A ‘generational buying opportunity’ guarantees inflation plus 3% a year, says this hedge-fund manager

Predication and betting site Polymarket has doubled its footprint at 78 Crosby Street to 12,700 square feet, adding the fifth floor to the space it already leases on the fourth floor.  Polymarket has been headquartered at the Lower Manhattan building since 2023. Its original lease for 6,350 square feet was also extended, with both deals…

Wholesale inflation cooled in June more than economists had forecast, as energy prices that have surged since the start of the Iran war in late February abated last month. Supply-chain inflation tracked by the producer price index (PPI) rose 5.5% last month, the U.S. Bureau of Labor Statistics (BLS) reported Wednesday, reflecting a 0.3% monthly…

Apple’s next iPhone launch could look different from its usual September schedule. Current reports suggest that the iPhone 18 Pro and iPhone 18 Pro Max may launch in September 2026, while the regular iPhone 18 could arrive several months later, possibly in spring 2027. A foldable iPhone is also rumoured to be part of Apple’s…

The battered $24 billion hedge fund founded by former OpenAI researcher Leopold Aschenbrenner is unwinding many of its trades after big losses on artificial intelligence stocks and a bad bet against  software stocks left it scrambling to raise cash, according to people familiar with the matter. The prime brokers for the fund, Situational Awareness, have…

In an expansive deal, National Resources unloaded four properties across the tri-state area to a trio of buyers for a combined $450 million. Lynne Ward’s firm sold the portfolio to a joint venture of Lincoln Property Company, Waterfall Asset Management and Saber-Hightower, the Commercial Observer reported. The properties combine to span more than 4 million…

The Nagaland state has declared the Dear Sambad lottery results that are scheduled on 1PM, 6PM and 8PM on August 7, 2026. The State’s Friday result includes Dear Victory 1PM Morning result, Dear Crown Evening 6PM and Dear Horizon 8PM Night results. All three lotteries are offering Rs 1 crore as first prize. The cost…