New Mexico Attorney General Raúl Torrez is reportedly working with state lawmakers to draft two new bills strengthening consumer protections and child safety online, the day before 29 state attorneys general are set to face off against Meta in a separate federal trial in Oakland, California. The legislation, which is expected to be announced in
Billionaire entrepreneur Mark Cuban didn’t hold back in a public squabble with Rep. Ro Khanna about the proposed wealth taxes in California—cracking open a feud between one of the wealthiest Democratic Party supporters and the left wing of the party. The two sparred over a proposed wealth tax that would ask the state’s richest residents
The financial giant was worth roughly $970 billion on Monday morning—a modest stock-market rally away from becoming the first bank in the world with a $1 trillion market cap and a far cry from its $138 billion valuation on December 30, 2025, just before he took over. Last month, JPMorgan posted the highest-ever quarterly profit
One Gen Z high school dropout with two tech businesses to his name has just become Europe’s youngest self-made billionaire following a breakout investing round—before even turning 30. James Dacombe, the 25-year-old serial entrepreneur behind AI chip-making firm Olix and brain monitoring startup CoMind, just hit a personal net worth of over $1 billion. Dacombe
Futures are mixed ahead of a big week for major retailers as new questions emerge about the state of the U.S. consumer, a major engine powering the American economy. The S&P 500 edged 0.1% higher, while Dow Jones Industrial Average futures slipped 0.2%. Nasdaq futures gained 0.5%. U.S. stocks hit an all-time high last week despite some
A Massachusetts mayor was arrested Friday and charged with fraudulently obtaining a pandemic loan and using the money to fund his election campaign as well as pay off high-interest mortgages on several of his properties and personal taxes. Lawrence Mayor Brian DePena was charged Friday with one count of wire fraud and one count of money laundering.