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NY to tax luxury 2nd homes in NYC, stops short of hiking income taxes on wealthy22:21 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 US long-term mortgage rate bounce back to levels seen 4 weeks ago22:21 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 McDonald's focus on value and a big new burger drive sales in the first quarter22:21 McDonald’s posted better-than-expected sales in the first quarter as a new burger — and a continuing emphasis on value — brought in customers NTSB seeks details about evacuation after plane hit a person in Denver19:35 The National Transportation Safety Board says it is gathering information about the evacuation of a Frontier Airlines plane after it hit a person on the runway at Denver International Airport during takeoff Iran war disruptions spark higher costs and lost income in Bangladesh8:33 Tariqul Islam, a ride-share driver in Bangladesh, faces long fuel lines due to supply disruptions linked to the war in Iran Person dies after being hit by Frontier Airlines plane that was taking off at Denver airport6:55 A person has been killed after being struck by a plane on the runway at Denver International Airport during takeoff Iran warns the US against attacks on its oil tankers and other ships but ceasefire appears to hold6:55 Iran's Revolutionary Guard navy has warned of a “heavy assault” on one of the U.S. bases in the region if Iranian oil tankers or commercial vessels are attacked Whirlpool has been rattled by rising costs and that now means higher prices for customers1:35 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 jobless claim applications rise to 200K but remain historically low1:35 U.S. jobless claim applications rose last week but remain at historically low levels despite elevated inflation and other economic headwinds Rubio defends new US sanctions on Cuba, targeting military-run conglomerate GAESA9.května Secretary of State Marco Rubio has defended the Trump administration's decision to impose new sanctions on Cuba China says exports jump 14.1% from a year ago ahead of Trump-Xi summit9.května China says exports have risen 14.1% in April from a year earlier, despite the Iran war and lingering impacts from higher U.S. tariffs Fuel shortages and high prices push adoption of EVs in Africa, led by Ethiopia9.května Use of electric vehicles in Africa is surging, led by Ethiopia, as soaring prices and fuel shortages compel countries to opt for cleaner and cheaper transport Tesla recalls some Cybertrucks for wheel issue and over 200K other cars over camera8.května Tesla is recalling 173 Cybertrucks because cracking in the rotor could cause the wheel stud to separate from the wheel hub, increasing the risk of a crash and injury |