Valuetainment

Luxury EV maker Lucid is cutting roughly 18 percent of its U.S. workforce, including full‑time staff, contractors and factory workers, in its second deep layoff of the year as it tries to save about 158 million dollars annually and align production with softer demand. The company had around 9,000 employees worldwide at the end of 2025 and generated roughly 1.35 billion dollars in revenue last year on fewer than 18,000 vehicles, but its stock has plunged more than 50 percent in 2026 as investors lose patience with ongoing losses.

A new bipartisan housing bill headed to President Trump bars large institutional investors that already own at least 350 single‑family homes from buying more, and loosens a stack of federal rules to speed up construction, modernize manufactured‑home standards and push FHA limits closer to today’s prices in an effort to boost supply and stop Wall Street outbidding families.

Bloomberg reports that more ultra‑rich founders are building elaborate, cross‑border trust structures designed to minimise taxes, preserve their companies and lock in management long after they die, but those same systems are now triggering bitter court fights as heirs push back.

Dave Ramsey's largest-ever millionaire survey revealed a surprising result: engineers, accountants, and even teachers produced more millionaires than doctors. Patrick Bet-David and the panel break down the habits, careers, and financial decisions that actually build wealth.

A viral video from the New York Knicks championship parade shows a woman emptying a blue‑and‑orange Knicks‑branded public trash can onto a Manhattan sidewalk and then walking off with the can, later spotted riding the subway with it; online sleuths identified her as Angie Báez, a 40‑year‑old executive director at JPMorgan Chase.