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Stock Widget The IPO of collaborative design software company Figma FIGMA +250.00% ▲ set Wall Street abuzz after the company’s stock skyrocketed 250% on its debut, briefly valuing the firm at a staggering $60 billion. But while critics claim the…
Palantir’s Success in Washington and the Resulting 600% Surge in Its Stock Price
Once dismissed as a niche Silicon Valley data-mining firm, Palantir Technologies PLTR +600.00% ▲ has undergone a dramatic metamorphosis, transforming into a central fixture in Washington’s national security and AI strategies. As its stock soared nearly 600% from early 2024…
Trump has decided against selecting Scott Bessent to lead the Federal Reserve
WASHINGTON, D.C. — In a move with deep implications for U.S. monetary policy and global financial markets, President Donald J. Trump announced on Tuesday that he has officially ruled out Treasury Secretary Scott Bessent as a contender for the next…
The government watchdog has found NIH funding delays to be in violation of the law
WASHINGTON, D.C. — A new report from the Government Accountability Office (GAO) has found that the National Institutes of Health (NIH), under direction from the Trump administration, unlawfully delayed and canceled billions of dollars in federally approved medical research grants.…
Stock Widget Microsoft MSFT -0.75% ▼ is laying off 40 Washington-based employees, as the company continues to trim its workforce amid record spending on artificial intelligence. Monday’s layoffs, disclosed in a state filing, are separate from previous announcements of global…
In one of the largest residential real estate transactions in Los Angeles history, former Google CEO Eric Schmidt has purchased the iconic Spelling Manor—a 56,000-square-foot mega-mansion once home to late TV magnate Aaron Spelling—for $110 million, as first reported by…
The build-out of artificial-intelligence infrastructure is costing a fortune, straining companies and capital markets. In a summer earnings season dominated by eye-popping profits from Big Tech, investors and analysts have cheered what appears to be a golden age of artificial intelligence (AI)
What should have been a peaceful drive down a scenic California mountain road turned into a harrowing life-or-death struggle for 69-year-old retired radiologist Dr. Peter Rothschild, whose Volvo XC90 plug-in hybrid suddenly lost its ability to brake. With dashcam footage capturing every moment of the escalating crisis, the terrifying incident is now at the center of a nationwide recall affecting nearly 12,000 Volvo vehicles — and raising serious questions about the automaker’s safety practices and software deployment.
Delta Air Lines Confirms to U.S. Legislators That It Will Not Personalize Ticket Prices with AI
Delta Air Lines is facing mounting scrutiny over its adoption of artificial intelligence in airfare pricing, following sharp criticism from U.S. lawmakers who raised concerns about potential “personalized pricing” — a practice where AI could tailor fares based on a customer’s individual data or perceived willingness to pay.
In a harrowing video released Friday by Hamas and approved for publication by his family the following day, Israeli hostage Evyatar David is seen pale, emaciated, and trembling, forced to dig what he fears may be his own grave inside…
‘Mamdani of Minneapolis’ Highlights Growing Divide Within the Democratic Party Beyond NYC
Forget identity politics—what we’re witnessing is a full-scale ideological insurgency. The rise of Zohran Mamdani in New York City and Omar Fateh in Minneapolis isn’t a tale of diversity breaking barriers—it’s an alarm bell signaling a growing socialist push challenging…
In a tech world long dominated by Apple, Meta CEO Mark Zuckerberg has taken aim at a new target: the iPhone as the center of personal computing. In a memo and earnings commentary timed to perfection, Zuckerberg may have fired…
Watchdog Agency Launches Investigation into Jack Smith, the Prosecutor Who Investigated Trump
In a stunning development with far-reaching political implications, the U.S. Office of Special Counsel (OSC) has officially launched an investigation into Jack Smith, the former special counsel who led the federal prosecutions of former President Donald J. Trump. The inquiry, announced over the weekend, centers on allegations that Smith may have violated the Hatch Act, a federal law that prohibits government officials from engaging in partisan political activity while performing their official duties.
