Articles

‘Make no mistake: Willie Mays was a baseball god’ — a fan’s appreciation

When it comes to Willie Mays, everyone wants to talk about “The Catch.” But I want to talk about the hit.

IMF to set up regional center in Shanghai to boost research

The International Monetary Fund will set up a regional center in Shanghai to boost research in the Asia-Pacific region.

Japan’s exports rise for sixth straight month, thanks to cars and chip equipment

Japan’s exports rose for a sixth straight month in May, propelled by higher demand for cars and semiconductor-manufacturing equipment, government data showed Wednesday.

AbbVie says FDA approves Skyrizi for ulcerative colitis

AbbVie said that the heavily-advertised drug was now approved for four conditions across different so-called “immune-mediated” inflammatory diseases.

Trump Media shares continue to drop, as SEC move threatens to ding shareholders

Trump Media & Technology Group Corp. — the company behind former President Donald Trump’s Truth Social platform — said Tuesday that regulators allowed some of its investors to resell certain securities and made certain warrants available for exercise.

Tuatara Capital to run Cannabis NYC Loan Fund to fuel social-equity program

A private-equity firm led by Wall Street veterans that has backed Willie Nelson’s pot brand Willie’s Reserve as well as multi-state operator Verano has been tapped to manage New York City’s new Cannabis NYC Loan Fund.

Amazon hit with $5.9 million fine as California says it failed to disclose quotas to workers

Amazon has been fined $5.9 million by a California labor agency accusing the online retailer of failing to sufficiently disclose productivity quotas to employees at two warehouses in the state, in violation of a law intended to prevent worker injuries.

CBO raises U.S. budget-deficit forecast to close to $2 trillion

The U.S. budget deficit is projected to hit $1.92 trillion this year, up from $1.69 trillion in 2023, according to updated projections from the Congressional Budget Office released Tuesday.

Citi’s investment-banking revenue tracking 50% above year-ago level

Citigroup’s investment banking unit is being driven by better mergers and acquisitions activity as well as capital-raising.

This family of four is hoping GoFundMe will save them from eviction — similar fundraisers have increased 40% since the pandemic

Rents aren’t growing as fast as they once were, but they’re stuck at a level where many people can’t afford them.

Why the immigration surge under Biden is saving taxpayers money

A wave of illegal border crossings in recent years has sparked heated debate over U.S. immigration policy, but official estimates suggest the surge in migration over the U.S.-Mexico has done wonders for the federal budget outlook.

Bitcoin falls below key support level, with crypto ‘whales’ slow to buy

Bitcoin has fallen below its 50-day average of around $65,800, an important support level, signaling a potential correction of 8% to 12%, according to analysts at CryptoQuant. The coin may decline toward $60,000, the analysts noted.
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