Donald Trump used a 90-minute speech at the midterm Republican National Convention in Dallas to propose a $5,000 cheque for all American adults if Republicans retain control of both houses of Congress. Trump Proposes $5,000 Cheques at Dallas Convention Donald Trump delivered his second major speech in 24 hours at the American Airlines Arena in … Read more
CreatorFi has secured $45 million in new financing to fund creator-led media businesses, according to Business Insider. The firm advances capital to creators against earnings from major platforms like Roblox, Spotify, TikTok, and YouTube, while also offering traditional business loans. How CreatorFi Advances Capital to Creator-Led Media Companies Checks from CreatorFi typically range from $500,000 … Read more
Online retail giant Kogan has posted a record $1.042 billion in gross sales for the financial year, defying a wider sector downturn while facing a sharp 16.41 per cent plunge in its share price. According to company results released to the market, total group revenue rose 5 per cent to $510.7 million, while statutory net … Read more
CDC Data Centres’ New Zealand subsidiary recorded a net loss of $87.7m for the 2026 financial year, despite generating a gross profit of $117.3m. According to company filings, the loss was driven by $145.6m in fair value write-downs on investment properties, foreign exchange volatility, and rising debt costs, contrasting sharply with a $637.6m profit in … Read more
The Anatomy of a Liquidation: Lessons for Small Business Resilience When a business enters liquidation, the fallout often feels sudden to employees and stakeholders. However, the story behind a company like JSK Holdings—facing over $890,000 in liabilities against a significant net deficit—reveals a common pattern of financial distress that small business owners must learn to … Read more
Meta’s AI Investment Fuels Revenue Surge, But Sparks Investor Concerns Meta’s first-quarter earnings report revealed a significant revenue jump, exceeding Wall Street expectations. However, the announcement of a substantial increase in capital expenditure (capex) – a $10 billion raise to between $125 and $145 billion for 2026 – sent the company’s stock down over 6% … Read more
A recent study by the Center of Economic and Law Studies (Celios) indicates that Indonesia could generate up to Rp142 trillion in annual state revenue by implementing a wealth tax on the country’s super-rich. The findings were detailed in the Economic Disparity Report 2026, launched on Tuesday, April 21, 2026, at Taman Ismail Marzuki in … Read more
Recent York City Mayor Zohran Mamdani and Governor Kathy Hochul have jointly announced a new tax proposal targeting wealthy individuals who own second homes within the city. The proposed “pied-à-terre” tax would apply to luxury properties valued at more than $5 million. According to the Hochul Administration, this initiative could generate up to $500 million … Read more
Freightways Navigates Economic Headwinds with Strategic Acquisitions and Margin Focus Freightways, a leading logistics provider in New Zealand and Australia, is demonstrating resilience in a challenging economic climate. Recent performance indicates a strategic focus on margin improvement, customer retention, and expansion through targeted acquisitions, particularly in the Australian market. Revenue Growth Despite Challenges Despite broader … Read more
Smuggling Routes and the Rise in Tobacco Trafficking: A Growing Concern for Ireland and France French customs officials recently uncovered a significant shipment of illegal cigarettes – over eight tonnes, valued at €5.46 million – hidden within a lorry transporting potatoes destined for Ireland. The seizure, made at Cherbourg Ferry Port, highlights a persistent and … Read more