New York City is floating a $500 million second-home tax — and it would hurt industries that support thousands of jobs
Surcharge on luxury units is a gamble that the ultrawealthy won’t leave for low-tax states.
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April 18, 2026
Read Volatility Indicators Like a Pro
Master how to read volatility indicators and gain better control over market timing, risk, and trading confidence.
Alex Imas on Why Economists Might Be Getting AI Wrong
Maybe it really is a threat to work.
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Odd Lots: Why Economists Might Be Getting AI Wrong (Podcast)
Everyone knows that new technologies can be really disruptive to the labor market, but eventually new jobs emerge and things come back into balance. And there is a sense in which many view AI with the same lens. Yes, there will be pain in some sectors, but then there will be productivity gains and new sources of demand and new opportunities for labor that we can’t conceive of yet. But could it be different this time? Could AI be disruptive in a manner that, say, the steam engine was not? On this
Trump Sees Iran Deal as Imminent, Nuclear Issue Remains in Limbo
President Donald Trump said a deal with Iran to end the seven-week war may be imminent though disagreements remain, with Tehran pushing back against US claims that it had agreed to give up its enriched uranium.