The Warning Signs Flashing From the Tech-Heavy Bloat of the S&P 500
The shifting composition of big public companies in the stock index shows how lopsided and less dynamic the American economy has become.
Official News
Curated from top global sources
Netflix Backs Out of Bid for Warner Bros., Paving Way for an Ellison Takeover
The move was a stunning development in the long-running corporate battle for the storied media giant.
U.S. Mortgage Rates Fall Below 6% for First Time in Years
The evidence is patchy on whether lower rates have meaningfully spurred more activity, as the Trump administration floats measures it says w…
How a Close Associate of Epstein’s Found Career Redemption in Japan
Top Japanese officials are backing a tech and entrepreneurship initiative led by Joichi Ito, whose involvement with Jeffrey Epstein may enda…
Dubai of the Caribbean, With Crypto? Locals Aren’t Buying It.
A Bitcoin baron wants to build a libertarian paradise on the island of Nevis. Democracy is getting in the way.
World Economic Forum Chief Resigns Over Epstein Ties
Borge Brende, a former foreign minister of Norway, had maintained contact with the convicted sex offender.
‘Z’? ‘Zo’? ‘Mam’? A New Mayor Needs a Nickname.
Mayor Zohran Mamdani has been given a bevy of nicknames by New York City’s tabloid newspapers and political class. Which will stick?
Bleak Research Report Stokes A.I. Debate on Wall St.
In a widely circulated note, Citrini Research painted a dire picture of job losses and stock market sell-offs, though many analysts and econ…
Abu Dhabi’s State Oil Company Looks Beyond Oil
Having reshaped the company, Sultan Ahmed Al Jaber wants to expand internationally, particularly in natural gas, chemicals and renewables.
Court Rules Against Justice Dept. Search of Reporter’s Computers
The judge said the court itself would search the devices, which were seized from a Washington Post reporter’s home last month.
Paramount Raises Its Bid for Warner Bros. Discovery
Warner Bros. Discovery said Paramount’s new offer of $31 a share could lead to a “superior proposal” to the deal it signed with Netfli…
Home Depot Says Homeowners Are Weary From Economic Pressures
The retailer said same-store sales were nearly flat as homeowners shied away from big-ticket projects amid worries about housing costs and t…