In a stunning upset, Mamdani wins the New York mayoral race, taking on wealthy donors and critics. As billionaires shift their stance, Trump threatens funding cuts if Mamdani takes office.
In a bold response to Trump’s intimidation tactics, NYC Mayor-elect Zohran Mamdani vows to push forward with an ambitious affordability agenda and raise taxes on the wealthy. With record voter turnout, Mamdani aims to reshape the city’s future.
Donald Trump's extravagant dinner for wealthy donors at the White House raises eyebrows as the government shutdown threatens food assistance for millions. Critics liken the opulence to historical excesses of monarchs.
In a powerful speech at an award ceremony, Billie Eilish challenged billionaires like Mark Zuckerberg to donate their wealth and address the growing needs of society. Her remarks sparked conversations about the responsibility of the wealthy in times of crisis.
President Trump has signed an executive action imposing a $100,000 fee on H-1B visas to limit foreign worker influx, alongside a new gold card program for high earners. This move could greatly affect industries reliant on H-1B workers, particularly tech.
A growing trend of states taxing wealthy second-homeowners is sparking outrage among brokers and buyers. Critics argue these taxes could hurt local economies that rely on affluent residents.
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.
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.