Rollout of New York City’s Second-Home Tax Is Confusing Some Residents
The rollout of New York City’s contentious new pied-à-terre tax started with a notification from Mayor Zohran Mamdani…
Musk Is the World’s First Trillionaire. Who Was the First Billionaire?
On Friday, the world’s richest person, Elon Musk, became its first trillionaire, following a record-setting initial public offering…
SpaceX Finalizes IPO Price at $135 a Share in World’s Largest Public Offering
SpaceX, Elon Musk’s rocket and satellite maker, officially finalized its initial public offering as the world’s largest stock…
Bill Gates Says Epstein Tried to Use His Extramarital Affairs Against Him
Bill Gates, the Microsoft co-founder and philanthropist, told a congressional committee on Wednesday that the sex offender Jeffrey…
SpaceX’s IPO Will Turn 4,400 Employees Into Millionaires
As Trevor Hise was getting ready to graduate from college in 2011, his parents wanted him to take…
How Banks Are Using the SpaceX IPO to Woo the Super Rich
On the 51st floor of JPMorgan’s gleaming Midtown headquarters, 350 wealthy investors gathered last week to hear directly…
People Love to Hate This Fake Private Equity Guy
In little more than a year, Johnny Hilbrant Partridge, a former spin-class instructor, has vaulted from obscurity to…
Inside the Elon Musk-OpenAI Trial Courtroom
Most of what we see of Elon Musk and Sam Altman, two of Silicon Valley’s most powerful men,…
Israel’s Secret Base in Iraq, Iran’s Leader is MIA, Hantavirus Cruise Passengers Begin Repatriation | What’s News for May 10
This is an edition of the What’s News newsletter, which helps you catch up on the headlines and…
A Look Inside the Case That Enshrined Political Power for Billionaires
The justices’ views did not track along simple ideological lines. Justice Byron White, a Kennedy appointee, felt that…
In Attack on Mamdani, Vornado Chief Likens ‘Tax the Rich’ to Hate Speech
Steven Roth, the chief executive of Vornado Realty Trust, used an earnings call on Tuesday to castigate Mayor…
The Met Gala’s Embrace of Jeff Bezos Causes a Backlash
At the same time, the gala is grappling with other uncertainties, including a transition of professional roles for…