economy

Sandy McConnell earns $50,000 annually from her job and $1,784 monthly from Social Security, but a string of unfortunate family incidents has made it difficult for her to retire.

Congress member Marjorie Taylor Greene purchased PepsiCo and Palantir stocks, with each trade valued between $1,000 and $15,000. She also invested up to $750,000 in T-bills across three trades.

Ken Griffin's Citadel Advisors bought 3.69 million shares of NioCorp Developments at an average buy price of $3.14 per share. The mineral projects developer is currently expediting the construction of its Elk Creek Critical Minerals Project in Nebraska.

Kevin claims that his fiercely independent mother secretly saved money in stocks and bonds for 55 years, which yielded returns significantly higher than those of any hedge fund.

Amazon founder Jeff Bezos sold another batch of company shares worth $1.5 billion under a 10b5-1 plan. He has sold over $2.3 billion worth of the stock in July, weeks after his marriage to Lauren Sanchez.

Nvidia shares gained 4.3% during early Tuesday trading after the company said the Trump Administration is set to lift its ban on the export of H20 AI chips to China.

Crypto whales holding XRP increased from 7.6 billion coins to 9.8 billion since 1st July, a 2.2 billion addition of XRP tokens to portfolios amid growing investor confidence.

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.

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.

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.

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.

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.

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.

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.

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.

Regencell Bioscience Holding stock continues its blistering rally despite recording no profits from its traditional herbal medicines to treat ADHD since going public in 2021.

Reddit shares soared to over 8% on Tuesday after the company unveiled multiple AI tools to help marketers scale their businesses.

A 234-page US Office of Government Ethics revealed that Trump generates hundreds of millions of dollars from his golf ventures, resorts, stocks and bonds investments, licensing fees, and royalties.

US President Donald Trump made over $57 million from his cryptocurrency ventures, raking in millions from meme coin launches and licensing fees.