In the midst of New York City’s ever-worsening affordable housing crisis, one politician is boldly striding forth with a significantly radical proposal. Zohran Mamdani, the democratic socialist and second-place candidate in the Democratic mayoral primary, has recently suggested that the city should borrow an additional $70 billion over the next decade to tackle the housing
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Investors have witnessed a dramatic shift in the stock market this year, with international stocks surprisingly outperforming the well-known S&P 500. A mere 2% increase in the S&P 500 starkly contrasts the remarkable double-digit growth seen in the preceding years, 2023 and 2024. This sudden stagnation raises alarming questions about the strength and sustainability of
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In the rarified air of academic excellence, few institutions command the respect and resources that Harvard University does. However, recent developments surrounding a bond sale reveal the cracks in this illustrious facade, leading to serious scrutiny from political figures, notably New York Republican Rep. Elise Stefanik. Her request for the Securities and Exchange Commission (SEC)
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In the often tumultuous world of defense contracting, one prevailing truth emerges: failure can still yield substantial profit. Recent assessments of President Trump’s ambitious missile defense project, the “Golden Dome,” suggest that its potential inability to meet expectations may not hinder the upward trajectory of major defense stocks. Analyst Douglas Harned from Bernstein encapsulates this
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