Brooklyn businessman Erden Arkan admitted to funding Eric Adams' 2021 mayoral campaign through illegal "straw donor" schemes, aiding a federal bribery case.
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Spain to Put 100% Tax on Properties Bought by Foreigners to Curb Housing Crisis
Spain proposes up to 100% tax on properties bought by non-EU residents to address its housing affordability crisis and curb rising rents.
Russia Hits Google With $78 Million for Ignoring Previous Penalties on Content
Russia fined Google $78 million for not complying with prior penalty orders, escalating tensions over content moderation and local regulatory challenges.
Israel to Use $3.6B Withheld Palestinian Funds to Settle $544M Electric Debt
Israel will use the tax revenue it collects for the Palestinian Authority to settle the PA's $544 million debt to Israel Electric Company, after withholding funds since October 2023.
Chinese Artist Earns Up to $3,750 for Selling Trump Buddha Statues; Elon Musk to Be Next
Chinese artist Hong Jinshi's Buddha-like Trump statues have gone viral, selling for up to $3,750, with Elon Musk's superhero statue next.
Latest News
US job growth is expected to slow in December with 160,000 new jobs, only led by the healthcare and government sectors, while unemployment remains steady at 4.2%.
The US Supreme Court will hear TikTok's case to block a January 19 law requiring its sale or ban, amid debates over free speech and national security.
Delta Air Lines projects a strong 2025 with higher first-quarter earnings, driven by demand for premium services, and exceeded expectations in 2024's fourth quarter.
China's economy is trying to boost consumer spending through trade-in discounts for appliances and cars, but some economists doubt its long-term effectiveness.
Disney reports 157 million global monthly active users on its ad-supported streaming services, with ad revenue becoming a key driver for profitability across Disney+, Hulu, and ESPN+.
Global bond market pressures, including UK bonds and US inflation concerns, cause stock declines and weakened the pound as investors await the US payroll report.
UK music revenue surged to $2.9B (£2.4B) in 2024, marking a strong recovery driven by streaming and vinyl growth, but inflation-adjusted figures remain lower than 2001.
The US Justice Department is suing six major landlords for using algorithms and sharing data to keep rents high, worsening the housing crisis for renters.
A Chinese company in Liaoning forced employees to eat fire during a team-building event, leading to outrage, with one worker considering legal action for the unsafe practice.
