Ferrari, RACE, says it will raise prices by 10% on some models to offset auto tariffs

Ferrari announced Thursday that it will raise prices by up to 10% on select models beginning April 1, in response to the newly imposed 25% U.S. auto tariffs — potentially adding as much as $50,000 to the cost of a typical Ferrari. The luxury automaker, based in Maranello, Italy,

Most people who become millionaires in the U.S. reach this milestone in a very simple way: by making automatic contributions to a retirement account from every single paycheck over many year

Being a millionaire once signaled lifelong financial security — but that’s no longer a guarantee. Thanks to inflation, $1 million today doesn’t stretch as far as it used to. In fact, you’d need more than $1.6 million in 2025 to match the buying power that $1 million

Porsche and Mercedes-Benz will be hit hardest by President Donald Trump’s auto tariffs, facing a potential €3.4 billion blow from new US tariffs on imported cars

President Donald Trump’s latest round of tariffs is poised to hit Porsche AG and Mercedes-Benz Group AG the hardest, with the two automakers facing a potential €3.4 billion ($3.7 billion) hit due to new U.S. duties on imported cars. The additional 25% tariffs, set to be

Putin says the United States is serious about acquiring Greenland

Russian President Vladimir Putin said he considers U.S. ambitions to annex Greenland as “serious,” in light of President Donald Trump’s renewed efforts to assert American control over the Danish territory. “We are talking about serious plans on the American side with regard to Greenland,” Putin stated on Thursday

23andMe won permission from a judge to try to sell information about customers’ medical and ancestry-related data

The bankrupt genetic testing company 23andMe Holding Co. has received court approval to pursue the sale of its customer data related to health and ancestry — widely viewed as the firm’s most valuable asset — raising fresh concerns over privacy and data security amid the company’s collapse. News of the

Trump has announced 25% tariffs on all cars not made in the US

U.S. President Donald Trump signed an executive order on Wednesday to impose 25 percent tariffs on all automobile imports to the United States starting next week, further escalating his global trade war and sending shockwaves through stock markets. Prime Minister Mark Carney condemned the move as a “direct attack”

The EU has asked for households to stockpile 72 hours of food amid war risk

Brussels has proposed that EU households should stockpile essential supplies sufficient for at least 72 hours to withstand potential crises, as the ongoing war in Ukraine and shifting geopolitical tensions push the bloc to bolster its security measures. The conflict in Ukraine, the Covid-19 pandemic—which exposed severe gaps in

31% of Americans reported having no interest in supporting the economy this year

Americans are adjusting their shopping habits—and even abandoning their favorite stores—in response to corporations aligning their policies with the Trump administration, according to a poll shared exclusively with The Guardian. A Harris poll found that four in 10 Americans have altered their spending in recent months to reflect

It’s no wonder younger generations, Millennials and Gen Z, are so economically anxious,” Larry Fink of BlackRock said

BlackRock Inc. CEO Larry Fink sounded the alarm on an impending “retirement crisis” and urged baby boomers to help younger generations secure their financial futures. Doing so, he argued, could prevent younger Americans from growing disillusioned with capitalism and politics in the years ahead. With people living longer yet struggling

Gen Z is expected to become the largest and richest economic force by 2035

Gen Z: Struggling Today, Dominating Tomorrow Gen Z is navigating a paycheck-to-paycheck lifestyle, juggling sky-high rent while surviving on budget meals like 99-cent ramen. But in just a decade, they’re set to become the world’s most powerful economic force. In 2022, Gen Z’s total income stood at

Warren Buffett is getting rich faster than any other person in 2025

The mystery surrounding Warren Buffett’s unusually defensive stance deepened over the weekend. The 94-year-old CEO of Berkshire Hathaway continued selling stocks in the latest quarter, swelling the company’s record cash reserves to $334 billion. Yet, in his highly anticipated annual letter, Buffett offered no clear explanation for why

The top 1% of Americans have enough money to buy 99% of US homes

More than 13% of the nation’s real estate assets are held by the wealthiest 1% of Americans—a reality that has significantly boosted their fortunes over the past two years amid soaring interest rates and housing shortages. A recent Redfin analysis found that the 1% has become so wealthy

