New York City’s Democratic-socialist Mayor Zohran Mamdani has issued an ultimatum to Albany: tax the ultra-wealthy or face a “last resort” 9.5% property tax hike to plug a $5.4 billion deficit. While Mamdani claims he’s protecting the working class, real estate insiders say the plan is a math-defying disaster that…

Walmart posted solid fourth-quarter results Thursday as shoppers continued prioritizing value and convenience, helping push online sales to a record share of the retailer’s business. The company reported fiscal fourth-quarter revenue of $190.7 billion, up 5.6% from a year earlier. U.S. comparable sales rose 4.6%, driven by a 2.6% increase…

White House economic advisor Kevin Hassett on Wednesday called for the New York Federal Reserve to punish economists who published a research paper that found that the bulk of the burden of the Trump administration’s tariffs are falling on U.S. businesses and consumers. “The paper is an embarrassment. It’s, I think,…

For more than 50 years, Happy Joe’s Pizza has been serving up more than just their famed pizza and ice cream, it’s found something more important: a “safe haven” for children and families, according to the company’s Chief “Happiness” Officer, Tom Sacco. The brand, which is headquartered in Davenport, Iowa,…

Bayer is proposing a $7.25 billion plan to settle thousands of lawsuits claiming its Roundup weedkiller caused cancer — a high-stakes effort to cap years of mounting legal exposure that will pressure the company’s finances in the near term. “This is a choice for speed and containment over a protracted…

The grandson of the man who invented the Reese’s Peanut Butter Cup is publicly criticizing The Hershey Company, accusing the candy giant of quietly changing the recipe of certain products under the iconic brand. Brad Reese, grandson of founder H.B. Reese – whose company merged with Hershey in the 1960s…

A proposal to abolish property taxes in the state of Ohio could prompt a surge in other forms of taxation to offset the lost revenue if voters approve the measure, the state’s governor warned. Gov. Mike DeWine, a Republican, spoke at a conference earlier this month and said that if the…

Federal Reserve policymakers were mostly in agreement on the decision to leave interest rates unchanged despite two calling for cuts, though several signaled that rate hikes could be on deck if inflation remains elevated. The minutes for the January meeting of the Federal Open Market Committee (FOMC), the Fed’s monetary…

Chrysler is recalling more than 80,000 Jeep Grand Cherokees in the U.S. after discovering that rear coil springs could detach while driving, creating a potential road hazard. The recall covers 2021–2023 Jeep Grand Cherokee and 2021–2023 Jeep Grand Cherokee L models. In total, 80,620 vehicles are affected, though regulators estimate…

House members from both parties joined to introduce legislation Wednesday aimed at incentivizing companies to train their employees to utilize artificial intelligence. Rep. Josh Gottheimer, D-N.J., introduced the AI Workforce Training Act along with Rep. Mike Lawler, R-N.Y. If passed, the legislation would create a tax credit for companies who…