Chicagoans will vote in Tuesday’s primary election on whether to increase the tax rate on real estate transfers worth over $1 million in order to raise funds for affordable housing and fighting homelessness.
Han Xinyi will become president of China’s Ant Group and some units of the financial technology company will set up their own boards of directors to operate more independently, according to a source who saw an internal email from Ant CEO and chairman Eric Jing on Tuesday.
Donald Trump’s election campaign on Monday sought to clarify his stance on popular U.S. entitlement programs such as Social Security and Medicare after President Joe Biden blasted him for talking about “cutting” them.
Reddit is evaluating a letter from Nokia Technologies alleging it infringed some of the telecom and cloud network firm’s patents, the social media platform said on Tuesday, ahead of its high-profile initial public offering (IPO) later this week.
The Bank of Japan ended eight years of negative interest rates and remnants of its unorthodox policy, making a historic shift away from its focus on reflating growth with decades of monetary stimulus.
Nvidia shares dipped in premarket trading on Tuesday after having more than tripled in value in the past year, as the dominant AI chip supplier unveiled its latest flagship product that is expected to further cement its lead in the industry.
Global interest rates are in flux. The Bank of Japan, a holdout dove as central banks across the developed world raised borrowing costs from late 2021, finally called time on its easy money era on Tuesday.
India’s Adani Green Energy said on Tuesday it is aware of a U.S. investigation into potential violations of anti-corruption laws by a “third party”, but denied any relationship with the entity.
South Korea has vowed to provide 420 trillion won ($313.4 billion) in policy loans to finance projects to help reduce carbon emissions, a joint statement by the government and major banks said on Tuesday.
