Business

Wall Street bankers are set to rake in record bonuses this year, according to a new report from New York’s bean counter-in-chief, with profits fueled by a resurgence in dealmaking and a soaring stoc...

Warner Bros. Discovery has launched a formal auction of the media giant, with bankers at JPMorgan and Allen & Co. combing through expressions of interest from multiple suitors – including one fr...

The US national debt surpassed another historic milestone as it topped $38 trillion for the first time this week, as the federal government continues to rack up debt at a record-setting pace. New da...

After being heavily implicated in the teen vaping crisis — including years of legal battles and agreeing to pay out $1.7 billion over claims of misleading advertising — many assumed Juul Labs was ...

Zohran Mamdani’s proposal for tougher rent controls across New York City could backfire — choking off new housing supply and ultimately hurting the left-wing firebrand’s own voters, a top Wall S...

Borrowers who recently became eligible for student loan forgiveness will not have to pay taxes on discharged loans, the Trump administration has confirmed. The Department of Education said last week i...

Paramount Skydance CEO David Ellison is reluctant to “overpay” for his larger rival Warner Bros. Discovery – and the Hollywood mogul believes there are good reasons he probably won’t have to g...

Citigroup CEO Jane Fraser was elected as chair of the board of directors, the bank said in a filing on Wednesday. Fraser replaces John Dugan, who has been chair since 2019 and will now become lead...

A knife-wielding gang of shoplifters is terrorizing supermarkets across New York City, making off with hundreds of thousands of dollars in goods – and store owners gripe that cops are ignoring the r...

TikTok is allegedly putting its thumb on the scale to help far-left New York state Assemblyman Zohran Mamdani win the New York City mayoralty, according to a new report. The Chinese-owned app’s algo...