business

Nvidia CEO Jensen Huang became the 7th richest person globally with a net worth of $143.6 billion, surpassing Warren Buffett's fortune of $142.4 billion.

Amazon founder Jeff Bezos sold 3.4 million Amazon shares worth $768.9 million based on the Thursday closing price of $222.26 per share. The stock sale was completed between 3rd and 9th July across four trades.

Citadel Advisor's Ken Griffin bought over 9.1 million shares of the Alignment Healthcare stock days before the tech-enabled Medicare Advantage company announced a partial victory in a legal battle against the Centers for Medicare and Medicaid Services.

Bitcoin prices surged to new highs days before Congress debates bills to shape the industry's regulatory framework, and coincides with a tech stocks rally.

The Social Security Administration stated that US President Donald Trump's bill will eliminate federal income taxes on Social Security benefits to offer immediate relief to seniors.

Mustang Bio stock surged over 180% on Monday after the FDA granted its brain cancer drug candidate an orphan drug designation.

Tesla short seller made $1.4 billion in profits on the latest stock price decline as Elon Musk's net worth fell $15.3 billion in a single day to $346 billion.

Tesla shares fell over 7% in early Monday trading, days after CEO Elon Musk said he was forming a new political party.

A California man with access to his retired parents' financial accounts transferred $100,000 from his mother's account without her knowledge to invest in bitcoin and gave them used cars in return.

Costco's new early-access perk for Executive Members has shoppers flocking to upgrade, but Gold Star members feel left out. Is the £104 ($130) fee worth it?

Jaguar's European sales tanked to just 49 cars in April 2025 after a divisive rebrand and EV pivot. Can the iconic brand recover, or is it game over?

Buffett converted 8,239 class A shares of Berkshire Hathaway into 12.35 million class B shares out of which, 9.4 million were given away to the Gates Foundation while the remaining were donated to family foundations.

Robert Herjavec followed Mark Cuban's advice on selling businesses to postpone a $100 million sale in 2021, which enabled him to close the deal four years later at a significantly higher price.

A person from Virginia won the $348 million Mega Millions jackpot, but can receive only $155.5 million if he chooses the one-time lump-sum payout option.

Étienne Breton aggressively bought the Palantir stock since 2020. He now owns close to 20,000 shares worth over $2.5 million.

Nvidia's market cap reached $3.7 trillion as the stock price reached an all-time high. The rally boosted the value of Jensen Huang's 4% stake in the company to $135 billion.

Around 31% or 5.8 million of US student loan borrowers with outstanding debt are in late-stage delinquency, and over 80% of them could reach a default status by September, facing risks of wage garnishment and credit score declines.

GM is recalling 62,000+ Chevrolet Silverado trucks due to a brake defect that could ignite fires, even when parked. Check your VIN and act fast to stay safe.

Point72 Asset Management recently purchased over 10 million shares of Confluent and Amylyx Pharma common stock, worth more than $334.17 million.

Amendments to the Social Security Act decades ago ensured that the retirement age rises by two-month increments annually, and it reached 67 for those turning 65 in 2026 and after.

Coinbase (COIN) soars with a £408 ($510) price target, fueled by stablecoin revenue and the GENIUS Act. Could this signal a £1.6 trillion crypto surge?

QuantumScape's 'Cobra' process could bring faster-charging, safer EV batteries to market, spiking its stock 37% on 25 June 2025. Is this the future of EVs?

The Social Security Board of Trustees said in an annual report that Social Security Trust Funds, comprising Old-Age and Survivors Insurance and Disability Insurance, will have revenue to pay all scheduled benefits only until 2034, which is one year earlier than previous projections.

Donald Trump's deputy chief of staff, Stephen Miller, known for shaping the administration's stringent immigration policies, owns up to a $250,000 stake in Immigration and Customs Enforcement contractor Palantir Technologies, per a recent disclosure.

Elon Musk's net worth reached $423.9 billion on Monday after Tesla shares jumped over 8% after it finally launched robotaxis after years of delay.

Taking a shopping cart could cost you £2,000 ($2,500) as Walmart and Target back strict new laws. Two million carts are stolen yearly, costing £140 million

US Congress member Marjorie Taylor Greene purchased shares of Adobe, Netflix, Snowflake, ServiceNow, NextEra Energy, and Gilead Sciences on 6th June.

The Social Security Administration will stop issuing paper cheques starting 30th September to reduce fraud and misplacement while improving cost savings and overall operational efficiency.

Regecell BioScience Holding shares jumped 49,637% in the past six months on seemingly no news. The company develops traditional Chinese medicines to treat ADHD.

Global central banks continue to withdraw US Treasuries from the New York Federal Reserve since Trump's tariff play in late March. This trend could force the Treasury to hike yields to attract bond buyers, which could drive up borrowing costs.