Economy - Page 42

Mamdani ripped for claiming victory over capitalism after NYC's multi-billion dollar taxpayer funded bailout

July 1, 2026

Mamdani ripped for claiming victory over capitalism after NYC's multi-billion dollar taxpayer funded bailout

Mayor Zohran Mamdani claims he balanced New York City's budget by taxing the rich, but critics point to a multibillion-dollar Albany bailout.

One of America's oldest manufacturers says AI is creating jobs — not replacing them

July 1, 2026

One of America's oldest manufacturers says AI is creating jobs — not replacing them

Corning partners with Nvidia to build optical fiber factories in North Carolina and Texas, creating 3,000+ jobs to meet surging AI infrastructure demand.

STEVE FORBES: Mamdani’s socialist rent-control puts New York on the road to housing ruin

July 1, 2026

STEVE FORBES: Mamdani’s socialist rent-control puts New York on the road to housing ruin

New York City rent freeze on 1 million rent-stabilized apartments is price control, not housing policy. It will reduce supply and hurt tenants.

BlackRock CEO Larry Fink 'worried' about NYC under Mamdani, floats investing elsewhere under weaker conditions

June 30, 2026

BlackRock CEO Larry Fink 'worried' about NYC under Mamdani, floats investing elsewhere under weaker conditions

BlackRock CEO Larry Fink says he is worried about New York City under Mayor Zohran Mamdani, warning his firm may deploy resources elsewhere.

Shift4 CEO details World Cup commerce trends in host cities

June 30, 2026

Shift4 CEO details World Cup commerce trends in host cities

Shift4 CEO Taylor Lauber discusses the surge in commerce at World Cup venues and surrounding areas, highlighting significant spending increases in merchandise and restaurant sectors.

Stephen Miran speaks on Alan Greenspan's influence on Fed chair Warsh

June 30, 2026

Stephen Miran speaks on Alan Greenspan's influence on Fed chair Warsh

Stephen Miran of Hudson Bay Capital Management discusses the influences on Fed chair Kevin Warsh on 'Making Money.'

San Francisco home with history of squatters under contract for $1.3 million

June 30, 2026

San Francisco home with history of squatters under contract for $1.3 million

A San Francisco home occupied by squatters for five years is under contract for $1.3 million despite graffiti, needles, and no running water or electricity.

Congress eyes rare bipartisan housing win with or without Trump's help

June 30, 2026

Congress eyes rare bipartisan housing win with or without Trump's help

Donald Trump called the bipartisan housing bill a "yawn" compared to the SAVE America Act, refusing to sign it amid his midterm elections push.

Tariffs would mean one of two things for beer drinkers—neither is good, economist says

June 30, 2026

Tariffs would mean one of two things for beer drinkers—neither is good, economist says

A new economic analysis warns that tariffs on Mexican beer could either drive up prices for consumers or reduce investment that supports thousands of American jobs.

How capitalism missed out and failed to capitalize on America’s 250th anniversary

June 30, 2026

How capitalism missed out and failed to capitalize on America’s 250th anniversary

The 250th anniversary of America deserves an all-out celebration, but capitalism has failed to deliver the patriotic merchandise and events.