Investing

Success of Trump Stock Triggers ‘Earnout’ Clause, 45 Lands $1.8 Billion Windfall

CORRECTION, May 3, 2024: The Bloomberg Billionaires Index lists former President Donald Trump as having a total fortune of $8.18 billion. An earlier version of this article included a different figure. Former President…

Trump Media Company Stock Price Skyrockets in First Day of Public Trading

On its first day of trading, Truth Social was soaring on Wall Street. The social media platform founded by former President Donald Trump, and trading under his initials, looked to be a hit with investors Tuesday…

Dem Senator Called to Resign as Finance Committee Chairman After What Wife Is Investing in Becomes Known

Democratic Sen. Ron Wyden of Oregon, the chairman of the Senate Finance Committee, is facing calls to step down after it was reported his wife owns millions of dollars in stocks for tech companies he is tasked with…

Former Trump Official Forming Investor Group to Buy TikTok

Former Trump administration Transportation Secretary Steven Mnuchin is reportedly pooling together an investment group that intends to purchase TikTok if the app is ultimately sold by its Chinese Communist…

Largest Cryptocurrency Exchange Site Crashes After Massive Surge

Ripples of fear spread through the cryptocurrency world Wednesday after the largest crypto exchange told customers they had no money. Coinbase explained the issue in a post on social media platform X . “We are aware…

Major Auto Company Shuts Down Funding to EV Subsidiary, Immediately Sees Stock Price Boom

Volvo stock was doing well Thursday, but it wasn’t because of a new product launch or something that the Swedish car manufacturer was building. On the contrary — the stock was up on the news that the company was going…

Look Out, Fox News: Tucker Carlson May Have Landed Huge Conservative Investors for His New Media Company: Report

The future is looking bright for Tucker Carlson. The former Fox News host has reportedly discussed the possibility of two GOP megadonors investing in his new media company as he looks for fresh opportunities in the wake…

Fox News has been foundering ever since it unceremoniously dumped ratings kingpin Tucker Carlson in April — and the devastating fallout is escalating. On Monday, Wells Fargo analyst Steven Cahall downgraded Fox Corp…

House Votes o Crush Biden’s ‘Woke’ Investing Rule That Aimed to Boost ‘Phony Climate Movement’

House Republicans on Tuesday gave an official thumbs down to a Biden administration rule that encourages investment managers for retirement plans to make “environmental, social, and governance factors” a consideration…

Another Crypto Millionaire Dies Suddenly in Eerie Helicopter Crash – Guess What Happened Right Before It?

Even as the Daily Mail was using the phrase “curse of the crypto whizz kids” to describe two sudden deaths in the cryptocurrency world, another crypto billionaire was reported dead under circumstances the lend…

Will Sinema Sink Democrats’ Spending Bill Over Provision That Would Hurt Small Businesses, Pensions?

It was supposed to be as good as done: After secret negotiations, Senate Majority Leader Chuck Schumer of New York and Democratic Sen. Joe Manchin of West Virginia — who killed the so-called Build Back Better bill last…

Actor Russell Brand Unleashes on Nancy Pelosi: 'You've Got to Be F***ing Kidding Me'

You know possible corruption among members of Congress is bad when Hollywood actors start criticizing them for it. British actor and comedian Russell Brand did not hold back his heated criticism and mockery of House…

Musk Updates SEC Filing: Bad News for Anyone Who Thought He’d Stay Silent About Twitter

A new filing clears the way for major Twitter shareholder Elon Musk to play both an inside game and an outside one as he pursues whatever plan he has in mind for the social media giant. Musk, CEO of Space X and Tesla…

Energy CEOs Call Out Biden Admin for Using a ‘Complete Red Herring’ to Explain Oil Policy

Energy sector leaders lashed out Tuesday at the White House’s attempt to blame them for skyrocketing gas prices. During her daily briefing on Monday — a day when the price of a gallon of gas soared to an all-time high —…