Articles

Taylor Swift favorite Golden Goose postpones IPO due to political upheaval in Europe

The company which makes the sneakers worn by Taylor Swift said it had decided to “reassess” its plans for its IPO following the European parliamentary elections

Inflation returns to Bank of England’s target for the first time in nearly three years

Inflation in the U.K. returned to the Bank of England’s target for the first time in nearly three years, data that underscores the central bank will soon join other peers in beginning to reduce interest rates.

‘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.
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