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New York City’s new mayor, Zohran Mamdani, is making good on his campaign promise of taxing the rich. Loading audio narration… On Thursday, Mamdani and New York Governor Kathy Hochul jointly announced a new tax proposal aimed at wealthy people who own second homes in the city.The proposed pied-à-terre tax…
OpenAI’s acquisition of popular tech talk show TBPN has left many in Silicon Valley stunned — but not speechless. Loading audio narration… Sam Altman’s AI behemoth has made a slew of big moves this year, from introducing ads on ChatGPT to shutting down Sora, its AI video app.While OpenAI is…
There’s a new force that could push up inflation in the US once again: The Iran war. Loading audio narration… Oil prices passed $100 a barrel on Sunday after the effective closure of the Strait of Hormuz cut off crude shipments from the Persian Gulf. While prices dropped to around…
