JPMorgan’s Dimon backs taxing carried interest

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Trump’s multi-pronged attack on Harvard explained

The president says he’s trying to force change at Harvard and other elite schools that he claims have been taken over by “woke” ideologies. Several investigations are underway, probing antisemitism and ideological bias. With these high-profile probes, Trump is signaling an aggressive education policy approach that could ripple far beyond just Harvard. Read More >>

JPMorgan’s Dimon backs taxing carried interest

Jamie Dimon, CEO of JPMorgan, supports the idea of taxing carried interest like regular income—a position aligning with both populist and bipartisan reform sentiments. The move could reshape hedge fund compensation and has potential implications for broader tax reform under the next administration. Read More >>

US inflation slows, consumer spending cools

April data shows a tepid rise in inflation and signs of deceleration in consumer spending. While markets welcomed the easing price pressures, economists caution that weaker demand could signal broader slowdowns ahead. Stock futures rose modestly on the news. Read More >>

Zara founder Ortega buys Barcelona tower

Amancio Ortega has reportedly purchased a 28,000-square-meter office building in Barcelona from Blackstone for over $280 million. This acquisition expands his commercial real estate portfolio and underscores confidence in European property markets amid global uncertainty. Read More >>

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