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Zohran Mamdani, the 33-year-old socialist and Democratic nominee for mayor of New York City, shocked the political establishment with his primary win last month, including New York City real estate executives, with his radical ideas, like rent freezes and tax plans that single out specific neighborhoods. Marc Holliday, CEO of SL Green, a New York-based real-estate investment trust, is hosting a fundraiser for Mamdani's opponent, Mayor Eric Adams, at One Madison […]

Mondelez Global is recalling some cartons of Ritz cracker sandwiches over erroneous labeling that could put people allergic to peanuts at risk. The recall, announced Tuesday, centers on eight-pack, 20-pack and 40-pack cartons of Ritz peanut butter cracker sandwiches and 20-pack cartons of Ritz cracker sandwich variety packs, according to a recall notice published by the Food and Drug Administration (FDA).The individual packs within the recalled cartons may say that they […]

U.S. Secretary of Education Linda McMahon explained why the Trump administration will soon resume interest charges for nearly 8 million student loan borrowers, saying former President Joe Biden left borrowers in legal limbo when he couldn't deliver on the controversial campaign promise. "For years, the Biden Administration used so-called ‘loan forgiveness’ promises to win votes, but federal courts repeatedly ruled that those actions were unlawful. Congress designed these programs to ensure […]

Copper prices surged on Tuesday following President Donald Trump's announcement that he will impose a 50% tariff on copper imports as he seeks to boost domestic production of the critical metal.The price of copper hit a record high following the president's announcement at a Cabinet meeting in front of the press that his administration will impose a 50% tariff on copper, following Trump's move earlier this year to initiate a national […]