Business Insights

The Trump Media & Technology Group, owner of Truth Social, faced a tumultuous Monday as shares plummeted following revelations of staggering losses and minimal revenue in 2023. Former President Donald Trump, the majority shareholder, saw his net worth take a hit of over $1 billion in a single day. The disclosure of a $58.2 million […]

Entrepreneur Sam Bankman-Fried, formerly celebrated for his role in founding the cryptocurrency trading platform FTX, has been convicted and sentenced to 25 years in prison. Prosecutors labeled his actions as one of the most severe financial frauds in U.S. history. Judge Lewis Kaplan announced the verdict, also ordering Bankman-Fried to forfeit an astounding $11 billion […]

Before this it was sneakers, now it’s Bibles. Former President Donald Trump has ventured into a new realm of entrepreneurship, this time targeting the religious market with the launch of the “God Bless the USA Bible” priced at $59.99. Encouraging supporters to embrace patriotism and spirituality, Trump’s latest product draws inspiration from Lee Greenwood’s iconic […]

The debut of Donald J. Trump’s media empire saw waves of support from both die-hard backers and eager investors. His flagship platform, Truth Social, ignited a frenzy, with himself ending the day an overwhelming $4.6 billion richer on paper. But amidst the celebratory fervor lies a brewing storm of ethical dilemmas and political intrigue. Experts […]

Chinese TikTok vendors eyeing TikTok Shop as a potential Amazon alternative now find themselves navigating choppy waters, as the short-video platform enforces stricter rules for overseas sellers. With the looming specter of potential divestment or outright bans haunting TikTok’s U.S. operations, the platform has recently taken a tougher stance on enforcing its internal regulations, according […]

As politicians across the United States continue to clash over the escalating immigrant numbers, there’s one unlikely consensus brewing on Wall Street: optimism. In a recent nonpartisan Congressional Budget Office (CBO) revelation, immigration is poised to inject a staggering $7 trillion into the country’s gross domestic product over the next decade. Wall Street optimism Goldman […]

Donald Trump’s embattled financial fortunes have found an unexpected buoy in his struggling social media venture, Truth Social. Despite facing mounting legal challenges and a hefty civil fraud case debt to New York state, Trump’s net worth is set to soar as his pet project prepares to go public. Scheduled to debut on the Nasdaq […]

Elon Musk, the maverick entrepreneur behind Tesla, SpaceX, Twitter, and Neuralink, is again in the spotlight, not for his groundbreaking ventures, but for whispers of his alleged drug use. The saga unfurls with bombshell reports hinting at Musk’s rendezvous with LSD, cocaine, ecstasy, and ketamine. Yet, like a master illusionist, Musk dances on the tightrope […]

The United States has slipped out of the top 20 happiest countries in the world, with its youth bearing the brunt of economic discontent. As the nation grapples with its happiness quotient, a fierce debate ensues over the root causes and potential remedies. Economic maven Mike Shedlock points the finger at President Joe Biden’s policies, […]

The Trump campaign is riding high on a wave of financial support, thanks to a notable donor who has switched allegiances. Robert Bigelow, a prominent figure who previously poured millions into backing Florida Governor Ron DeSantis, has redirected his substantial financial resources towards bolstering former President Donald Trump’s bid for the presidency in 2024. Robert […]

The New York attorney general’s office has initiated the first steps toward seizing former President Donald Trump’s prized Seven Springs estate and golf course, nestled north of Manhattan. This move comes hot on the heels of a monumental $464 million judgment against Trump, his sons, and the Trump Organization. The filings, lodged with the clerk’s […]

In a brewing legal battle that has Californians buzzing, a trio of coffee aficionados has taken on java giant Starbucks, alleging discrimination against lactose-intolerant customers. Maria Bolliger, Dawn Miller, and Shunda Smith are leading the charge, claiming that Starbucks’ milk surcharges for non-dairy options are a violation of the Americans with Disabilities Act (ADA). The […]