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NYC mayor-elect Mamdani to end homeless encampment sweeps in January

NEWYou can now listen to Fox News articles! New York City Mayor-elect Zohran Mamdani said Thursday he would stop clearing homeless encampments when he takes office in January, ending a longstanding practice by Mayor Eric Adams’ administration. While answering questions at “Hot Chocolate, Frozen Rent” in Manhattan, Mamdani confirmed he would halt sweeps of homeless … Read more

SoftBank sinks over 10% as Nvidia-fueled rout sweeps Asian chip names

The logo of Japanese company SoftBank Group is seen outside the company’s headquarters in Tokyo on January 22, 2025.  Kazuhiro Nogi | Afp | Getty Images A sector-wide pullback hit Asian chip stocks Friday, led by a steep decline in SoftBank, after Nvidia‘s sharp drop overnight defied its stronger-than-expected earnings and bullish outlook. SoftBank plunged more … Read more

New Mexico declares state of emergency as ‘surge in criminal activity’ sweeps the state

The governor of New Mexico declared a state of emergency Wednesday in response to violent crime and drug trafficking across a swath of northern New Mexico, including two Native American pueblo communities. The emergency declaration by Gov. Michelle Lujan Grisham makes $750,000 available as local governments and tribal officials in Rio Arriba County call for … Read more

Dow Jones up 500 points as trade and Fed optimism sweeps the market

U.S. stocks were up, and the S&P 500 broke records earlier as good news on trade and interest rates boosted the markets. Major U.S. stock indices saw strong growth amid several key positive macroeconomic developments. The Dow Jones gained 490 points, or 1.13%, while the tech-heavy Nasdaq was up 0.55%. The S&P 500 climbed 0.65%, … Read more

PAP sweeps to victory as Singaporeans vote for stability

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Singapore’s People’s Action Party won its 16th consecutive election on Saturday, increasing its share of the popular vote as voters in the trade-dependent country backed stability in the face of rising geopolitical tensions. The PAP … Read more

Bitcoin is Better Than Gold: Tokenized Inflation Hedging Sweeps RWA Markets

Guest Author: Kevin Rusher, founder of real-world asset platform, RAAC.io Around half the gold stored by the United States Treasury — about 147.3 million ounces — is locked up in a specially designed and heavily guarded vault. This is Fort Knox – a massive fortress in Kentucky that underscores just how precious the shiny yellow … Read more

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