Citi is bucking the RTO trend and sticking to 3 days a week in the office, even as it spends $1.2 billion on a new London office

Citt’s Jane Fraser is bucking the RTO trend set by other Wall Street titans. Since pandemic restrictions lifted, Wall Street’s biggest names have been leading the charge to get employees back to their desks. But Citigroup is standing firm behind its hybrid work policy. The bank will continue to allow most employees to work from…

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Mark Zuckerberg is $40 billion richer this year on Meta’s winning streak

Mark Zuckerberg is the world’s third-richest person. Mark Zuckerberg is now $40 billion richer this year after Meta stock continued its record winning streak on Tuesday, closing higher for the 12th consecutive session. Shares in the Facebook and Instagram owner have risen more than 17% this year on investor enthusiasm for its AI ambitions. Meta…

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How the China tariffs will impact what US consumers pay for things

Good morning. The US Agency for International Development, or USAID, will place nearly all of its direct-hire workforce on administrative leave starting Friday at midnight, according to an email sent to staff on Tuesday evening and posted on the agency’s website. Meanwhile, in today’s big story, we’re breaking down how the China tariffs will impact…

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