fund

President Donald Trump has staunchly defended the ballooning costs of the White House ballroom project, assuring that the final result will be “much bigger and more beautiful.” What Happened: On Saturday, in a post on Truth Social, President Trump addressed critics, including CNN's...

President Donald Trump administration has invested over $10 billion of taxpayer funds in private companies deemed crucial to national security. What Happened: The New York Times has revealed that the government has been acquiring minority stakes in at least nine private companies over the past six...

New York City Democratic mayoral nominee Zohran Mamdani raised over $1 million during the most recent reporting period, with a significant chunk of these donations cominf from outside the city. What Happened: As per the latest filings with the New York City Campaign Finance Board, Mamdani’s...

A Bitcoin (CRYPTO: BTC) wallet that has been inactive for over a decade was emptied on Friday, marking a significant movement in the cryptocurrency market. What Happened: The Bitcoin wallet, known by the initial “1c5Cb,” was first funded back in 2013 through a CoinJoin address...

Six seasoned Wall Street professionals have divulged their investment strategies if they were to receive a hypothetical windfall of $10,000. Despite the market reaching record highs since April, these experts believe there are still numerous investment opportunities to be explored. They advise a...

With today's economic landscape — ranging from recession concerns to rising interest rates — financial health-related matters have never been more critical. Companies like Discover Bank have moved to the forefront with the intention of helping startups focused on financial health. See Next: ...

The International Monetary Fund says the U.S. economy won't escape the challenge of persistent inflation if the job market does not soften and monetary policy does not stay tight for an extended period of time. On Friday, the U.S. Bureau of Economic Analysis (BEA) ...

The Solana (CRYPTO: SOL) Foundation and Solana Ventures announced on June 7 a pledge of up to $100 million for cryptocurrency and NFT projects across South Korea. What Happened: According to CoinDesk, the aim of the contribution is to boost the cryptocurrency and virtual gaming industries...

Silicon Valley-based venture capital firm Andreessen Horowitz, or a16z, plans to launch a new $600 million metaverse fund.  What Happened: In a recent blog post, Andreessen Horowitz announced the launch of the fund, which would support innovation in the gaming industry and help build the...

A court filing released on Friday says a judge has ruled that Tesla Inc (NASDAQ: TSLA) CEO Elon Musk knowingly made false statements when he tweeted about securing funds to take Tesla private in 2018. What Happened: According to the April 1 filing, federal judge Edward Chen concluded that Musk...

Last week, movie theater chain AMC Entertainment Holdings Inc (NYSE: AMC) purchased a major stake in Hycroft Mining Holding Corp (NASDAQ: HYMC).  AMC spent $27.9 million in cash for the deal and received roughly 23.4 million shares in the company.  Now, two weeks following the...