NewsOctober 17, 20264 min read
The trouble started with a flower. Louis Vuitton sued Chinese milk tea chain Molly Tea over its four-petaled logo that it argued looked too much like its famous monogram. The…
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NewsOctober 17, 20268 min read
In 1638, John Harvard, an English-born Puritan minister and teacher in the Massachusetts Bay Colony, bequeathed 400 books and half his £779 estate, today equivalent to roughly US$2 million, to…
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NewsOctober 17, 20264 min read
Hyperscalers are pouring billions into data centers, and Broadcom, which designs custom AI chips for them, has been one of the biggest beneficiaries. The company has generated about $68 billion…
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NewsOctober 17, 20263 min read
In July 2025, Wesley LePatner kept bringing up the same worry with her husband. She was already stretched thin by many measures. She ran a Blackstone real estate fund, chaired…
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NewsOctober 17, 20263 min read
Gen Z is stepping into new wealth; the young generation amassed $9 trillion in income back in 2023, and by 2030, their earnings are expected to shoot up to $36…
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NewsOctober 17, 20267 min read
The average interest rate for a 30-year, fixed-rate conforming mortgage loan in the U.S. is 7.253%, down from the day before, according to data from Mortgage Research Center. Meanwhile, the…
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NewsOctober 17, 20267 min read
The current average refinance rate on a 30-year, fixed-rate home loan is 7.318%, according to Mortgage Research Center data. If you’re a homeowner hoping to refinance your mortgage for a…
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NewsOctober 17, 20265 min read
A low-hire, low-fire labor market has made breaking into the workforce brutally hard for Gen Z. But while most young people are struggling to land their first opportunity, some have…
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NewsOctober 17, 20266 min read
Shares in the AI “neocloud” provider CoreWeave fell 15.46% on Wednesday, and fell a further 5.62% in post-market trading, after venture capitalist Chamath Palihapitiya posted on X a chart showing…
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NewsOctober 17, 20266 min read
The top-performing certificates of deposit on the market offer rates up to 5.25% APY (annual percentage yield) as of Oct. 16, 2026. With the Federal Reserve having made three federal…
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