NYC's plan to tax luxury second homes, explained

Tech Insider : Politics, Economy, Business
Zohran Mamdani
NYC Mayor Zohran Mamdani and Gov. Kathy Hochul proposed a new tax on Wednesday.

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Trump says Zohran Mamdani is 'destroying' NYC with proposed tax on the wealthy

Tech Insider : Politics, Business
Zohran Mamdani and Donald Trump
President Donald Trump lambasted New York City Mayor Zohran Mamdani on Truth Social.

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Europe is pouring tens of billions of public money into VC. The hard part is making it work

TNW News : Politics

The European Investment Fund is raising a €15 billion fund of funds called ETCI 2 that aims to unlock up to €80 billion in scaleup funding across Europe. Germany’s WIN initiative is targeting €12 billion by 2030. France’s Tibi programme has pledged €7 billion in private capital and labelled 92 VC and growth funds with […]

The foreign students powering American summer jobs may be harder to find this year

Tech Insider : Politics, Travel, Business
Cape Cod Beach
Small businesses in Cape Cod and other popular destinations rely on J-1 Visa holders.

Boston Globe/Boston Globe via Getty Images

Anthropic’s Amodei meets Wiles and Bessent at the White House in first step toward resolving Mythos standoff

TNW News : Politics

In short: Anthropic CEO Dario Amodei met White House Chief of Staff Susie Wiles and Treasury Secretary Scott Bessent on Friday in what the White House called “productive and constructive” talks over access to Mythos, the frontier AI model capable of finding thousands of zero-day vulnerabilities. The meeting signals a thaw in the standoff that […]

Penthouse pieds-à-terre: Bezos, Trump, and other billionaires facing Mamdani's proposed tax

Tech Insider : Politics, Economy, Economy
Bezos, Mamdani
Jeff Bezos would be among the many billionaires impacted by a proposed pied-à-terre tax backed by Mayor Zohran Mamdani.

Jamie McCarthy/WireImage; Adam Gray/Bloomberg via Getty Images

Work on Capitol Hill? Your boss may want to ban you from betting on prediction markets

Tech Insider : Politics, Business, Crypto
Rep. Seth Moulton of Massachusetts
Rep. Seth Moulton of Massachusetts was the first member of Congress to announce a ban on staff trading on prediction markets.

Al Drago/Bloomberg via Getty Images

MarineTraffic shows Hormuz Strait vessel activity after Israel-Lebanon ceasefire deal

Tech Insider : Politics, Business, Style

Tanker ships are sailing through the Strait of Hormuz. Here's what 'completely open' looks like right now.

NYC's first rest area for delivery workers isn't open 10 days after a flashy ribbon-cutting. I dug into why.

Tech Insider : Politics, Business
A dark brown metal building rests on a New York City sidewalk outside the City Hall.
Big-name politicians attended the April 7 unveiling of the nation's first rest area hub for delivery workers. 10 days later, the doors remain locked.

Ben Shimkus/Business Insider

From inspirational quotes to depicting himself as Jesus, see how Trump's social media posts have evolved since 2009

Tech Insider : Politics, Politics, Business
President Trump looks at his phone at the oval office desk.
President Trump began posting on the Trump-owned social media platform Truth Social after being banned from Twitter in 2021.

Bloomberg via Getty Images

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