President Donald Trump’s aggressive new trade policies—designed to bolster domestic manufacturing—are hitting Ford Motor Company harder than many anticipated. Despite building roughly 80% of the vehicles it sells in the U.S. domestically, Ford is projecting a net $2 billion tariff-related…
The U.S. experienced a dramatic slowdown in hiring throughout the summer, impacting job growth
The latest jobs data suggests pockets of weakness in the labor market are starting to take hold. Revisions showed employers added a combined 258,000 fewer jobs in May and June than estimated.
For nearly a century, McKinsey & Company has occupied a rarified perch as the elite advisor to CEOs, governments, and boardrooms across the world. Its consultants—often MBAs from the likes of Harvard, Wharton, and Stanford—once commanded deference bordering on awe.…
Zuckerberg, it seems, is pulling every lever possible to accelerate the buildout of his new AI division — Meta’s Superintelligence Labs — in a frantic attempt to catch up with rivals like OpenAI, Google DeepMind, and Anthropic. But the refusal by TML’s team — not one of whom accepted any offer — paints a telling portrait of the current AI climate: money isn’t everything, even when the checks have nine zeros.
The Federal Reserve holds interest rates stable, resisting pressure from Trump, and offers no indication of a rate cut in September
WASHINGTON – The U.S. central bank held interest rates steady on Wednesday and Federal Reserve Chair Jerome Powell’s comments after the decision undercut confidence that borrowing costs would begin to fall in September, possibly stoking the ire of President Donald…
Tsunami evacuations have been ordered in South America, but the worst risk appears to have passed for the US after a huge earthquake
HONOLULU (AP) — Fears of a devastating tsunami across the Pacific faded Wednesday after one of the strongest earthquakes ever recorded struck off a sparsely populated Russian peninsula, but communities along South America’s Pacific coast carried out evacuations and closed beaches. Warnings…
The New York Times’ July 25 front page showing a picture captioned: “Mohammed Zakaria al-Mutawaq, about 18 months, with his mother, Hedaya al-Mutawaq, who said he was born healthy but recently diagnozed with severe malnutrition. A doctor said the number…
Federal Reserve Holds Rates Steady; Two Officials Dissent, Preferring a Cut
WASHINGTON, D.C. — The Federal Reserve held interest rates steady Wednesday for the fifth consecutive meeting, but signs of growing division within the central bank emerged as two officials dissented in favor of a rate cut, underscoring increasing uncertainty over the…
Trump Imposes 25% Tariff on India, Hints at Penalties for Russian Oil Purchases
WASHINGTON, D.C. — The United States will impose a 25% tariff on goods from India, plus an additional import tax because of India’s purchasing of Russian oil, President Donald Trump said Wednesday. India “is our friend,” Trump said on his Truth…
CALIFORNIA — A 29-year-old Google software engineer tragically lost her life earlier this month in a freak accident while hiking along a popular trail in Yosemite National Park, when a massive branch from one of the park’s iconic sequoia trees suddenly…
The NFL was targeted in Monday’s attack by a gunman at the Manhattan building at which the league’s offices are located, New York City Mayor Eric Adams (D) said in broadcast interviews Tuesday. An NFL employee was “seriously injured” in…
NYC mass shooter Shane Tamura had a note blaming the NFL for his CTE, despite never playing professional football
The crazed gunman who killed an NYPD officer and three other people in a Midtown skyscraper on Monday evening was carrying a note in his pocket that expressed grievances with the NFL and claimed he suffered from CTE – a brain injury linked…














































![Grocery Chain CEO and Real Estate Titan Warn Socialist Mayoral Frontrunner Could ‘Destroy’ New York A poster for mayoral candidate Zohran Mamdani hangs on a storefront in Jackson Heights, Queens, New York City [Joanna Insco/ Al Jazeera]](https://newyorkbudgets.com/wp-content/uploads/2025/07/2-1752732199.jpg-450x253.webp)









