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NY's new leftist mayor faces perilous budget test

NY's new leftist mayor faces perilous budget test

Two months after riding into office on a wave of youth support and hopes his unprecedented leftist policies could tackle New York's soaring cost of living, Mayor Zohran Mamdani is eying raising an unpopular property tax. Unable to win the backing of the powerful state governor to increase

Battered by Gaza war, Israel's tech sector in recovery mode

Battered by Gaza war, Israel's tech sector in recovery mode

Israel's vital tech sector, dragged down by the war in Gaza, is showing early signs of recovery, buoyed by a surge in defence innovation and fresh investment momentum. Cutting-edge technologies represent 17 percent of the country's GDP, 11.5 percent of jobs and 57 percent

What's next after US Supreme Court tariff ruling?

What's next after US Supreme Court tariff ruling?

The Supreme Court's striking down of President Donald Trump's global tariffs, while a relief to many, heralds more months of uncertainty as US businesses brace for new levies and a fight for refunds plays out. What comes next after the conservative-majority court's decision?

Stocks rise after court ruling against US tariffs

Stocks rise after court ruling against US tariffs

Wall Street stocks advanced Friday as markets digested a US Supreme Court decision striking down some of the White House's sweeping tariffs and President Donald Trump's response vowing new levies. The conservative-majority top court ruled six-three that a 1977 law known as the International

'Not the end': Small US firms wary but hopeful on tariff upheaval

'Not the end': Small US firms wary but hopeful on tariff upheaval

Small American businesses warned Friday that a tougher trade landscape was here to stay, as the Supreme Court's rejection of sweeping tariffs was quickly followed by President Donald Trump's pledge to impose new duties. "It's certainly not the end of the difficult trade

Stillwater mine officials welcome tariff ruling, caution against quick expectations

COLUMBUS — While Montana's congressional delegation celebrated this week's federal tariff ruling on Russian palladium as a major step toward restoring jobs at Sibanye-Stillwater, company officials are urging caution about timelines for rehiring the nearly 700 workers laid off in fall 2024. "This will not

US GDP growth misses expectations as Trump blames shutdown

US GDP growth misses expectations as Trump blames shutdown

US economic growth cooled much more than expected in the final months of 2025, government estimates showed Friday, capping the first year of Donald Trump's return to the presidency. The Republican leader was quick to blame a lengthy government shutdown last year for the deceleration, pinning responsibility on