Business

Business openings, closings, and local economic news.

A Toyota-backed electric truck navigating New York City streets.

Toyota-backed truckmaker bets on aftersales service to fend off Chinese EV rivals

As the sun sets over New York City, the hum of bustling streets is punctuated by the roar of trucks navigating through the concrete jungle. Among these vehicles, a new player is emerging in the electric vehicle (EV) market: Archion, a truckmaker backed by Toyota. With the rise of Chinese EV rivals,...

Marcus Chen

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Campaign rally in Detroit showcasing Democratic candidates

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Michigan feud threatens Democratic unity in key Senate race

On a crisp autumn day in Detroit, the sun cast a warm glow over the bustling streets, where the sounds of campaign rallies echoed in the distance. Among the throngs of supporters, Abdul El-Sayed stood at the forefront of a gathering that promised to unite his party. However, a sudden decision to...

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Prime Minister Mateusz Tusk addressing supporters in Warsaw

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Tusk vows to press on with overhaul of Poland’s judiciary

In the heart of Warsaw, where cobblestone streets echo with the footsteps of a nation grappling with its identity, Prime Minister Mateusz Tusk addressed a gathering of supporters, his voice steady and resolute. "We will not back down," he declared, as the crowd erupted in applause. This moment,...

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Group of friends discussing financial decisions in a Brooklyn café

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This is where most people go wrong in their 30s and 40s

In a bustling café in Brooklyn, a group of friends gather around a table, animatedly discussing their futures. As laughter fills the air, the conversation shifts to the weighty decisions that lie ahead in their 30s and 40s. For many, these years are pivotal, shaping not just their careers, but...

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A hospital room with a frail man reflecting on his life and family.

Business•10h

‘He was heartbroken’: My husband’s kids abandoned him when he was dying. Was he right to leave everything to me?

In a dimly lit hospital room, John Miller lay frail and weak, the sounds of beeping machines a stark reminder of his declining health. Surrounded by the sterile smell of antiseptic, he reflected on his life, his legacy, and the family he had once cherished. His thoughts drifted to his two children,...

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A sunset over New York City, symbolizing uncertainty for retirees

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Is it curtains for COLA? Saving Social Security could mean changing the cost-of-living adjustment.

As the sun sets over the skyline of New York City, a sense of uncertainty looms for millions of retirees. For many, the promise of a comfortable retirement hinges on the reliability of Social Security benefits, particularly the Cost-of-Living Adjustment (COLA) that helps keep pace with inflation....

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Bitcoin's white paper anniversary celebration with small business owners in NYC

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Bitcoin's white paper turns 18, and small businesses are still paying for the bailouts it answered

On a chilly November morning in 2008, a mysterious figure named Satoshi Nakamoto unveiled a groundbreaking concept that would forever alter the landscape of finance. From a simple white paper titled "Bitcoin: A Peer-to-Peer Electronic Cash System," a revolution was born, one that aimed to provide...

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Retired man reflecting on his financial future in NYC park

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80% of workers make this 401(k) mistake when they retire

As the sun sets over the bustling streets of New York City, a retiree named John Thompson sits on a park bench, reflecting on his decades of hard work. After 30 years in finance, he finally stepped into retirement, eager to enjoy the fruits of his labor. Yet, like many others, John unknowingly fell...

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A couple discussing financial strategies in their home.

Business•13h

Want guaranteed income in retirement without an annuity? Try laddering I bonds.

As the sun sets over the bustling streets of New York City, the allure of financial security in retirement becomes a pressing concern for many residents. For individuals like Linda and Mark Thompson, a couple in their late fifties who have dedicated their lives to their careers and family, the...

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A church gathering in NYC discussing financial stewardship.

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Our church has a $1.5 million bequest earning 3.75% in a savings account. Are we throwing money away?

As the sun set over the bustling streets of New York City, a congregation gathered in the warm embrace of their church, a sanctuary of hope and community. Among them was Pastor John Matthews, whose heart swelled with gratitude for a recent windfall—a $1.5 million bequest that had the potential to...

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Retired couple enjoying Central Park in NYC

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What gave this city its ‘best place to retire’ crown? You can actually afford to live there.

As the sun rises over the skyline of New York City, a retired couple strolls through Central Park, hand in hand, savoring their newfound freedom. They’ve traded in the daily grind for leisurely mornings and afternoons filled with art galleries, theater performances, and community events. This urban...

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Evacuation scene in Oleshky, Ukraine during ceasefire

Business•14h

Evacuees from Russian-occupied city arrive in Ukraine

As dawn broke over the Ukrainian countryside, a convoy of buses rumbled through the quiet streets of Oleshky, a city long held under the grip of Russian occupation. Among the passengers was 34-year-old Yulia Petrenko, clutching her young son’s hand tightly, her eyes reflecting a mix of hope and...

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Investors analyzing stock market trends in NYC

Business•14h

The S&P 500 isn’t the big winner you may think it is

In a conference room overlooking the bustling streets of New York City, a group of seasoned investors gathered for their quarterly meeting. As they discussed their portfolios, a palpable tension filled the air. Many had come to believe in the mantra that stocks, particularly the S&P 500, are a...

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