Finance

Starting in January, the Trump Administration will notify defaulted student loan borrowers, impacting millions of households facing higher costs amid a weak labor market.

Niloy Chakrabarti Dec 24, 2025

Thomas Kelly left his medical career to develop Heidi, an AI-powered tool that assists doctors with administrative tasks such as documentation and clinical notes, helping to reduce work pressure.

Niloy Chakrabarti Dec 24, 2025

Gary Cox was sentenced to 15 years and $452 million for leading a $1 billion Medicare fraud scheme targeting vulnerable patients.

Niloy Chakrabarti Dec 23, 2025

Jared Wheat and his Hi-Tech Pharmaceuticals were convicted of wire fraud for forging documents to make clients believe the dietary supplement company was compliant with good manufacturing practices.

Niloy Chakrabarti Dec 23, 2025

Nigeria-born Four Corners Health CEO submitted nearly 10,000 false claims to the VA, totaling $7 million in illegitimate reimbursements, and used the funds to sustain a lavish lifestyle.

Niloy Chakrabarti Dec 23, 2025

Cryptocurrency King Do Kwon was sentenced to 15 years in prison after his TerraUSD stablecoin and Luna cryptocurrency crashed overnight in 2022, triggering a $40 billion market crash that wiped out investor money.

Niloy Chakrabarti Dec 22, 2025

Charges reveal that Tricolor held $1.4 billion in real collateral but pledged $2.2 billion to creditors, leading to a $1 billion collapse amid allegations of fraud.

Niloy Chakrabarti Dec 22, 2025

Elon Musk's net worth approaches $750 billion after a Delaware court restores his $55 billion Tesla pay package, propelling him closer to becoming a trillionaire.

Niloy Chakrabarti Dec 22, 2025

First Brands founder Patrick James' peculiar financing arrangements created a mountain of off-balance sheet debt while he continued to expand his personal real-estate portfolio with mansions.

Niloy Chakrabarti Dec 20, 2025

NSH Petro CEO Ranjit Prithviraj Thambyrajah misappropriated funds totalling $4.9 million through false promises of securing major funding for the company.

Niloy Chakrabarti Dec 19, 2025

ASG CEO Anthony Tepedino created shell companies, bribed executives of the company's biggest client, and even forged signatures of ASG executives to siphon off money for personal lifestyle upgrades.

Niloy Chakrabarti Dec 19, 2025

AT&T CEO John Stankey expressed his regret regarding an August internal memo urging staff to work from office or quit the company.

Niloy Chakrabarti Dec 18, 2025

Americans building their retirement savings via investment instruments like 401(k)s with a focus on AI stocks might need to reconsider their strategy as signs of cracks appear in the AI boom rally.

Niloy Chakrabarti Dec 18, 2025

A former Chinook Therapeutics executive and his associates were convicted of insider trading, profiting over $600,000 from a major merger with Novartis.

Niloy Chakrabarti Dec 18, 2025

The US Treasury and the IRS have widened the eligibility for health savings accounts as policymakers debate the future of Affordable Care Act subsidies, which are set to end this year.

Niloy Chakrabarti Dec 17, 2025

In Q3, Appaloosa's David Tepper sold his entire stake in Intel and reduced his UnitedHealth Group holdings by over 90% to invest $400 million in Whirlpool shares.

Niloy Chakrabarti Dec 17, 2025

Brenda Aubin-Vega from Montreal won $1 million in the lottery but chose weekly payments of $1,000, sparking debate over whether she made the right decision.

Niloy Chakrabarti Dec 17, 2025

Elon Musk's net worth was driven by reports of SpaceX's $800 billion valuation, Tesla's stock price surge, and talks of xAI raising $15 billion at a $230 billion valuation.

Niloy Chakrabarti Dec 16, 2025

Cathie Wood sold over 124,000 Tesla shares this week across Ark Invest ETFs amid valuation concerns and a rare downgrade from Morgan Stanley.

Niloy Chakrabarti Dec 16, 2025

Strategy's Michael Saylor hinted that his firm could continue accumulating more bitcoin after buying over 10,000 tokens last week despite a price crash.

Niloy Chakrabarti Dec 15, 2025

MacKenzie Scott has donated over $7.1 billion to around 225 nonprofits in 2025 as part of her pledge to give away most of her wealth in her lifetime.

Niloy Chakrabarti Dec 15, 2025

Planet Labs attributed the Q3 beat to robust traction in its AI-enabled global monitoring services and the rollout of new technologies and contract renewals with major space agencies.

Niloy Chakrabarti Dec 12, 2025

Cathie Wood's Ark Invest sold close to $1 million worth of Tesla shares recently amid a Morgan Stanley downgrade after Michael Burry warned the stock is 'ridiculously overvalued.'

Niloy Chakrabarti Dec 12, 2025

Big Short's Michael Burry believes there is 'supply-side gluttony', implying major data centre expansion, GPU orders, and multibillion-dollar commitments without any clear end-user demand.

Niloy Chakrabarti Dec 12, 2025

Lululemon Athletica shares surged during after-hours trading after the company reported better-than-expected Q3 results and announced the departure of CEO Calvin McDonald.

Niloy Chakrabarti Dec 12, 2025

The Trump Administration has proposed a joint settlement with Missouri to formally end the student loan payment pause introduced under former US President Joe Biden.

Niloy Chakrabarti Dec 10, 2025

South Korean chipmaker SK Hynix is exploring a US listing to enhance its corporate valuation and better compete with US peers like Micron Technology.

Niloy Chakrabarti Dec 10, 2025

SpaceX is planning an IPO next year to raise over $30 billion at a valuation of $1.5 trillion, which would make it the largest listing ever.

Niloy Chakrabarti Dec 10, 2025

Shark Tank star Kevin O'Leary claims the biggest financial trap people fall into unseen isn't a poor stock portfolio, but purchasing a house that is too large for their means.

Niloy Chakrabarti Dec 09, 2025

Claiming Social Security at 62 and investing in volatile US stocks could be a risky venture one might not be able to recover from if stocks crash.

Niloy Chakrabarti Dec 09, 2025