Nvidia’s board of directors faces a trillion-dollar dilemma: Can the chipmaker afford to part with its storied co-founder and CEO, now embroiled in multiple investigations into his affair with an alleged Chinese spy? In recent years, several high-profile CEOs have been ousted after their relationships with employees and customers came under scrutiny, including former McDonald’s…
The New York City Council passed a bill banning horse-drawn carriage rides in the city by 2028. Lawmakers voted Thursday afternoon on Romanch’s Law. The legislation is named after Romanch Mahajan, 18, who died during a carriage accident in June in Central Park. The bill is now headed to Mayor Zohran Mamdani to sign. “With…
Treasury yields edged higher on Tuesday, extending a global bond sell-off and threatening to raise borrowing costs for millions of Americans. The yield on the 10-year Treasury, which influences mortgage rates, rose to 4.78%, up from 4.75% late Monday and the highest level since January 2025. The yield on the 2-year Treasury, which closely tracks…