Trump says the US needs Greenland for international security

Since taking office in January, Trump has repeatedly maintained that he wants the self-governing territory to become a U.S. possession, refusing to rule out the use of force to achieve this objective. "We need Greenland for international safety and security. We need it. We have to have it,

Atlantic leaked signal messages

Millions of 23andMe users now face seeing their genetic information sold to the highest bidder as part of the company’s bankruptcy

23andMe Bankruptcy Sparks Fears Over Sale of Genetic Data Millions of Americans who sent their DNA to 23andMe—hoping to discover long-lost relatives or assess health risks—now face the unsettling prospect that their genetic data could be sold to the highest bidder. As the company moves through bankruptcy proceedings,

Larry Fink of BlackRock, BLK, has said that retirement is a benefit increasingly limited to Fortune 500 employees

BlackRock’s Larry Fink Sounds the Alarm on America’s Retirement Crisis While short-term economic uncertainty dominates discussions among CEOs, BlackRock CEO Larry Fink is urging a greater focus on retirement planning—an issue he believes is dangerously overlooked. Fink, a longtime advocate for retirement security, has frequently warned of

Gen Z Americans don’t have enough saved to cover a single month of spending

Gen Z’s Financial Struggles: Spending Outpaces Savings Younger Americans are financially vulnerable, with less than a month’s worth of savings to cover their expenses—leaving them at risk should the economy take a downturn. Spending More Than They Save According to Bank of America Institute’s latest analysis,

Florida has become such a popular place to move that real-estate developers are building homes on top of orange groves to accommodate the exploding population

Florida’s Citrus Industry Faces Devastating Decline Florida’s once-thriving orange industry has been in steep decline for over two decades, battered by disease, extreme weather, and shifting economic pressures. Storms, Disease, and Shrinking Groves When Hurricane Irma ripped through the state’s orange belt in 2017, Florida’s citrus

World Liberty Financial, a crypto project backed by President Trump and his family, says it will launch a new stablecoin backed by US government debt

Trump-Backed Crypto Firm World Liberty Financial to Launch Stablecoin World Liberty Financial, a crypto project backed by President Donald Trump, has announced plans to launch a stablecoin pegged 1:1 with the US dollar. The move signals his administration's growing support for digital tokens, which play a crucial

Ferrari car buyers are getting younger, with the CEO saying 40% of new clients are now under 40

Ferrari’s Buyers Are Getting Younger, Says CEO The average Ferrari buyer is getting younger, according to CEO Benedetto Vigna. Today, 40% of new Ferrari owners are under 40, a significant jump from 30% just 18 months ago. The Italian luxury sports car brand has long been known for its

Gen Z may not be able to afford a house or the cost of living now—but give it 10 years. They’re on track to gain $36 trillion and become the richest generation

Gen Z: Struggling Today, Dominating Tomorrow Gen Z is navigating a paycheck-to-paycheck lifestyle, juggling sky-high rent while surviving on budget meals like 99-cent ramen. But in just a decade, they’re set to become the world’s most powerful economic force. In 2022, Gen Z’s total income stood at

The Indian government is reportedly willing to reduce tariffs on 55% of U.S. import

India Considers Major Tariff Cuts to Secure U.S. Trade Deal India is open to reducing tariffs on over half of U.S. imports worth $23 billion as part of the first phase of an ongoing trade deal with Washington, according to two government sources. This move would mark India’

The S&P 500 could see 3% to 5% bounce from oversold levels

UBS Strategist Warns of Further S&P 500 Decline as U.S. Consumer Weakens The U.S. consumer is showing signs of fatigue, which could weigh further on stock prices, setting the stage for another 8% drop in the S&P 500, according to Bhanu Baweja, chief strategist

The FBI has issued a Public Service Announcement over Tesla, TSLA, incidents

FBI Issues Warning Amid Ongoing Protests Against Tesla Linked to Anti-Trump Sentiment The Federal Bureau of Investigation (FBI) has issued a public alert urging citizens to "remain vigilant and report suspicious activity," as protests against automaker Tesla continue to be used as a platform for opposing the Trump

Trump says tariffs will make the US rich again

Trump Hints at Exemptions as Reciprocal Tariffs Loom President Donald Trump suggested on Monday that his administration may grant exemptions to certain nations when it rolls out reciprocal tariffs on imports next week. “I may give a lot of countries breaks,” Trump told reporters at the White House. “It’s