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News
Pete Hegseth's broker attempted to make defense investments before Iran war: Financial Times
5+ mon, 1+ week ago (314+ words) A broker for U.S. Defense Secretary Pete Hegseth sought to make a large investment in major defense companies in the lead-up to the Iran war, according to the Financial Times. The Pentagon has dismissed the report. The Financial Times reported Tuesday…...
Congressional stock trading curb due to get House vote amid public support for a ban
1+ mon, 3+ week ago (388+ words) "I'm very disappointed in it. It's a stock trading ban that still allows stock trading. It's a weak bill," Rep. Seth...advocated for a more thorough ban, told CNBC. If the stock trading bill with the voter-ID mandate included...for…...
The problem for investors: We don't know how Trump wants the Iran war to end
5+ mon, 2+ week ago (15+ words) CNBC...
Trump touted Palantir on Truth Social after buying the company's stock, records show
3+ mon, 4+ week ago (519+ words) maker Palantir weeks before he famously lauded the stock, with its ticker symbol, on his social media platform...purchased between $247,008 and $630,000 worth of stock in the now Miami-based AI company, the documents...
The Tech Download: Defense startups eye Iran war windfall as U.S. and Gulf states turn to tech
5+ mon, 1+ week ago (732+ words) Skip the noise. Get the download. This report is from this week's The Tech Download newsletter. Like what you see? You can subscribe here. Once considered a taboo sector to funnel money into by venture capitalists, defense tech has seen…...
Trump Accounts could allow direct stock donations down the road: Reports
4+ mon, 5+ day ago (777+ words) philanthropists may, at some point, be able to donate stock to fund grants into the new tax-deferred investing...talks about changing the rules to allow for direct stock donations. CNBC was not able to independently verify...expanding funding for Trump…...
Bezos defends billionaires, hypes AI, talks taxes and praises Trump in major CNBC interview
3+ mon, 3+ week ago (1167+ words) Ultrabillionaire Jeff Bezos on Wednesday hyped artificial intelligence, blamed government meddling for economic woes and broadly defended himself and his mega-rich peers in an exclusive interview with CNBC. But the Amazon and Blue Origin founder, in a wide-ranging interview with…...
Republicans buy crypto more than Democrats, data shows — what's driving the divide
2+ mon, 3+ week ago (803+ words) Cryptocurrency adoption appears to have a political bent — and a significant gender divide. Republicans have adopted crypto with more gusto than Democrats in recent years, data shows, coinciding with President Donald Trump's ascent to the White House for a second…...
Megayacht Amadea sold for $187 million to Dubai billionaire with Trump ties
1+ mon, 6+ day ago (839+ words) A megayacht once valued at more than $300 million was sold by the U.S. government for $187 million to an Emirati billionaire whose family has a business partnership with the Trump Organization, according to government documents and yacht industry executives. Amadea, a 348-foot…...
United Arab Emirates' 'Spy Sheikh' bought secret stake in Trump crypto company: WSJ
3+ mon, 3+ day ago (535+ words) A government official and top royal from the United Arab Emirates purchased a $500 million stake in the Trump family's cryptocurrency venture last year, months before the Trump administration greenlit the sale of advanced AI chips to the UAE, The Wall…...