Finance

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.

US Fed chair Jerome Powell continues to face mounting pressure to step down amid scrutiny into whether he was truthful to Congress about the Fed's 'Palace of Versailles' renovation to its headquarters in Washington, DC.

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.

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.

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.

Gen Z billionaires are here! With some leading their companies while others pursue college degrees or quiet lives, these are the 20 billionaires under 30 years old, according to Forbes.

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.

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.

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.

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.