Breaking News: Investing
Trump’s preferred price for oil is between $40-$50 based on his social media posts
President Donald Trump has posted more than 200 times about oil prices since he joined Twitter in 2009, with his missives providing some insight on what price he prefers for crude — and it’s not a good level for the U.S. shale industry. Goldman Sachs mined all of Trump’s posts on Twitter, X, and his […]
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America is failing its youngest investors, warns personal finance guru Ric Edelman
ETF Edge America is failing its youngest investors, warns personal finance guru Ric Edelman Published Sat, May 10 202510:05 AM EDTUpdated 1 Min Ago Jason Gewirtz@jasongewirtz WATCH LIVE Source
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Bitcoin holds above $100,000 while ether rockets to its best week since 2021
Cryptocurrencies extended their rally to end the week, with bitcoin holding steady above the $100,000 level while ether rallied to its best week since 2021. The price of bitcoin was higher by nearly 2% at $103,144.27 on Friday, according to Coin Metrics. Earlier, it rose as high as $104,324.65, its highest level since Jan. 31. For […]
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Bitcoin jumps above $100,000 for first time since February
Harun Ozalp | Anadolu | Getty Images Bitcoin on Thursday hit its highest level since February, climbing back above the key $100,000 level. The price of the flagship cryptocurrency was last higher by more than 4% at $100,801.04, according to Coin Metrics. The move began overnight after President Donald Trump first teased an announcement between […]
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Coinbase acquires crypto derivatives exchange Deribit for $2.9 billion
The Coinbase logo is displayed on a smartphone with stock market percentages on the background. Omar Marques | SOPA Images | Lightrocket | Getty Images Coinbase agreed to acquire Dubai-based Deribit, a major crypto derivatives exchange, for $2.9 billion, the largest deal in the crypto industry to date. The company said Thursday that the cost […]
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Billionaire Ken Griffin calls tariffs a ‘painfully regressive tax,’ hitting working class Americans the hardest
Citadel CEO Ken Griffin speaks during the Semafor World Economy Summit 2025 at Conrad Washington on April 23, 2025 in Washington, DC. Kayla Bartkowski | Getty Images Billionaire Ken Griffin, founder and CEO of the Citadel hedge fund, said working class Americans will bear the brunt of President Donald Trump’s punitive tariffs on U.S. trading partners. “Tariffs […]
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Banks are keeping credit card rates high even after the CFPB rule they blamed for high APRs was killed
Key Points Banks quickly raised interest rates to record levels and added new monthly fees on credit cards last year when a Consumer Financial Protection Bureau rule threatened a key revenue source for the industry. Now they’re far more reluctant to reverse those steps, even after bank trade groups succeeded in killing the CFPB rule […]
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The $275 billion question: Who handles Berkshire’s stock portfolio after Warren Buffett
As the shock of Warren Buffett’s exit settles in, one question about the succession has become the elephant in the room — Who will handle Berkshire Hathaway’s $275 billion portfolio of stocks? The legendary, 94-year-old investor is stepping down as chief executive officer at the end of 2025 after an epic 60-year run, but will […]
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Paul Tudor Jones says stock market will hit new lows even if Trump cuts China tariffs to 50%
Key Points “We’ll probably go down to new lows, even when Trump dials back China to 50%,” Jones told CNBC’s “Squawk Box.” The widely followed investor’s bearish comments came after Trump’s rollout of the highest levies on imports in generations shocked the world last month, triggering extreme volatility on Wall Street. Source
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Airfare, produce and TVs: Which prices are falling for consumers
Key Points Consumers are seeing prices fall in certain pockets of the U.S. economy, even as the overall inflation rate remains elevated. Airline fares, produce, consumer electronics and energy are among the broad categories seeing declines, according to the consumer price index. President Donald Trump said Friday that gasoline prices had dipped to $1.98 per […]
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