American Express has achieved record quarterly revenue of $17.9 billion, driven by a surge in card member spending. As millennials and Gen Z embrace premium products, the company faces rising expenses but maintains a positive outlook.
Deion Sanders argues for a salary cap in college football to level the playing field, as transfer portal dynamics and NIL deals lead to imbalances that favor wealthier programs.
In a surprising turn, ultra-wealthy family offices are ramping up investments in biotechnology and entertainment, signaling a shift in investment strategies. Learn about the latest deals and why patience is key in biotech.
In a dramatic Fourth of July showcase, President Trump signed the controversial 'Big Beautiful Bill' that promises massive tax cuts for the wealthy while slashing Medicaid and food assistance for the poor. What does this mean for millions of Americans?
Donald Trump is set to sign a sweeping spending package that cuts safety-net programs while boosting funding for immigration enforcement. Critics warn of devastating impacts on healthcare and low-income families.
In a nail-biting vote, the Republican-controlled House advanced Trump's megabill, despite internal defections. With a final vote looming, tensions run high over welfare cuts and benefits for the wealthy.
Jeff Bezos and Lauren Sánchez celebrated their marriage with a $10 million wedding in Venice, attracting A-list celebrities and protests from locals upset about the event's impact on the city.
Jeff Bezos and Lauren Sánchez's extravagant wedding in Venice is drawing attention not just for its celebrity guests but also for the protests it has ignited. Activists express concerns over wealth disparity, culminating in a floating Bezos dummy in the canals.
Billionaire investor Bill Ackman raises alarms over left-wing candidate Mamdani's policies, fearing an exodus of wealthy New Yorkers could cripple the city's public services and tax base ahead of the November election.
Wall Street is in turmoil over Zohran Mamdani's victory in the NYC mayoral primary. Investors fear tax hikes and stricter regulations, leading to potential exodus from the city. High-profile financiers express alarm at the implications for New York's economy.
