Billionaire entrepreneur Mark Cuban publicly opposed a proposed 5% wealth tax in California during a heated…
Tag: editor-pick
Paramount Seeks $1.9 Billion Bond in WBD Merger Lawsuit
Paramount has asked states challenging its merger with Warner Bros. Discovery (WBD) to post a bond…
U.S. Treasury Proposes New Rules for Stablecoin Issuers
The U.S. Treasury Department proposed new rules on Monday for stablecoin issuers. These rules set compliance…
Reform UK Proposes £50bn Welfare Cuts, Faces Backlash
Reform UK has announced a plan to cut £50 billion from the welfare budget. This move…
Strategy Raises $334 Million, Boosts Cash Reserves to $4.8B
Strategy raised $334 million last week by selling 3.46 million shares of common stock, according to…
Top Russian Economist Fired After Criticizing War Impact
Andrey Klepach, chief economist at Russia's state development bank VEB, was dismissed after making critical comments…
Goldman Sachs Sees Low Odds for September Fed Rate Hike
Goldman Sachs has stated that a Federal Reserve interest rate increase in September is "very unlikely"…
China Curtails 360 TWh of Renewable Energy in H1 2026
China curtailed 360 terawatt-hours (TWh) of solar and wind power from January to June 2026. This…
Norway Wealth Fund Warns of AI Investment Risks Ahead
Nicolai Tangen, CEO of Norway's Government Pension Fund Global (GPFG), warned that a major market downturn…