Goldman Sachs: Wealthy Americans to continue exodus from high-tax states even with higher SALT deduction
Goldman Sachs analysis finds higher SALT deduction caps unlikely to prevent high-income households from moving from high-tax states to low-tax states amid rising interstate migration.
Meta's Zuckerberg aiming to dominate AI race with recruiting push for new ‘superintelligence’ team: report
Meta CEO Mark Zuckerberg is reportedly building a superintelligence team to develop artificial general intelligence, recruiting 50 experts amid competition with OpenAI and Google.
OpenAI says this state will play central role in artificial intelligence development
OpenAI executives told business and civic leaders in New York that the city and state can play a central role in the development and adoption of artificial intelligence.
Consumers are paying the costs for Trump's tariffs: New York Fed
Federal Reserve Bank of New York finds 75% of businesses facing tariff-induced cost increases are raising prices amid uncertainty about future tariff policies.
National Debt Tracker: American taxpayers (you) are now on the hook for $36,215,685,263,667.36 as of 6/9/25
The U.S. national debt is climbing at a rapid pace, on track to double over the next three decades amid a rush of spending by President Biden and Congress.
White House touts plan to provide $1K investment accounts for newborns
White House to host event with CEOs to promote "Trump Accounts" policy giving newborn U.S. citizens $1,000 investment funds for education, housing and business expenses.
Warner Bros. Discovery announces major corporate restructuring to separate streaming from cable
Warner Bros. Discovery plans to split into two companies by separating its studios and streaming from cable TV networks to better compete in the evolving media landscape.
How much have Musk's Tesla and SpaceX benefited from government funds?
Elon Musk's public feud with President Donald Trump over the GOP tax package's deficit impact put the federal funding that Tesla and SpaceX have received in the spotlight.
Job growth continued to slow in May amid economic uncertainty
The Labor Department reported that the U.S. economy added 139,000 jobs in May, as employers slowed the pace of hiring amid uncertainty over economic conditions and policies.