New World Development

Business

IRS Unveils 2026 Tax Adjustments: Inflation-Driven Increases to Put More Money Back in Taxpayers' Pockets

The Internal Revenue Service has announced its annual inflation adjustments for the 2026 tax year, featuring higher standard deductions, expanded tax brackets, and a modest rise in the SALT deduction cap. While the changes are incremental, financial experts say proactive planning could yield meaningful savings for many households when filing in 2027.

Feb 4, 2026

Business

Services Sector Keeps Expanding in January, But Inflationary Heat Remains a Concern

Two key surveys confirm the U.S. services industry maintained its growth momentum last month, fueled by rising employment and business activity. However, persistent price pressures and a dip in foreign demand signal ongoing economic headwinds that could delay interest rate cuts.

Feb 4, 2026

Business

Prediction Markets Signal Deepening Gloom for Bitcoin, With $65,000 in Sight

As Bitcoin struggles to hold the $73,000 level, decentralized prediction platform Polymarket shows traders are betting heavily on a further drop to $65,000 this year, reflecting a stark shift in sentiment from earlier bullish forecasts.

Feb 4, 2026

World

Italian Court Overturns Dismissal of Worker Who Nodded Off, Citing Unfair Labor Practices

An Italian appeals court has ruled that a recycling company unfairly dismissed an employee for briefly falling asleep at his desk, ordering his reinstatement with back pay. The judgment highlighted broader issues of workplace isolation and punitive management tactics.

Feb 4, 2026

World

Oman to Host Critical US-Iran Nuclear Talks This Friday as Regional Tensions Simmer

Diplomats from Washington and Tehran are set to meet in Muscat this week for high-stakes negotiations aimed at de-escalating tensions and addressing Iran's nuclear program, ballistic missile activities, and regional influence.

Feb 4, 2026

US

Minnesota Immigration Operation Nets Over 4,000 Arrests; DHS Touts Public Safety Gains Amid Tensions

A sustained federal enforcement operation in Minnesota has led to the arrest of more than 4,000 individuals, with authorities highlighting the removal of those convicted of serious crimes. The initiative has sparked debate over immigration policy and community safety.

Feb 4, 2026

US

A Libertarian's Warning: The Unintended Consequences of the Epstein Document Dump

Reason's Robby Soave argues the mass release of Jeffrey Epstein-related files has fueled a partisan witch hunt, prioritizing political smears over justice and threatening civil liberties.

Feb 4, 2026

Business

Fed Leadership Shift Looms: Three ETFs Poised for Potential Gains Ahead of Powell's Departure

With Jerome Powell's term as Federal Reserve Chair set to conclude in May 2026 and Kevin Warsh nominated as his successor, market strategists are eyeing potential winners in Financials, Small-Caps, and Real Estate ETFs.

Feb 4, 2026

Business

Evernorth Aims to Mirror MicroStrategy's Success, Launching Public XRP Treasury on Nasdaq

Evernorth Holdings is set to debut on Nasdaq, locking 388 million XRP tokens into a public treasury. The move, backed by over $1 billion in capital, aims to give traditional stock investors regulated exposure to the digital asset, following a blueprint pioneered by MicroStrategy with Bitcoin.

Feb 4, 2026

Business

Lilly Pulls Ahead in GLP-1 Race as Novo Nordisk Forecasts First Sales Drop in Nearly a Decade

Eli Lilly's blockbuster drugs Mounjaro and Zepbound have propelled it to a commanding lead in the lucrative weight-loss and diabetes market, while rival Novo Nordisk warns of declining sales in 2026, sending its shares tumbling.

Feb 4, 2026

Business

Cramer Sees NVIDIA as a 'Coiled Spring,' But Advises Patience Amid Market Pause

CNBC's Jim Cramer describes NVIDIA's current trading pattern as a temporary 'breather,' suggesting the chipmaker's stock is poised for a potential rebound despite recent consolidation.

Feb 4, 2026

Business

Jim Cramer Dismisses Dillard's Stock, Citing Lack of Conviction Amid Retail Sector Scrutiny

CNBC's Jim Cramer offered a blunt assessment of Dillard's Inc. (NYSE: DDS) when pressed by a viewer, stating he lacks sufficient knowledge of the department store chain to recommend it, highlighting the challenges facing traditional retailers.

Feb 4, 2026

Business

Jim Cramer Touts Sphere Entertainment's 'Amazing' Prospects, But Investors Weigh Broader Market Risks

CNBC's Jim Cramer praised Sphere Entertainment (SPHR) during his 'Lightning Round,' highlighting its immersive technology and live events business. The bullish sentiment comes as the company navigates a competitive entertainment landscape and broader market volatility.

Feb 4, 2026

Business

Cramer's Take on Marvell: 'A Derivative Player' in the High-Stakes Chip Arena

CNBC's Jim Cramer offered a nuanced assessment of Marvell Technology, praising its execution but labeling it a 'derivative' company in the competitive semiconductor landscape, sparking debate among investors.

Feb 4, 2026

Business

Cramer's Contrition: Calls Solstice Advanced Materials 'Fantastic,' Admits Premature Sale

CNBC's Jim Cramer heaped praise on Solstice Advanced Materials (SOLS), a Honeywell spin-off, calling it a 'terrific' stock and expressing regret for selling his position too early during a recent 'Mad Money' segment.

Feb 4, 2026

Business

Cocoa Prices Tumble as Supply Glut Meets Weak Chocolate Demand

Cocoa futures extended their decline this week, pressured by forecasts of abundant global supplies and persistent weakness in demand from major chocolate producers. While some supportive factors emerge from West Africa, the market remains firmly in bearish territory.

Feb 4, 2026

Business

Bitcoin Tumbles to $73K as Macro Jitters Mount, Fueling Fears of a Prolonged Downturn

Bitcoin's sharp decline to $73,000 has intensified the debate over its trajectory, with analysts pointing to geopolitical tensions, a flight to traditional safe havens, and bearish on-chain signals as catalysts for a potentially deeper correction.

Feb 4, 2026

Business

From Dollar Menus to Double Digits: How Fast Food Lost Its Value Proposition

Once a haven for budget-conscious diners, major fast-food chains have seen prices surge by nearly 40% since 2020, transforming casual meals into occasional luxuries and leaving consumers nostalgic for the era of 99-cent staples.

Feb 4, 2026

World

Zelenskiy Puts Ukrainian Military Losses at 55,000, Highlighting War's Staggering Human Toll

In a televised interview, Ukrainian President Volodymyr Zelenskiy provided a stark official estimate of battlefield fatalities, a figure that underscores the devastating scale of the conflict as it approaches a grim milestone.

Feb 4, 2026

US

DHS Faces Bipartisan Legal Backlash Over ICE's Use of Non-Judicial Warrants for Home Entries

The Department of Homeland Security is scrambling to contain a mounting constitutional crisis after six of its former top lawyers jointly condemned ICE's controversial practice of using administrative warrants to enter private homes—a move legal experts say flouts Fourth Amendment protections.

Feb 4, 2026