tuna catch Ted Turner's vision of news as global and continuous changed both the industry and society itself7.května Ted Turner’s death comes at a fraught time for cable news, which has struggled to retain viewership in an era of countless media choices and abundant streaming video DoorDash plans to spend more than $50 million on gas price relief for its drivers this spring6.května DoorDash said Wednesday it expects to spend more than $50 million in the second quarter on gas price relief for its delivery drivers How major US stock indexes fared Wednesday 5/6/20266.května Oil prices sank, and stock markets burst higher worldwide with hopes that a deal is nearing to allow tankers to deliver crude from the Persian Gulf again |