Nathan’s Famous, which opened as a 5-cent hot dog stand in Coney Island more than a century ago, has been sold to packaged meat giant Smithfield Foods in a $450 million all-cash deal, the companies announced Wednesday. Smithfield, which has...
As the European Union weighs options to retaliate against President Donald Trump’s latest tariffs, its most potent weapon may be in financial markets. France is already urging the EU to deploy its “anti-coercion instrument,” which can target foreign direct investment...
Miles Brundage, a well-known former policy researcher at OpenAI, is launching an institute dedicated to a simple idea: AI companies shouldn’t be allowed to grade their own homework. Today Brundage formally announced the AI Verification and Evaluation Research Institute (AVERI),...
The U.S. economy is a slightly steadier ship than many had expected heading into 2026, but with the labor market looking increasingly shaky, even one of the most optimistic demographics of the past year is starting to feel down. U.S....
Following the United States’ capture of Nicolás Maduro over the weekend, a report came out claiming that Venezuela had $60 billion stored in Bitcoin—leading to speculation that the U.S. could lay claim to cryptocurrency as well as oil. Despite numerous...
President Donald Trump implored Republicans to turn around their political fortunes ahead of November’s midterm elections, warning that if Democrats retake control of Congress, he would be impeached for a third time. “You got to win the midterms,” Trump said...
The U.S. military’s capture, arrest and extraction of Venezuela’s Nicolás Maduro still leaves the regime in place for now, according to an expert on the region. President Donald Trump is due to speak later on Saturday, but U.S. Attorney General...
While people have different definitions for luxury, the word typically elicits extravagance, grandeur, and exclusivity. And in the housing market, it usually prompts visions of a massive mansion dripping with amenities. But the definition of today’s luxury housing is changing,...
A proposed wealth tax aimed at billionaires hasn’t yet qualified for California’s ballot, but it’s already sparked intense pushback from tech founders in the state. It started when the New York Times reported that venture capitalist Peter Thiel and Google...
We’ve all heard the traditional advice that the best investments are those made in the stock market, saving in a 401(k), and buying a house. But younger generations have started touting nontraditional investments like buying a Birkin bag or other...
