BUSINESS
MicroStrategy’s $26 billion in Bitcoin tops IBM’s, Nike’s cash
November 16, 2024
MicroStrategy’s $26 billion in Bitcoin tops IBM’s, Nike’s cash
Michael Saylor’s unorthodox decision to hold Bitcoin instead of cash on MicroStrategy Inc.’s books has vaulted the once obscure software…
Nvidia’s crypto gambit likely to see Supreme Court scrutiny
November 13, 2024
Nvidia’s crypto gambit likely to see Supreme Court scrutiny
The Supreme Court on Wednesday seemed likely to keep alive a class-action lawsuit accusing Nvidia of misleading investors about its dependence on selling computer…
Elon Musk backs ‘#EndTheFed’ after Powell says he won’t resign
November 10, 2024
Elon Musk backs ‘#EndTheFed’ after Powell says he won’t resign
Tesla CEO Elon Musk expressed support for an idea to give presidents more control over the Federal Reserve, which could…
Wall Street is foaming at the mouth with all the possible mergers and acquisitions that may now go through with Trump as president
November 7, 2024
Wall Street is foaming at the mouth with all the possible mergers and acquisitions that may now go through with Trump as president
Analysts expect the incoming administration of President-elect Donald Trump will turn around the recent dealmaking slump in the M&A market. …
Berkshire Hathaway is dumping Apple stock and building its cash stockpile to record highs because Warren Buffett believes the government will raise capital gains taxes soon
November 4, 2024
Berkshire Hathaway is dumping Apple stock and building its cash stockpile to record highs because Warren Buffett believes the government will raise capital gains taxes soon
Berkshire Hathaway’s cash reserves are at an all-time high of $325.2 billion as Warren Buffett quickly exits what has been…
Net zero will cost $75 trillion—more than two times U.S. GDP
November 1, 2024
Net zero will cost $75 trillion—more than two times U.S. GDP
Reaching net zero emissions is essential to mitigating the worst effects of climate change, but it will also take a…
‘Did you just say I should die?’: CNN bans conservative pundit after heated on-air clash with Mehdi Hasan
October 29, 2024
‘Did you just say I should die?’: CNN bans conservative pundit after heated on-air clash with Mehdi Hasan
CNN has banned conservative writer Ryan Gidursky from the network following a contentious on-air exchange where he told panelist Mehdi…
Joe Rogan Trump interview: Eliminate income taxes, rely on tariffs
October 26, 2024
Joe Rogan Trump interview: Eliminate income taxes, rely on tariffs
Former President Donald Trump voiced support for eliminating income taxes and replacing the revenue with receipts from tariffs. During a…
Why these financial advisors say couples shouldn’t commingle their assets
October 23, 2024
Why these financial advisors say couples shouldn’t commingle their assets
As younger generations of Americans marry later in life, they are more likely than their parents to keep their spousal…
Housing market crisis may revive inflation
October 20, 2024
Housing market crisis may revive inflation
Inflation has improved dramatically since the Federal Reserve launched its aggressive rate hikes in 2022, but the housing market’s affordability…