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Trump announces ‘historic’ peace treaty between Rwanda and DR Congo
Central African nations ink deals giving US companies access to Kinshasa’s minerals and seeking to end 30 years of conflict
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Meta set to slash spending on metaverse as Zuckerberg shifts focus to AI
Social media company considers cutting unit’s budget by as much as 30%
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Tariffs and the $38 trillion national debt: Kevin Hassett sees ’big reductions’ in deficit while Scott Bessent sees a ‘shrinking ice cube’
The favorite to become Fed chair says tariffs are an important part of Trump’s economic policy and behind “a lot of the revenue coming into the Treasury.”
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‘There is no Mamdani effect’: Manhattan luxury home sales surge after mayoral election, undercutting predictions of doom and escape to Florida
Signed contracts for Manhattan homes over $4 million skyrocketed 25%; “the idea that people would flee New York was overblown,” said realtor Donna Olshan.
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Meta’s Zuckerberg plans deep cuts for metaverse efforts
Meta confirmed a reduction in resources for the metaverse, and said savings are expected to funnel toward other futuristic projects within Reality Labs.
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Rich people are flooding dollar stores as Americans navigate a crushing affordability crisis
Dollar Tree says 60% of new customers in its most recent quarter earned $100,000 or more.
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America, meet your alienated youth: ‘Gold standard’ Harvard survey reveals Gen Z’s anxiety and distrust, defined by economic insecurity
The Harvard Youth Poll pulls back the curtain to reveal a generation defined by widespread distrust in the economy.
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Labour is slow-marching working people to populism
Insurgent parties to left and right peddle nonsense economics but enjoy dramatically rising support