Business
The U.S. is expected to see a net influx this year of around 7,500 foreign millionaires – who have an estimated $43.7 billion in wealth — as the U.K. experiences a significant outflow of its rich. Around 142,000 millionaires around the world are projected to migrate to a new country…
The Canadian government rescinded a digital services tax that was set to take effect on Monday after President Donald Trump threatened to break off trade negotiations between the U.S. and Canada over the tax. Canada’s government adopted its 3% digital services tax a year ago and collections were due to begin…
President Donald Trump sent a note to Federal Reserve Chair Jerome Powell Monday showing how other nations across the world have lower interest rates compared to the U.S. as the president continues accusing the Fed chair of keeping interest rates “artificially high.” “‘Jerome, you are, as usual, too late. You…
Insiders at tech giant Nvidia have offloaded more than $1 billion in shares in the last year amid the stock’s rapid rise due to the artificial intelligence (AI) boom. The Financial Times reported that over $500 million in stock sales have occurred in the last month as Nvidia shares reached record highs,…
WWE Night of Champions was filled with surprises as John Cena thwarted Seth Rollins’ cash-in attempt, Cody Rhodes and Jade Cargill were crowned King and Queen of the Ring, and the Bloodline faction received a new member. The event took place in Riyadh, Saudi Arabia, in front of a packed…
Golf influencer Tisha Alyn has gone all in on her career as a media personality in a sport that is just as competitive on the course as it is off of it. Alyn’s brand is called ALYN, pronounced “all in” and based on her last name. She told Fox Business…
Medicaid, the insurance program for low-income and disabled Americans, is proving to be a sticking point in getting President Donald Trump’s colossal spending bill over the finish line. Republican lawmakers, who are facing a self-imposed July 4 deadline, proposed restructuring the program that provides coverage for more than 70 million…
Costco officially rolled out new shopping hours for its U.S. executive members on Monday. The new hours enable Costco executive members to squeeze in some morning shopping before the company’s U.S. warehouses let in people with Gold Star or business memberships. Under the newly-implemented “Executive Member Shopping Hours,” those that belong…
Economists and business leaders are sounding alarms over New York City mayoral candidate Zohran Mamdani’s plan to roll out city-owned grocery stores that he says will lower food costs. “You don’t lower grocery bills by having government-run stores,” Ryan Bourne, a top economist at the libertarian leaning Cato Institute think…
An error at Norway’s state-owned Norsk Tipping caused some people in the Scandinavian country to believe they had scored bigger lottery prizes. However, the information was wrong. Norsk Tipping put out push notifications with inaccurate prize figures for Friday’s drawing of the Eurojackpot after a “calculation error when converting from euro…