Ken Griffin Makes Historic Donation To Build Carnegie Mellon Campus in Miami Where He Is Expanding His Property Portfolio
If there was any doubt that Ken Griffin, the billionaire founder of hedge fund Citadel, was committed to building a new life in Miami, his latest megadonation should settle it. Griffin just announced a $3 billion donation to his alma mater, Carnegie Mellon, the largest individual gift in higher educ
Woman Accused of Shooting at Rihanna’s $14 Million Beverly Hills Home Found Mentally Fit To Stand Trial
The woman who fired several gunshots at Rihanna's $14 million Beverly Hills, CA, mansion has been found competent to stand trial. Ivanna Lisette Ortiz, 35, was charged with one count of attempted murder, 10 felony counts of assault with a semiautomatic firearm, and three felony counts of shooting at
The Fed’s Favorite Inflation Metric Just Hit 3%—Cooling Urgency for Rate Hike
A key inflation gauge closely tracked by the Federal Reserve cooled more than anticipated last month even as consumer spending rose, casting doubt on further interest rate hikes this year. The core Personal Consumption Expenditures (PCE) index, which strips out volatile food and energy prices, ros
World Cup Delivered $2 Billion Economic Boost to New York City—and a Win for STRs
The 2026 FIFA World Cup delivered an estimated $2 billion economic boost to New York City this summer, as more than $1 billion in visitor spending flowed into hotels, restaurants, shops, and other businesses across the five boroughs. Mayor Zohran Mamdani announced the figure Wednesday, offering the
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