Sen. Elizabeth Warren aligning with President Donald Trump on banning institutional investors’ involvement in the housing market was not on my 2026 bingo card. But times are, it’s safe to say, weird.

One of the largest US law firms ordered remote workers back to offices after a cyberattack prompted it to block outside access to internal networks.

South Korean retail investors snapped up almost $800 million of SpaceX shares on the stock’s first day of trading, underscoring strong demand for Elon Musk’s company after local investors were shut out from the world’s largest initial public offering.

This year’s World Cup is the first since prediction markets like Kalshi and Polymarket exploded to popularity as a new way to bet on sports.

Kalshi Inc. is looking to expand its new perpetual futures business beyond digital assets after the never-expiring derivatives racked up more than $5.5 billion of trading volume in their first two weeks on the prediction-market platform.

Leaders in the US House and Senate announced a deal Tuesday on a sweeping housing bill, ending a months-long standoff between the chambers over competing versions of the measure.

The chairman of Japan’s cross-party policy group proposed cutting the consumption tax on food to 1%, advancing a stalled debate over a key policy idea the ruling Liberal Democratic party touted ahead of a nationwide election in February.

AO World Plc is replacing UK call center employees with recruits based in South Africa, as the online household goods retailer hit out at higher taxes and other costs on businesses imposed by the British government.

Morrison Cohen’s Isaac Grossman writes that momentary ownership by a private equity holding partnership creates an unresolved tension between the need to respect that ownership for tax-free rollover purposes and the need to disregard it to protect tax sensitive investors.

Whether meaningful changes can survive the legal, political, and fiscal obstacles that lie ahead for New York City in its attempt to pursue a property tax overhaul will depend on navigating the widely disparate interests of stakeholders—and it seems disposed to leave key constituencies out of the discussion, writes Cullen and Dykman’s David Wilkes.

Hong Kong’s market regulator is proceeding with its plan to compensate minority shareholders of collapsed developer China Evergrande Group, brushing aside a legal challenge by the company’s liquidators.

Indian Prime Minister Narendra Modi and US President Donald Trump shook hands and smiled on the sidelines of a Group of Seven summit in France ahead of their first bilateral meeting in a year.

Brazil’s Supreme Court found former lawmaker Eduardo Bolsonaro guilty of trying to unlawfully interfere with judicial proceedings related to the trial of his father, former President Jair Bolsonaro, who was convicted of plotting a coup after his 2022 election defeat.

Amendments to Manitoba’s Employment Standards Code establish unpaid leave for employees adopting a child or having a surrogate give birth to their child. The amendments received assent from the lieutenant governor of the Canadian province June 1.

A Kentucky tobacco won’t face a Department of Labor administrative process over alleged violations of a work visa program until the US Supreme Court weighs in on the agency’s enforcement authority.

The hourly minimum wage in Albuquerque, New Mexico, will rise to $15 effective Jan. 1, 2029, under an ordinance effective July 1.

The IRS issued revenue ruling providing the prescribed federal interest rates for July 2026 for various federal income tax purposes. The ruling sets the applicable federal rates (AFRs) under I.R.C. ...

The US Department of Labor secured a federal consent judgment requiring four Washington-based Rancho Chico restaurants to pay $750,000 in back wages and damages to 42 workers after an investigation found minimum wage, overtime, and child labor violations, as well as unlawful retaliation against an employee who filed a wage complaint, the DOL announced.

Morrison Cohen’s Isaac Grossman writes that momentary ownership by a private equity holding partnership creates an unresolved tension between the need to respect that ownership for tax-free rollover purposes and the need to disregard it to protect tax sensitive investors.

Whether meaningful changes can survive the legal, political, and fiscal obstacles that lie ahead for New York City in its attempt to pursue a property tax overhaul will depend on navigating the widely disparate interests of stakeholders—and it seems disposed to leave key constituencies out of the discussion, writes Cullen and Dykman’s David Wilkes.

If tax data is going to move between different agencies, it should travel only through the most narrow, validated, and auditable processes that treat taxpayer confidentiality as a real obligation, writes Andrew Leahey.

The rise of payroll taxes, especially in states such as California, may tempt companies to pay employees in cash—a move that could open the door to tax evasion charges, writes attorney David Klasing.

Multinational groups face an additional layer of complexity when claiming the new UAE research and development tax credit, making early modeling and structuring analysis essential, say Dhruva practitioners.

Stuart Alter joined Milbank as a partner in its tax group in New York, the firm announced Monday.