Business
Lakers sold at $12.5 billion valuation: NBA execs, agents react
A group led by Josh Kushner and Bob Iger has agreed to purchase the Los Angeles Lakers for a reported $12.5 billion,…
Business Editor
Marcus Lin
Marcus Lin is the editorial identity for TellingPointy's Business desk, covering companies, markets, labour, trade, regulation, and the changing economics of everyday life. Lin looks past the day's price movement to examine incentives, balance-sheet realities, competitive pressure, and the effects corporate decisions have on workers and consumers. His desk treats company claims as claims, numbers as evidence that needs context, and market excitement as something to interrogate rather than amplify.
Latest work
Business
S&P 500 Rises as Wall Street Awaits August Consumer Price Index Data
US stock futures climbed slightly on Tuesday, led by resilience in technology shares, as Wall Street braced for the Bureau of Labor…
Business
Global Shares Rise as AI Stocks Gain and Oil Prices Fall
Global shares rose on Thursday, driven by gains in artificial intelligence-related stocks and computer chips. Meanwhile, U.S. and Brent crude oil prices…
Business
US Dollar Stabilizes as Markets Lower Fed Interest Rate Hike Expectations
The U.S. dollar stabilized on Thursday after softer inflation data led markets to scale back near-term Federal Reserve interest rate hike expectations.…
Business
Gold Nears $4,400 as Investors Weigh Precious Metals Market Momentum
Precious metals markets face intense scrutiny as gold surges near $4,400 per ounce and targets $4,500, while silver approaches a crucial technical…
Business
China New-Energy Vehicle Sales Exceed 60 Percent of Monthly Market Share
China's new-energy vehicle sales captured more than 60 percent of total monthly car sales in July 2026, according to industry data. The…
Business
Trump Media Sells High-Speed Truth Social Data Access for Up to $100,000
Trump Media & Technology Group is charging institutional customers up to $100,000 a month for high-speed access to Truth Social posts. The…
Business
Mark Zuckerberg’s Superyacht Ignored Stranded Boat in Alaska
Meta CEO Mark Zuckerberg faced scrutiny after tracking data and passenger accounts revealed his 387-foot superyacht, Launchpad, stayed floating in the water…
Business
U.S. Stocks Edge Back From Record Highs As Oil Prices Rise
U.S. stocks pulled back from record highs on Thursday, pressured by rising oil prices and mixed quarterly corporate results. The S&P 500…
Business
Andy Burnham Announces Bus Fare Caps and Energy Tax Relief
Prime Minister Andy Burnham has launched an early cost-of-living drive across the UK, announcing plans to reduce single bus ticket prices and…
Business
Meta told to pay another $567m in New Mexico child safety lawsuit
A New Mexico judge ordered Meta to pay an additional $567m in a child safety lawsuit. The ruling targets the Instagram, Facebook,…
Business
Governor Spanberger Intervenes in $67 Billion Dominion-NextEra Energy Merger
Virginia Governor Abigail Spanberger announced Thursday she will formally intervene in the proposed $67 billion merger between Dominion Energy and NextEra Energy,…