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Fed’s preferred inflation gauge worsens as Iran war sends food, energy prices surging
US inflation increased at its fastest pace in three years in April, driven by higher energy prices amid the war with Iran, and cementing economists’ views that the Federal Reserve could hold interest rates unchanged well into next year. The personal consumption...
NYC influencer Joe Sweeny, Nick Shirley plan downtown Manhattan rally to protest migrant street peddlers
The New York City business community – including the likes of Jamie Dimon and David Solomon – could learn a thing or two from Joe Sweeny. The 36-year-old lawyer and social media influencer – who lately has teamed up with independent journalist Nick Shirley to...
SkinnyDipped chocolate bites recalled nationwide over potentially deadly peanut risk
SkinnyDipped dark chocolate snack products are being recalled nationwide over fears they may contain undeclared peanuts — posing a potentially life-threatening risk to people with peanut allergies. Bazzini, an Allentown, Pa.-based co-manufacturer used by...
A new Oura ring is coming — and the CEO believes it will make doctors take the trendy wearable seriously
Oura Ring’s new AI upgrade, led by CEO Tom Hale, aims to reshape healthcare interaction and wellness. New partnerships with Essence Health and Counsel Health connect users to AI and doctors. The launch follows a confidential IPO filing, with Oura’s valuation...
Italian luxury car brand released its new EV — fans are triggered over its Silicon Valley design
Ferrari’s first all-electric supercar is getting roasted — with furious gearheads blasting the sleek new ride as an “iPhone on wheels” that risks turning the legendary Italian brand into a California tech toy. The $640,000 Ferrari Luce — pronounced “LOO-chay,”...
Fresh hell for California’s crippled wine industry as values hit rock bottom
California’s battered wine industry is spiraling deeper into crisis as vineyard values across wine country plunge, buyers vanish, and experts warn the pain could drag on for years. At an AWG Wine Advisors conference in Santa Rosa on May 21, industry insiders...
Fraudster billionaire who wanted 50 kids with ‘blonde, blue-eyed’ women sentenced to prison
A North Carolina billionaire who reportedly sought to father as many as 50 children with “Aryan”-looking women was sentenced this week to 12 years in prison for a sprawling fraud scheme that siphoned more than $2 billion from insurance companies. Greg Lindberg,...
Trump administration refunds $20B in overturned tariffs after Supreme Court loss
A little over $20 billion in tariff refunds have been paid out to importers after the Supreme Court struck down the centerpiece of President Trump’s aggressive trade agenda earlier this year, according to newly disclosed court filings. US Customs and Border...
Senate bipartisan bill tackles NIL chaos in college sports, creates ‘Lane Kiffin Rule’
Two key senators involved in a long-simmering debate over fixing college sports introduced a bipartisan bill designed to break a congressional logjam that would regulate payments to players, limit them to one “free” transfer over their careers and create a...
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