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Investing
‘We let you down this month:’ Read Leopold Aschenbrenner’s letter to investors after his fund lost 67% this month

‘We let you down this month:’ Read Leopold Aschenbrenner’s letter to investors after his fund lost 67% this month

Leopold Aschenbrenner, once hailed as an investing wunderkind, is now facing a harsh reality check after his artificial intelligence focused hedge fund suffered a staggering sixty seven percent loss in July. In a candid letter

Investing
FIFA drops World Cup investment plan after backlash from major soccer groups

FIFA drops World Cup investment plan after backlash from major soccer groups

FIFA has officially scrapped a highly controversial plan to open the World Cup to billions of dollars in private commercial investment following an intense wave of backlash from global soccer governing bodies. The initiative, known

Investing
This week’s earnings scrambled everything we knew about investing in the ‘Magnificent Seven’

This week’s earnings scrambled everything we knew about investing in the ‘Magnificent Seven’

For the better part of two years, investing in the so-called Magnificent Seven felt less like a strategy and more like a reflex. Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla carried the market on

Business
New York sues Kalshi, says prediction market is running ‘illegal gambling operation’

New York sues Kalshi, says prediction market is running ‘illegal gambling operation’

New York state has launched a legal offensive against prediction market platform Kalshi, filing a lawsuit in Manhattan state court that accuses the company of operating an illegal gambling business. Attorney General Letitia James argued

Politics
FIRST ON FOX: DHS points to ‘common sense’ reason for collapsing crime: ‘No surprise’

FIRST ON FOX: DHS points to ‘common sense’ reason for collapsing crime: ‘No surprise’

FIRST ON FOX: As the White House touts “collapsing” violent crime rates in the U.S., the Department of Homeland Security is pointing to the deportation of violent criminal illegal immigrants as the “common sense” reason.

Investing
FIFA scraps controversial $20 billion World Cup investment plan

FIFA scraps controversial $20 billion World Cup investment plan

FIFA President Gianni Infantino announced on Friday that the organization has officially abandoned its ambitious and highly contested plan to sell private stakes in future World Cup tournaments. The proposal, which sought an estimated 20

Investing
He had $3 million in his account and says firm wouldn’t let him withdraw it

He had $3 million in his account and says firm wouldn’t let him withdraw it

Larry Williams spent two decades building a three million dollar nest egg with Edward Jones, but when the 86 year old former IBM salesman tried to access his own money, he found himself locked out

Investing
FIFA Under Fire Over Plan To Sell World Cup Stakes

FIFA Under Fire Over Plan To Sell World Cup Stakes

FIFA is facing a massive internal revolt as its ambitious plan to sell minority stakes in the World Cup to private investors appears to be collapsing. The Asian Football Confederation became the latest major body

Investing
Why Talent Agencies Are Hot With Investors

Why Talent Agencies Are Hot With Investors

For many people, the world of Hollywood power brokers seems like a gamble driven by ego and erratic tastes. However, for private equity firms, talent agencies have become one of the safest and most rewarding

Stock
Silver Sector M&A Hits US$14.3 Billion As Miners Hunt for Growth

Silver Sector M&A Hits US$14.3 Billion As Miners Hunt for Growth

The silver mining industry has woken up from a half-decade slumber, triggering a massive wave of consolidation that has seen merger and acquisition values skyrocket to 14.3 billion dollars. According to data from Metals Focus,