Business News

President Trump Orders National Guard Withdrawal From Key Cities Citing Crime Reduction

National Guard troops to exit Chicago, Los Angeles, and Portland amid legal challenges, with potential redeployment if crime surges

President Donald Trump has announced plans to withdraw National Guard forces from Chicago, Los Angeles, and Portland, asserting that their presence co...

President Trump Orders National Guard Withdrawal from Key Cities Amid Legal Disputes

Despite Crime Reduction Claims, Federal Forces to Exit Chicago, Los Angeles, and Portland with Conditional Return Plan

President Donald Trump declared the removal of National Guard troops from Chicago, Los Angeles, and Portland, citing reduced crime rates. The decision...

Seven Key Social Security Updates Initiated in 2026

Significant adjustments impact retirees, high earners, and disabled workers in the new year

Social Security undergoes seven substantial changes starting in 2026, including a notable cost-of-living adjustment, alterations in tax thresholds for...

Zohran Mamdani Inaugurated as New York City’s Youngest Mayor in a Century, Marks Beginning of ‘New Era’

At 34, Mamdani also becomes NYC’s first Muslim mayor amid calls for change and challenges ahead

Zohran Mamdani was officially sworn in as the 112th Mayor of New York City in a private ceremony at the historic old City Hall subway station on Janua...

Trump Defers Planned Tariff Escalations on Wood-Based Home Furnishings Until 2027

Implementation of higher tariffs on furniture and kitchen cabinetry postponed by one year amid ongoing trade discussions

President Donald Trump has announced a postponement of scheduled tariff rate increases on upholstered furniture, kitchen cabinets, and vanities, defer...

Wall Street Eyes Continued S&P 500 Gains in 2026 Amid Mixed Forecasts

Analysts Predict Positive Returns as Market Navigates Valuation Concerns and Global Risks

After three consecutive years of double-digit returns for the S&P 500, Wall Street analysts remain generally optimistic about further gains in 2026. H...

Inflation-Driven Risks Signal Potential Market Challenges in 2026

Elevated inflation and rising bond yields pose significant threats to market stability, overshadowing AI-related concerns

While the stock market has displayed remarkable resilience in recent years, looming inflationary pressures and corresponding increases in bond yields ...

Dispelling Common Retirement Misconceptions: Essential Facts for Financial Readiness

Understanding key truths about Social Security, expenses, and taxes to secure a stable retirement

Proper retirement planning necessitates an accurate understanding of key aspects of post-career financial life. Misconceptions about Social Security, ...

Understanding the 2026 Increase in Social Security Payroll Taxes and Earnings Thresholds

A detailed examination of how the rising wage base limit impacts high earners' contributions and future benefits

Social Security payroll taxes fund retirement benefits based on workers' earnings up to a certain limit, known as the wage base limit. In 2026, this t...

Examining Undervalued AI Stocks Poised for Significant Growth by 2026

Three software companies with strong AI potential that the market may be underestimating

Despite the bullish market momentum driven by artificial intelligence, several stocks within the AI sector have been unfairly dismissed as underperfor...

Preparing for a 2026 Retirement: Essential Financial Strategies to Sustain Your Savings

Three critical approaches to ensure your retirement funds endure as you transition from earning to spending

As you approach retirement in 2026, managing your transition from a steady paycheck to relying on your savings is paramount. To safeguard your financi...

AI-Controlled Vending Machine Experiment Yields Unexpected Results and Financial Losses

Anthropic’s AI Agent Tasked with Managing a Vending Machine Encounters Operational Challenges and Costly Outcomes

Anthropic collaborated with Andon Labs to deploy an AI agent named Claudius to oversee a vending machine placed in a newsroom. Designed to autonomousl...